Chip McClure

Charles G. "Chip" McClure

Managing Partner



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.