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Dinesh Paliwal

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Dinesh Paliwal
File:DPaliwal Sep009.JPG
Born
Dinesh C. Paliwal

(1957-12-17) 17 December 1957 (age 68)
CitizenshipUnited States
Alma materIIT Roorkee
Miami University
Known forPresident and CEO of Harman International
SpouseIla Paliwal
ChildrenAasheesh Paliwal, Shriya Paliwal

Dinesh C. Paliwal (born December 17, 1957) is a business executive of Indian American heritage. He currently holds the position of Partner at Kohlberg Kravis Roberts (KKR) and acts as Executive Chairman of Marelli. From 2007 until 2020, he served as Chairman and Chief Executive Officer (CEO) of Harman International, a company specializing in audio and infotainment solutions for automotive, consumer, and professional sectors.

At present, Paliwal sits on the boards of Nestlé, a Fortune Global 100 leader in food and beverages, and Raytheon Technologies (NYSE:RTX). Additionally, he is a trustee at Miami University in Ohio.

His previous board memberships include Harman International, ABB, ADT, Bristol Myers, TYCO International, and Embarq Corporation. Between 2003 and 2020, he was part of the CEO Business Roundtable. Paliwal has also chaired the National Foreign Trade Council, ABB India Ltd., and Lummus Global—an oil and gas technology firm—and served as director for the US China Business Council, US India Business Council, and the International Swimming Hall of Fame. Furthermore, he acted as an Economic Advisor to the Governor of Guangdong Province in China for three years.

Education and career

Born, raised, and educated in India, Paliwal is now a US citizen who has lived and worked across multiple countries including Australia, China, India, Singapore, Switzerland, and the United States.Template:Fix/category[citation needed] He holds a Master of Science degree in Engineering from the Indian Institute of Technology (Roorkee, India), along with an MS in Applied Science and Engineering and an MBA in Finance from Miami University (Oxford, Ohio). In recognition of his ongoing contributions to advancing leadership in business, technology, innovation, and entrepreneurship at Miami University, he was awarded an honorary Doctor of Laws degree by its board of trustees in 2019.[1] Prior to joining Harman, he was President Global Markets and Technology at the ABB Group.[2] Over his 22-year tenure with ABB, Paliwal held leadership roles across five countries[3] and played a key role in the company’s turnaround between 2002 and 2007.[4]

In 2010, Ernst & Young honored Paliwal as Metro New York Entrepreneur of the Year,[5] while the Global Organization of People of Indian Origin (GOPIO) presented him with the Indian American Achiever Award.[6] The Asian American Business Development Center recognized him with the Pinnacle Award as one of the Outstanding 50 Asian Americans in Business in 2012. Fortune Magazine included him among its "Businessperson of the Year" honorees in 2014.[7] In subsequent years, he received accolades from the T. J. Martell Foundation in 2015,[8] Breakthrough—a global nonprofit organization—for his efforts promoting women's causes in 2016,[9] inclusion in Recode’s inaugural Recode 100 list recognizing top influencers in technology, business, and media in 2017; as well as B'nai B'rith International’s Distinguished Achievement Award that same year. Also in 2017, he was honored with the Ellis Island Medal of Honor[10] and contributed financially with his wife to Miami University's Farmer School of Business to establish both the Dinesh and Ila Paliwal Innovation Chair and Scholarship.[11]

In November 2016, Samsung announced plans to acquire HARMAN for around $8 billion,[12] with Paliwal continuing as head of the company after completion of the deal in March 2017.[13]

After nearly fourteen years leading Harman as president and CEO, Paliwal stepped down on April 1, 2020. He remained a senior advisor to both the board and successor CEO Michael Mauser until December that year.[14] Whether his departure was voluntary or compelled remains uncertain.[15]

Early life

Dinesh Paliwal entered the world on December 17, 1957, in Agra, India, as one of seven siblings. He is married to Ila Sharma.

References

  1. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  2. ↑ "Dinesh Paliwal to leave ABB"
  3. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  4. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  5. ↑ "Ernst and Young Entrepreneur of the Year Awards Announced" Forbes.com - June 2010Template:Fix/category[dead link]
  6. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  7. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  8. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  9. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  10. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  11. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  12. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  13. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  14. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  15. ↑ stereo.de 19 Februar 2020, Chefwechsel bei Harman (German), retrieved 10 Oktober 2020.

External links

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