Issue 7 2022

CEO MONTHLY / ISSUE 7 2022 18 Automotive Supplier CIO of the Year 2022 Headquartered in Northville, Michigan in the USA, Cooper Standard specialises in materials science and manufacturing. Breaking down barriers to innovate materials science into final products, Cooper Standard delivers sustained value for all stakeholders and the global industries it serves. As the company’s CIO, Soma Venkat sees extraordinary success within the C-Suite Awards 2022, we take a closer look at the company andhis career. or more than 60 years, Cooper Standard has been constantly evolving to meet the current and future needs of its stakeholders, with the ultimate aim being to create sustainable solutions together. The company has a long history of providing customers with the highest quality and most cutting-edge automotive solutions. Today, it is still delivering this same quality and innovation to a wide range of markets with its materials science technology. It drives value through successful relationships with customers, world-class operations across a strategic global footprint, and commitment to advancing the business as a whole. Cooper Standard’s purpose is made up of four keywords of ‘creating’, ‘sustainable’, ‘solutions’, and ‘together’. In ‘creating’ it works to develop gamechanging advancements in materials science and product innovations. For ‘sustainable’, it delivers continued business viability and reduction of its environmental footprint. Under ‘solutions’, it delivers quality products and services. And ‘together’ means partnering with all its stakeholders to create a better tomorrow. The company strives to be the first choice for its stakeholders by living out its core values and demonstrating its capabilities to meet or exceed their expectations. These values are ‘safety first’, ‘collaboration drives success’, ‘integrity always’, ‘diversity makes us stronger’, ‘commitment to excellence’, and ‘respect for all’. Each of these core values do what they say on the tin, and they enhance the Cooper Standard team’s capabilities, helping team members to work together and to deliver outstanding results in their daily work. Soma Venkat has been leading the global IT and digitisation and innovation initiative for Cooper Standard as CIO since September 2021. He is also on the board of Liveline Technologies, a spin-off from Cooper Standard which enables him to utilise the power of artificial intelligence to automate complex manufacturing processes. Soma is an accomplished technology leader with over 25 years’ experience under his belt in providing innovative solutions to the automotive, manufacturing, high-tech, higher education, and media industries. This experience includes an array of leadership positions in companies such as Meritor, MASCO, ProQuest, Bell & Howell, and Oracle. Not only this, but he also founded InfoShuk, a big data/ AI start-up company. Prior to entering the corporate world, Soma was part of the teaching and research at the University of Windsor, and before that he achieved a PhD in Computational Mathematics from the same university. He is also a graduate of the CIO Institute at the Booth School of Business at the University of Chicago. By having such a wealth of experience in leading and executing IT within a variety of sectors, Soma is truly an asset to the Cooper Standard team as it continues its digital transformation and the execution of its Driving Value plan. Ultimately, he is clearly very worthy of the awards success he has achieved. Company: Cooper Standard Contact: Soma Venkat Website: Apr22661 F