Brake Parts’ Cutting Named CFO of the Year

Phil Cutting, chief financial officer (CFO) for Brake Parts Inc (BPI), has been named CFO of the Year for large private equity companies by the Financial Executives International Chicago Chapter.

“We congratulate Phil on being named CFO of the Year for large private equity companies and we extend our gratitude to the Financial Executives International Chicago Chapter for recognizing Phil’s many esteemed accomplishments,” said David Overbeeke, president and CEO of BPI. “He is an integral part of BPI’s leadership team and a major contributor to our success. This award is truly an honor for Phil as he was chosen from a group of very qualified nominees.”

As CFO of BPI, Cutting is responsible for all financial activities of the business together with the pricing groups. He has over 30 years of financial experience with 25 years in a global industrial manufacturing environment. He has spent the past seven years in the automotive aftermarket, initially serving as vice president finance for the Brake and Chassis group of Affinia.

Cutting earned his degree in economics from the London School of Economics before joining KPMG in their Preston office in the United Kingdom. His first job was with Cooper Industries in Liverpool, which lead to him moving to their corporate office in Houston, Texas in 1994. After 10 years with Cooper Industries, he moved to Indianapolis, Indiana to join Thomson Consumer Electronics as the North America controller for their residential phone business. He next moved to the Chicagoland area and served as vice president of finance for Videojet, which is part of the Danaher Corporation. Before joining BPI, Cutting spent four years with ITT as head of finance for their residential and commercial water business.

Discount Tire & Service Centers has a new sponsorship deal with the Los Angeles Angels for the 2024 season. Discount Tire said this partnership will not only benefit its customers with season-long promotions and giveaways but will also support local non-profits.

"We're thrilled to launch this strategic partnership with the Los Angeles Angels," said Sergio Andonian, president, Discount Tire & Service Centers. "As neighbors, from Anaheim, we are dedicated to serving our local communities and providing quality tire & automotive service at the most competitive prices. Together, we look forward to making a positive and lasting impact in the communities. Add baseball to the mix, and with this winning combination, the possibilities are endless."