Robert M. Stemmler

ROBERT STEMMLER retired Chairman and Chief Executive Officer of Impco Technologies Inc., has had more than 55 years' of industrial experience. He began his career as a mechanical, materials and test engineer with Amoco and Sunbeam Corporation in Chicago, Illinois, before joining Celanese Corp. During a 20 year career at New York-based Celanese Corporation, he assumed management positions in technical development, product management, sales, marketing, strategic planning, acquisitions and general management. From 1983-1985, he was Vice President, General Manager of Impco, when it was owned by Los Angeles-based A.J. Industries. From 1985-1988 he was Vice President and COO of A.J. Industries, a mini conglomerate of seven companies with sales totaling over $250 million. From 1989 to 1993 he was COO of Sargeant Fletcher, an aerospace division of A.J. Indusries. Mr. Stemmler returned to IMPCO in the spring of 1993, when independent of A.J. Industries, and assumed the position of President and CEO. As CEO of IMPCO, Mr. Stemmler defined and implemented the company's strategic and tactical plans for growth and profitability in the rapidly emerging alternative fuels industry. He was instrumental in transitioning the company into a worldwide product and technology leader in the industry. Eight acquisitions in 10 years and strategic alliances and joint development programs with major OEM Companies positioned IMPCO strategically for continued leadership and growth in the industry. Revenue growth grew to $450 million from $27million during his 13 year tenure.
Significant career accomplishments include:
• Successfully turned around four companies with stagnant revenues and increasing losses.
• The inking of a major teaming agreement with General Motors (GM). In a worldwide search, GM selected IMPCO as the company with the best product, technology, and resources to support General Motors' commitment to be a major participant in the alternative fuels vehicle market.
• Obtained more than $350 million in four Public Offerings in the NYSE to support the Impco growth strategy.
Impco was recognized by Forbes magazine in their . November 2, 1998, issue as being among the 200 Best Managed Small Companies in the U.S.
• The Los Angeles Business Journal identified Impco in 1998 and as the fourth most profitable company in Los Angeles County based on a five year average return on equity (31.6%).

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