Lawrence I. Sills has a solid background in business administration and management, having guided Standard Motor Products (SMP) as CEO from 2000 to 2016. With over 50 years in the automotive industry, he navigated the company’s growth during his tenure....
Lawrence I. Sills has a solid background in business administration and management, having guided Standard Motor Products (SMP) as CEO from 2000 to 2016. With over 50 years in the automotive industry, he navigated the company’s growth during his tenure. Sills is a familiar face in the industry, stepping down in early 2021 but remaining as Chairman of the Board. Notably, he played a critical role in enhancing the company’s operations and performance metrics, which were linked to executive compensation based on individual and company goals. Under his leadership, Sills faced the ups and downs common in this sector, yet he was involved in key strategic decisions that shaped the company’s long-term trajectory. One of his significant actions included overseeing stock option grants to align with shareholder interests, highlighting a belief in shared success. His family history with SMP adds a personal touch; he represents three generations of the Sills family in the company, which was founded in 1919.