BIRMINGHAM, Ala. — Motion Industries Inc. announced that Jim May was promoted to director of corporate development, effective April 1.
May joined Motion in August 2020 as director of strategic planning and development to advance the company’s corporate strategic planning, provide economic, industry and competitor analyses, and support deal-side acquisition execution and integration processes. In his new role, he will continue his involvement in Motion’s strategic planning but will take on direct responsibility for advancing the company’s acquisition strategy and processes. May will continue to report directly to Greg Cook, Motion executive vice president and chief financial officer.
“Since joining Motion last August, Jim has quickly displayed his financial, strategic, acquisition, and relational acumen,” said Cook. “In his new, expanded role, Jim will now have front-line responsibility for building relationships with potential acquisition targets, and will be the outward-facing point person for our acquisition pipeline. His wide-ranging strategy, corporate development, and financial experience within the industrial and manufacturing sectors, as well as his highly relational approach, uniquely position him to lead Motion’s corporate development efforts and to help achieve our company vision.”
Before joining Motion last year, May built 20 years of corporate development experience, including positions with Diebold Nixdorf and most recently Chart Industries, where he led global strategic planning and merger and acquisition (M&A) functions. He holds a Bachelor of Science degree in Finance from the University of Akron.