Currently reading: Power List 100 2023 – Supplier chiefs

The world of suppliers has become even more crucial within recent times. These are the sector's most influential

Suppliers are the somewhat forgotten backbone of the automotive industry - you can’t make a car without parts.

Over the past few years the importance of those at the top has become even more pronounced as the sector battles pressures created by the Covid pandemic and geopolitical crises. 

It is those who we celebrate within the Power List 100, sponsored by Keyloop.

From the traditional German giants such as Bosch and Continental to the new global battery manufacturing leaders from China such as CATL, they wield an enormous influence on the car industry.

Power List 100 - Supplier chiefs

Seetarama (Swamy) Kotagiri, CEO, Magna International

Swamy Kotagiri heads up one of the industry’s largest manufacturers, Magna, which builds vehicle bodies, powertrains, seating systems and more. Beyond components, it is also responsible for making high-ticket cars such as the Mercedes-Benz G-Class, BMW Z4 and Toyota Supra. Kotagiri has over 30 years of experience in the industry.

Yoonho Choi, CEO, Samsung SDI

Since becoming CEO of Samsung SDI in 2021, Yoonho Choi has established the firm as one of the most important battery makers. This year alone, it has announced crucial gigafactory joint ventures with General Motors and Stellantis. It’s also rumoured to be readying production of cylindrical cells in Hungary for BMW’s next-gen EVs.

Holger Klein, CEO, ZF Friedrichshafen

Holger Klein took the reins of the world’s third-largest automotive supplier last year, hailing changes introduced by newcomers such as Lucid, Nio and Tesla and the rate at which they have developed. ZF is now diversifying away from solely producing hardware, having inked a deal to supply Lotus with chassis-tuning software this year.

Sung Hwan Cho, CEO, Hyundai Mobis

Hyundai’s supply division aims to be a leader in autonomous driving tech, electrification and connected cars. It has unveiled several novel technologies in recent years, including ‘e-corner’ steering that allows an EV to drive sideways. Under its CEO, Mobis took $29bn in sales in 2022, making it the world’s sixth-largest automotive supplier.

Patrick Koller, CEO, Forvia

Patrick Koller ued his expertise in sustainable mobility, cockpit experiences and development in Asia to his advantage and successfully led the recovery and growth of Forvia when he joined in 2006. Now, the firm is fast accelerating plans to develop safe and sustainable mobility solutions for the future.

Stefan Hartung, CEO, Bosch

Seventeen years’ experience at Bosch helped lead Stefan Hartung to the top job at the start of 2022. Since then, he has combined a raft of experience with a passion for technology to move the brand from strength to strength. His challenge is to ensure Bosch can meet the challenges of its complex and dynamically changing world, particularly towards its goal of cutting 15% of its carbon emissions by 2030.

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Nikolai Setzer, CEO, Continental

Continental says it has the “utmost trust and confidence” in Nikolai Setzer in guiding its transformation to a technology and software company, given his “deep, long-standing bond” with the company’s values. His experience with the firm itself is extensive: Setzer joined its department for tyre development and engineering in 1997 before ascending to its various executive boards and assuming his current position in 2020.

Koji Arima, president, CEO, Denso Corporation

A lifetime employee, Koji Arima first joined the components maker in 1981. Since then, the firm has grown to encompass 38 countries across five continents and is expanding to non-automotive fields. Arima has been instrumental in ensuring the firm meets its target of cutting CO2 emissions across the supply chain by 25% by 2030.

Christophe Perillat, CEO, Valeo

Before his rise to Valeo CEO in January 2022, Christophe Perillat had worked in the aeronautics industry, supply chain operations and subsidiary management positions in France and the US. His challenge now is to use this experience and guide Valeo through its Move Up plan, with which it is targeting revenue of “around €27.5bn” by 2025.

Zeng (Robin) Yuqun, chairman, CATL

Arguable at the very forefront of making transportation sustainable, Robin Zeng is the founder of Contemporary Amperex Technology (CATL), the world’s biggest supplier of lithium ion cells, with 37% of the global market. He started the company only 12 years ago and it now earns yearly revenues of nearly £3.5bn.

Hak Cheol Shin, CEO, LG Chem

Korea’s largest chemical company is headed up by Hak Cheol Shin – a mechanical engineering graduate whose entire working life has been dedicated to the energy sector. After becoming CEO in January 2019, he led subsidiary LG Energy Solution, which was South Korea’s biggest-ever stock market flotation. It is now Europe’s largest lithium ion battery manufacturer and is valued at $92bn.

Yuki Kusumi, CEO, Panasonic Corporation

“We now face many remarkable social phenomena,” said Yuki Kusumi, “such as global warming, resource depletion and the prolongation of a healthy life expectancy.” To address these issues, his future plan for Panasonic Corporation involves two strategies: working to reduce its carbon emissions and accelerate tech innovations.

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How are the 100 names in Autocar's Power List chosen?

The Power List ranks the world's 100 most influential automotive heads, based on the following criteria: global reach and influence, spending power, share of voice, technological influence, future growth potential and market capitalisation. 

The top 10 are ranked and the remaining 90 names on the list are grouped into categories, including executives from more traditional car makers to the rising powerhouses from China and the latest technology and mobility companies. 

These names were chosen by the editors of Autocar Business, the B2B product from the publisher of Autocar, designed to bring industry readers even closer to the inner workings and key players of the global automotive industry.

The full list is now available to download here.

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