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Sona Comstar appoints Jeffrey Mark Overly as Chairman after Sunjay Kapur's sudden demise
Sona Comstar appoints Jeffrey Mark Overly as Chairman after Sunjay Kapur's sudden demise

Mint

time7 hours ago

  • Automotive
  • Mint

Sona Comstar appoints Jeffrey Mark Overly as Chairman after Sunjay Kapur's sudden demise

Automotive components manufacturer Sona Comstar (Sona BLW Precision Forgings) announced on Monday, 23 June 2025, that it has appointed Jeffrey Mark Overly as its new Chairman after former Chairman Sunjay Kapur's sudden demise, according to an exchange filing. 'The Board of Directors of the company appointed Mr. Jeffrey Mark Overly (DIN:09041143), as the Chairperson of the Board of Directors of the company,' said Sona Comstar in the BSE filing. Jeffrey Mark Overly, the new Chairman of Sona Comstar, has been a part of the company as an Independent Director since 12 February 2021, and was reappointed as the same on 30 April 2025, as per the BSE filing. The appointment as an independent director of the firm positioned Overly to serve for almost five years in the company. According to Sona Comstar's official website, Jeffrey Mark Overly is based in New York City, United States (US). The industry veteran was previously responsible for monitoring, advising, and supporting strategic opportunities in Blackstone's global portfolio company holdings through Lean Operational Excellence and supply chain improvement. He also has experience working for other big industry majors like Kohler Company, General Motors Corp. and Delphi Corporation. On the education front, Jeffrey Mark Overly has a BS in Industrial Management from the University of Cincinnati and a Master's degree in Business from Central Michigan University, as per the website data. Sona BLW Precision Forgings shares closed 2.05 per cent lower at ₹ 477.35 per share after Monday's trading session, compared to ₹ 487.35 at the previous market close. The company announced the appointment of the new Chairman after market hours on 23 June 2035. The shares of the auto component maker have given stock market investors more than 32 per cent return on their investment in the last five years. However, in the last one-year period, the stock is trading 24.87 per cent lower. The shares hit their 52-week high level at ₹ 767.80 on 23 September 2025, while the 52-week low level was at ₹ 379.80 on 7 April 2025, according to BSE data. The company's market capitalisation (M-Cap) stood at ₹ 29,677.71 lakh crore. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar
Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar

Business Standard

time9 hours ago

  • Automotive
  • Business Standard

Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar

The board of directors of Sona Comstar on Monday appointed Jeffrey Mark Overly as the chairman of the company. Overly has served as an independent director of the company since February 2021. The appointment follows the death of Sunjay Kapur, chairman and non-executive director of the auto parts maker, earlier this month. The Gurugram-based component maker supplies gears, rotator shafts, starter motors and steering components to India's passenger and commercial vehicle industry. Overly has been on the board of the company for almost five years and has an excellent attendance record, having participated in all board and committee meetings during his tenure. Despite being in a different time zone, he has contributed significantly to the deliberations and decision-making of the board and its committees, the company said. Overly holds a bachelor's degree in industrial management from the University of Cincinnati and a master's degree in business from Central Michigan University. He has over 43 years of operating experience. He was an operating partner in the Corporate Private Equity Group, based in New York, at the time of his retirement from Blackstone Group in 2018 and continues to support Blackstone by serving on the boards of several of its portfolio companies. Overly has been involved in monitoring, advising and supporting operational excellence, supply chain improvement, and strategic initiatives in Blackstone's global portfolio holdings. Before joining Blackstone in 2008, he served as vice-president of global fixture operations at Kohler Company, where he was responsible for global manufacturing operations, including the entire supply chain—from procurement to shipment of finished products—via a multi-warehouse regional distribution centre network. Prior to that, Overly served for 25 years at General Motors Corporation and Delphi Corporation in various operations and engineering roles with global responsibilities.

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