Devin Hart, a seasoned executive with more than 20 years of experience in the automotive aftermarket, has joined The Marx Group as the firm’s new president and co-CEO.
In addition, Hart will become executive vice president of Marx Group Advisors, according to a press release.
Tom Marx, founder, president and CEO of The Marx Group since its inception, has been named co-CEO and chairman. He will continue as CEO of Marx Group Advisors.
“The addition of Devin to our team fulfills a conscious effort of mine to focus on client and company strategy and be more removed from the day-to-day operations of our two companies,” said Marx. “Devin is someone I have known for many years as a client. We have worked closely together on numerous projects and, as such, he is someone I have the utmost trust in to lead the company and deliver the positive results we seek.”
Most recently, Hart served as president and general manager of CADNA Rubber Co., owned by Continental AG/ContiTech. Hart led the sale of CADNA, an aftermarket supplier for replacement belts, hoses and hose accessories, and metal components, to Continental in 2014, the release noted.
In addition, he served in various key management roles for more than 14 years with Federal-Mogul Corp.
“I have a strong appreciation for Tom and the talented team of individuals he’s put together at The Marx Group. They are respected as a premier marketing communications agency within the auto care industry,” said Hart. “I look forward to the challenge and opportunity to continue and accelerate the company’s growth path that Tom and his team have established.”