NN, Inc. Appoints Tim Erro as New Chief Commercial Officer, Expands New Business Program
NN Inc (NASDAQ: NNBR) has appointed Timothy Erro as its new Vice President and Chief Commercial Officer to lead the company's global commercial team. The appointment comes as NN expands its new business program, which has already generated $160 million in new business wins since 2023. The company maintains a robust pipeline exceeding $700 million across all products and growth areas.
Erro brings over 30 years of experience in electrical and electronic products across various industries. His previous role at Commercial Vehicle Group demonstrated significant success, averaging $50 million per year in new business wins of electrical products - more than triple the historical performance of NN's Power Solutions division. The company aims to accelerate growth particularly in electrical and medical products markets.
NN Inc (NASDAQ: NNBR) ha nominato Timothy Erro come nuovo Vicepresidente e Chief Commercial Officer per guidare il team commerciale globale dell'azienda. Questa nomina arriva mentre NN espande il suo programma di nuovi affari, che ha già generato 160 milioni di dollari in nuovi contratti dal 2023. L'azienda mantiene un solido portafoglio ordini che supera i 700 milioni di dollari in tutti i prodotti e settori in crescita.
Erro porta con sé oltre 30 anni di esperienza nei prodotti elettrici ed elettronici in diversi settori. Nel suo precedente ruolo presso Commercial Vehicle Group ha ottenuto risultati significativi, con una media di 50 milioni di dollari all'anno in nuovi contratti di prodotti elettrici, più del triplo delle performance storiche della divisione Power Solutions di NN. L'azienda punta ad accelerare la crescita soprattutto nei mercati dei prodotti elettrici e medicali.
NN Inc (NASDAQ: NNBR) ha nombrado a Timothy Erro como su nuevo Vicepresidente y Director Comercial para liderar el equipo comercial global de la compañía. Este nombramiento se produce mientras NN amplía su programa de nuevos negocios, que ya ha generado 160 millones de dólares en nuevos contratos desde 2023. La empresa mantiene una sólida cartera que supera los 700 millones de dólares en todos los productos y áreas de crecimiento.
Erro aporta más de 30 años de experiencia en productos eléctricos y electrónicos en diversas industrias. En su anterior cargo en Commercial Vehicle Group, logró un éxito significativo, con un promedio de 50 millones de dólares anuales en nuevos contratos de productos eléctricos, más del triple del desempeño histórico de la división Power Solutions de NN. La compañía busca acelerar el crecimiento especialmente en los mercados de productos eléctricos y médicos.
NN Inc (NASDAQ: NNBR)는 회사의 글로벌 상업 팀을 이끌 새로운 부사장 겸 최고 상업 책임자로 티모시 에로를 임명했습니다. 이 임명은 NN이 2023년 이후 이미 1억 6천만 달러의 신규 사업 수주를 창출한 신규 사업 프로그램을 확장하는 가운데 이루어졌습니다. 회사는 모든 제품과 성장 분야에서 7억 달러가 넘는 탄탄한 파이프라인을 유지하고 있습니다.
에로는 다양한 산업에서 전기 및 전자 제품 분야에서 30년 이상의 경험을 보유하고 있습니다. 이전에 Commercial Vehicle Group에서 근무하며 연평균 5천만 달러의 신규 사업 수주를 기록해 NN의 Power Solutions 부서의 과거 실적보다 세 배 이상 높은 성과를 보였습니다. 회사는 특히 전기 및 의료 제품 시장에서 성장을 가속화하는 것을 목표로 하고 있습니다.
NN Inc (NASDAQ: NNBR) a nommé Timothy Erro comme nouveau Vice-Président et Directeur Commercial pour diriger l'équipe commerciale mondiale de l'entreprise. Cette nomination intervient alors que NN étend son programme de nouveaux contrats, qui a déjà généré 160 millions de dollars de nouveaux contrats depuis 2023. L'entreprise dispose d'un solide portefeuille dépassant 700 millions de dollars dans tous les produits et secteurs en croissance.
Erro apporte plus de 30 ans d'expérience dans les produits électriques et électroniques à travers diverses industries. Dans son précédent poste chez Commercial Vehicle Group, il a connu un succès notable, avec une moyenne de 50 millions de dollars par an en nouveaux contrats de produits électriques, soit plus du triple des performances historiques de la division Power Solutions de NN. L'entreprise vise à accélérer sa croissance, notamment sur les marchés des produits électriques et médicaux.
NN Inc (NASDAQ: NNBR) hat Timothy Erro als neuen Vizepräsidenten und Chief Commercial Officer ernannt, der das globale Vertriebsteam des Unternehmens leiten wird. Die Ernennung erfolgt, während NN sein neues Geschäftsentwicklungsprogramm erweitert, das seit 2023 bereits 160 Millionen US-Dollar an neuen Aufträgen generiert hat. Das Unternehmen verfügt über eine starke Pipeline von über 700 Millionen US-Dollar in allen Produkt- und Wachstumsbereichen.
Erro bringt über 30 Jahre Erfahrung im Bereich elektrischer und elektronischer Produkte in verschiedenen Branchen mit. In seiner vorherigen Position bei Commercial Vehicle Group erzielte er bedeutende Erfolge mit durchschnittlich 50 Millionen US-Dollar neuen Aufträgen pro Jahr im Bereich elektrischer Produkte – mehr als das Dreifache der bisherigen Leistung der Power Solutions Division von NN. Das Unternehmen will insbesondere in den Märkten für elektrische und medizinische Produkte das Wachstum beschleunigen.
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CHARLOTTE, N.C., July 22, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced Timothy Erro has joined as its new Vice President and Chief Commercial Officer. In this position, Mr. Erro will lead NN's global commercial team and report directly to Harold Bevis, President and CEO.
NN has a successful new business program and as a function of this early success, the Company is announcing a commitment to expand this program with this announced leadership change. NN has shown strong initial results in the last two years.
- Approximately
$160 million of new business wins since launching the initiative in 2023, with success primarily in the Company’s traditional markets and emerging success in electrical and medical end markets. - NN’s new business pipeline remains robust at more than
$700 million across all products and targeted growth areas.
NN is revising and increasing its overall new business objectives:
- Increasing its targets and the pace for achieving new wins, specifically in electrical and medical markets;
- Setting higher annual award goals; and
- Strategically expanding product offerings and solutions.
Tim Erro has led a highly successful global team and program, and has overseen a significant amount of business growth and new wins, including:
- Leading a global team effort that has averaged more than
$50 million per year in new business wins of electrical products, more than three times the historical annual new business wins generated by NN’s Power Solutions division; and - Entering eight new markets, through which his teams have added many new customers in pursuit of electrical products and systems that fit his prior company’s operating assets and know-how.
Harold Bevis, President and Chief Executive Officer of NN commented, "Tim brings an outstanding track record with him and is currently leading one of the most successful new wins programs in the electrical industry globally. He is an expert at entering new markets and expanding market share in existing markets. He has a great blend of technical and commercial expertise, operations know-how, and executive leadership experience, all of which align with our commercial strategy and will help take NN’s growth program to the next level. He and I have worked together in the past, where he led a tremendously successful global program focused on electrical and electronic products at a much larger scale than our current program. His track record of developing and leading high-performing sales organizations will help us achieve our goals faster.”
Erro has more than 30 years of experience with electrical and electronic products across a wide variety of end markets and global geographies, including:
- On-road commercial vehicles;
- Vocational vehicles – buses, transit, refuse;
- Aerospace and defense platforms;
- Automotive passenger vehicles and trucks;
- Last mile delivery vehicles;
- Recreational vehicles – golf carts, ATVs, motorcycles;
- Off-road construction and agricultural equipment;
- Gas, diesel and hydrogen engines;
- Chassis and battery platforms;
- High and low voltage systems;
- Wide variety of connector systems; and
- Windshield wiper systems.
Mr. Bevis concluded, “From our past experience together, I can attest that Tim will increase our focus, pace, hit rates, and the accountability of our global commercial team along our chosen paths. He will strengthen our team and immediately bring in new talent. As part of our enhanced commercial efforts, we especially want to grow at a more accelerated pace in electrical products and medical products.”
Tim Erro commented, “I am excited to join NN's leadership team and am eager to put my background and industry experience to work in strengthening NN's commercial results and our global team. Our engineering and production capabilities are unique and highly valued in the market, and I look forward to working with the talented team at NN to set even higher goals and achieve them with consistency. This is going to be an exciting next phase for NN, and I plan to bring in additional experienced veterans to lead the way with our customers.”
Mr. Erro brings an extensive commercial and operations background with him. Prior to joining NN, he served as VP of Global Sales and New Business Development for Commercial Vehicle Group, Inc., and has had a focused set of sales and operations roles at Aptiv (formerly Delphi Automotive), Leoni Wiring Systems, General Motors, and United Technologies Automotive. A highlight of his engineering tenure includes leading the design and execution of fully functional concept vehicles for major global auto shows, showcasing advanced technology trends and innovations. Mr. Erro also proudly served 12 years in the US Navy reserves. He holds a Bachelor of Science in Mechanical Engineering from Youngstown State University.
About NN, Inc.
NN, Inc., a global diversified industrial company, combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Charlotte, North Carolina, NN has facilities in North America, Europe, South America, and Asia. For more information about the company and its products, please visit www.nninc.com.
Investor Relations:
Joe Caminiti or Stephen Poe, Investors
NNBR@alpha-ir.com
312-445-2870
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