Michael Simonte serves as the president of American Axle and Manufacturing (AAM) and has extensive operating leadership experience, which includes overseeing capital allocation, managing commercial negotiations, executing restructuring activities, and directing the company’s information technology function.
Simonte joined AAM in 1998 as director of corporate finance. In that role, he coordinated all the company’s financial accounting, planning, and reporting activities until he was appointed treasurer in 2002. He was named vice president and treasurer in 2004 and was appointed executive vice president and chief financial officer in 2011 and served until 2015, when he assumed his current role.
His experience while in these senior corporate positions includes external reporting, internal controls, global tax planning, financial strategy, budgeting, forecasting, capital structure oversight, cash management, and investor relations.
Before joining AAM, Simonte served as senior manager in the Detroit office of Ernst and Young LLP, where he specialized in providing auditing and accounting services for automotive clients and other publicly held companies.
Simonte earned his Bachelor of Business Administration from the University of Michigan and is a Certified Public Accountant.