Jonathan Banas Biography and Net Worth

With 30 years of diverse, global experience in corporate finance and public accounting, Jonathan Banas serves as executive vice president and chief financial officer (CFO) for Cooper Standard. Based at the Company's world headquarters in Northville, Mich., he reports directly to Jeffrey Edwards, chairman and CEO. Banas is responsible for leading the Company's global accounting and finance activities, including reporting, financial planning and analysis, tax, treasury, internal audit, investor relations, and global finance business services. He also leads corporate strategy, M&A and real estate initiatives for Cooper Standard.

Prior to his appointment as CFO in June 2017, Banas served as Cooper Standard's vice president, corporate controller and chief accounting officer. In this position, he had responsibility for the Company's accounting function, including ensuring regulatory compliance, developing and implementing accounting policies, maintaining financial records and developing world-class financial best practices.

Before joining Cooper Standard in 2015, Banas spent 11 years at ZF TRW (formerly TRW Automotive Holdings Corp.) in Livonia, Mich., where he served in roles of increasing responsibility. Most recently, he was director, financial reporting. He previously held accounting and auditing positions at Hayes Lemmerz International, Inc. in Northville, Mich. and KPMG LLP in Detroit. Banas also served as president of a financial management and accounting services firm, 664 Consulting Group, PC, in Plymouth, Mich.

Banas earned a Bachelor of Business Administration degree in accounting at Wayne State University in Detroit and a Master of Business Administration degree, with distinction, in finance and accounting from the University of Michigan Stephen M. Ross School of Business in Ann Arbor. He is a certified public accountant (CPA) and a member of the American Institute of CPAs.