Charles G. “Chip” McClure
Charles G. “Chip” McClure serves as Managing Partner of Michigan Capital Advisors and has more than 35 years of experience in the transportation industry. Prior to founding Michigan Capital Advisors, McClure served as Chairman of the Board, CEO and president of Meritor, Inc. from 2004 through 2013.
From 2002 through 2004, McClure served as CEO, president and member of the Board of Federal Mogul Corp. McClure joined Federal Mogul in 2001 as president, COO and a member of the Board. Before joining Federal Mogul, McClure served as president, CEO and a member of the Board of Detroit Diesel. He joined Detroit Diesel in 1997 after 14 years in a variety of management positions with Johnson Controls, including vice president and managing director of the company’s European and South African operations during which time he was located in Dusseldorf, Germany. McClure later became president of the company’s Americas region.
He also previously held management positions at Hoover Universal and Ford as a heavy –duty truck sales engineer and field service engineer. From 1975 until 1979, McClure served as an officer on a U.S. Navy destroyer. McClure holds a bachelor’s degree in mechanical engineering from Cornell University and a Masters of Business Administration from the University of Michigan.
In 2007, McClure was named “Legend CEO” by Automation Alley—a business technology consortium in southeastern Michigan and in 2010, he was recognized as one of Northwood University’s six nationally known business leaders. In 2011, Crain’s Detroit Business ranked McClure as one of Detroit’s Most Powerful People and in 2015, as one of the Hundred Most Connected People in Southeastern Michigan.
McClure currently sits on the Boards of DTE Energy, Penske Corporation, 3D Systems and Crane Company. He is an Ex-Officio member of the Executive Committee of the Detroit Regional Chamber of Commerce and a past Chair of the Chamber. Additionally, McClure is a member of the Board of Trustees of Henry Ford Health Systems, Board of Directors of Invest Detroit and a member of Business Leaders for Michigan. He was previously a member of the Business Roundtable and National Association of Manufacturers.
Carsten J. Reinhardt
Operating Partner and Advisory Board Member
Carsten J. Reinhardt serves as Operating Partner and member of the Advisory Board of Michigan Capital Advisors. Reinhardt has more than 25 years of experience in automotive and commercial vehicle industries. Reinhardt works as Senior Advisor for RLE International, a German Engineering Services firm. From 2012 until 2016 Reinhardt served as CEO of Voith Turbo, a provider of specialized powertrain technologies. Prior to that, Reinhardt was COO of Meritor, Inc. from 2008 through 2011 and President of Meritor’s Commercial Vehicle Division from 2006 through 2008.
Before joining Meritor, Reinhardt served as CEO of Detroit Diesel Corporation from 2003 through 2006, and VP of Operations for Western Star Trucks from 2001 through 2003, following 8 years in a variety of technical management positions at Freightliner Trucks. Reinhardt started his career as a management trainee at Daimler AG in Stuttgart, Germany.
Reinhardt grew up in Germany before coming to the United States in 1994. He holds a bachelor’s degree in mechanical engineering from Esslingen Technical University in Germany and a master of science degree in automobile engineering from the University of Hertfordshire, UK.
Reinhardt currently serves on the board of Grundfos, SAF-Holland, Rosti Automotive, Rosti Group and WEZAG. He also is a member of the strategic advisory board of Braemer Energy Ventures.
Darrell Smith is a Vice President with Michigan Capital Advisors and has nearly 10 years of experience in middle-market private equity, investment banking, and operational consulting. Prior to joining Michigan Capital in 2017, Mr. Smith was a Manager with BCBS of Michigan Corporate Strategy team, where he identified and evaluated new market opportunities to grow the enterprise amidst the significant health care reform. Prior to BCBS of Michigan, Darrell worked at United Road Services, the second largest new vehicle transportation company in North American, providing financial and operational support to the President and COO. During his tenure with United Road, Darrell led the development of a dynamic pricing model and assisted in securing the single largest new customer account in the company’s history.
From 2011 to 2015, Darrell served as an Associate for Prairie Capital Advisors, a Chicago based financial advisory firm providing investment banking, ESOP advisory and valuation services to middle-market businesses. While at Prairie Capital, Smith completed 10 leveraged buyout transactions and performed approximately 25 annual valuations for the firm for clients in manufacturing, distribution and transportation & logistics.
Darrell began his career in Chicago as a Management Consultant for KPMG within their Business Effectiveness practice working with both publicly traded and middle market companies on strategic direction, finance, and operational improvement engagements. While at KPMG, Mr. Smith assisted the second largest North American grain trader with new market entry pertaining to current and new products in a few emerging markets, specifically the Asia Pacific region.
Mr. Smith holds a bachelor’s degree in Supply Chain Management and specialization in International Business from Michigan State University.
Debra Milostan is Michigan Capital Advisors’ Office Manager and has more than 30 years of experience supporting C-suite executives in transportation and private equity industries. Prior to joining Michigan Capital, Milostan served as Senior Executive Assistant to the Chairman, CEO & President of Meritor, Inc. from 2010 to 2016 and Executive Assistant to the COO from 2006 to 2010. In this role, Milostan provided support for all short- and long-term business activities including managing agendas and logistics for the senior management team, acting as a liaison between the CEO, his direct reports and other executives, and coordinating travel and visa arrangements. From 1998 to 2004, Milostan provided executive support for ArvinMeritor’s CFO and Treasurer, Senior Vice President of Communications and Vice President of Compensation and Benefits.
From 2004 to 2006, Milostan was an executive administrative assistant to the Managing Principals at Questor Management Company, a private equity firm that has managed $1.2 billion across two funds, from 2004 to 2006. Earlier in her career, Milostan served as Executive Secretary to the president of Fruehauf International Ltd.
Milostan has a bachelor’s degree in Business Administration from Northwood University, and has earned a Six Sigma Yellow Belt certification.