In this episode of Quick Takes from the Boardroom, Heather Wolf speaks with Paul Mascarenas, venture partner with Fontinalis Partners and board director at US Steel, Borg Warner, ON Semiconductor and Spartan Motors. They discuss how these major manufacturers are approaching the COVID-19 crisis and looking for opportunities in a sea of uncertainty.
Paul Mascarenas is an experienced automotive executive and board leader, currently serving on the board of United States Steel Corporation (NYSE: X), Borg Warner Inc (NYSE: BWA), ON Semiconductor (NASDAQ: ON) and Spartan Motors (NASDAQ: SPAR). He is a Venture Partner with a Detroit-based strategic investment firm, Fontinalis Partners, and advises a number of startup and early stage companies. Paul is the chairman of FISITA (UK) Ltd and served as president from 2014 to 2016. More recently, he served as the 2019 Chairman/President of SAE International.
From 1982 to 2014, Paul served in positions of increasing responsibility at Ford Motor Company, progressing to become a Corporate Vice President and Chief Technical Officer. Paul also chaired Ford's Technology Advisory Board and led the establishment of the Palo Alto Research and Innovation Center, which supports the company’s vision to provide uncompromised mobility for people around the world.
Paul has extensive experience in engineering, product development, management of large capital intensive projects, and business leadership, with assignments in the UK, Germany and the US. He has also served in a number of business, technology and academic advisory roles.
Paul holds a Mechanical Engineering degree from the University of London, King's College in England, and an Honorary Doctorate from Chongqing University in China. He is a Chartered Engineer, Fellow of the Institution of Mechanical Engineers and an SAE International Fellow. In December 2014, he was appointed an OBE (Officer of the Most Excellent Order of the British Empire) by Her Majesty, Queen Elizabeth II, in recognition of his services to the automotive industry.