CarterBaldwin Executive Search announces the appointment of Patrick Hatfield as Chief Financial Officer for MotoRad, a Fortissimo Investment Funds portfolio company and global leader in engine and thermal management solutions for the automotive aftermarket.
Patrick brings more than a decade of progressive finance leadership in global industrial and manufacturing environments, with expertise in M&A, financial strategy, and operational execution. He began his career at Pexco as a business analyst and advanced through financial leadership roles during four private equity ownership transitions, culminating in the $1.8 billion strategic sale of Spectrum Plastics Group to DuPont (NYSE: DD) in 2023.
At Spectrum, Patrick served as Division Finance Director for the Fluids & Flexibles business, where he partnered with operations to deliver significant revenue and EBITDA growth during a period of inflationary pressure. Following DuPont’s acquisition, he was promoted to Vice President of Finance & Corporate Controller, overseeing 18 global manufacturing sites, post-merger integration, financial systems alignment, and SOX compliance.
Patrick holds an MBA in finance and management from the University of Illinois Chicago and a BS in finance from Coastal Carolina University.
About MotoRad
Originally established in Israel in 1958, MotoRad specializes in the design, manufacture, and supply of automotive engine management and thermal management products. The company is part of Fishman Thermo Technologies Group, a multinational group focused on automotive thermal management, and operates manufacturing and distribution facilities in North America, Europe, and Asia. MotoRad products are widely available through major auto parts retailers like AutoZone, O’Reilly Auto Parts, and NAPA, as well as online platforms like Amazon and RockAuto.
