Marshall S. Cogan is Senior Strategic Advisor for Ener1 Group. Mr. Cogan's stellar career on Wall Street has included creating great wealth for investors while leading several global corporations and financial institutions. His depth of experience is beneficial to all Ener1 Group portfolio companies.
Among his accomplishments in the automotive industry - a market being pursued by Ener1 Group investment battery company EnerDel - Mr. Cogan founded Foamex International in 1984 and built its foam operations in the automotive industry to a 65 percent penetration in North America for a period of ten years. Today Foamex continues to be the dominant supplier of urethane foam to the industry. He acquired control of Sheller Globe at that time the world's largest manufacturer of steering wheels and related automotive components with revenue of $800 million. He sold control for 15 times his holding company's original investment to United Technology in less than two years in partnership with Shearson-Lehman American Express. In 1992 with the support of Harvard Private Equity Apollo Management and JP Morgan Private Capital he founded and was the pioneer in the Consolidation of the auto retail business United Auto Group (UAG). With an original total investment of $87.5 million the company went public through JP Morgan in 1996 and ultimately sold in 1999 to Roger Penske. The current market value of UAG is $2 billion.
Mr. Cogan is a former partner of Cogan Berlind Weill & Levitt rising to the position of Partner in Charge of Investment Banking and Institutional Research. He guided the firm in an acquisition of Hayden Stone Inc where he was named Vice Chairman. This was the predecessor firm to Shearson-Lehman American Express. From 1974 - 1999 Mr. Cogan was Chairman and CEO of a private investment company called Trace International Holdings Inc. He has served as either Chairman and/or CEO of numerous public and private companies including Knoll International General Felt Industries Foamex United Auto Group and most recently Greystone Logistics.
He serves as a Director of the Friends of Israel Museum Trustee of the Boston Latin School the oldest public school in America and Trustee of New York University Hospital. He also served on the Board of the Museum of Modern Art for 20 years and was Chairman of Architecture and Design for 10 years.
He graduated from Harvard College and also received his MBA from Harvard University School of Business. |