Dayco Executive and Leadership Team

May, 2026

Leadership Overview

Dayco has 6 executives leading key functions including finance, human resources, legal, and aftermarket operations.

Driven by innovation, Dayco is a research, design, and manufacturing leader providing essential engine products, drive systems, and services for automotive, construction, agriculture, and industrial sectors, impacting global markets with its robust solutions.

Leadership Roles at Dayco

  • Chief Financial Officer - Michael Widgren
  • Chief Financial Officer (India) - Ajay Taxak
  • Chief Financial Officer (Argentina) - Hernán Pereyra
  • Division President, American Aftermarket & Australian Operations (North) - Dennis Welvaert
  • Chief Human Resources Officer - R.J. Corning
  • Chief Legal Officer - Steven Keller
  • Michael Widgren - Chief Financial Officer

    Michael Widgren, the Chief Financial Officer at Dayco, directs the company's overall financial strategy and operations. This leadership role involves managing all fiscal activities, including financial planning, risk management, and reporting, ensuring robust financial health across the organization. Widgren oversees the accounting, treasury, and financial analysis departments, driving fiscal discipline and optimizing resource allocation to support Dayco's growth objectives. By maintaining strong relationships with financial institutions and investors, Michael Widgren secures capital and guides investment strategies that align with the company's long-term vision. The Chief Financial Officer's oversight extends to ensuring compliance with all financial regulations and driving efficiency in financial processes. This critical function supports Dayco's mission to deliver essential engine products and drive systems to diverse industries worldwide.

    Ajay Taxak - Chief Financial Officer (India)

    Ajay Taxak, the Chief Financial Officer (India) at Dayco, spearheads financial management and strategic planning specifically for the Indian market. This role encompasses overseeing all financial operations within India, including budgeting, forecasting, and financial reporting, ensuring alignment with both local regulations and global financial standards. Taxak manages the financial health of Dayco's Indian operations, driving profitability and sustainable growth through astute financial oversight. The Chief Financial Officer (India) collaborates closely with regional leadership to identify market opportunities and mitigate financial risks, thereby strengthening Dayco's presence in this key territory. Ajay Taxak's expertise is vital in navigating the complexities of the Indian economic landscape, supporting the company's distribution of essential engine products and drive systems. This position ensures financial integrity and operational efficiency across Dayco's extensive network in India.

    Hernán Pereyra - Chief Financial Officer (Argentina)

    Hernán Pereyra, the Chief Financial Officer (Argentina) at Dayco, manages the financial operations and strategic financial planning for the company's activities in Argentina. This role involves overseeing all fiscal aspects, including budgeting, financial analysis, and compliance with local financial regulations, ensuring the economic stability of Dayco's operations in the region. Pereyra directs the financial team to support the manufacturing and distribution of essential engine products and drive systems within the Argentine market. The Chief Financial Officer (Argentina) works to optimize financial performance and identify growth opportunities, contributing to Dayco's overall market presence. Hernán Pereyra's financial acumen is crucial for navigating the economic landscape of Argentina, reinforcing Dayco's commitment to serving the construction, agriculture, and industrial sectors. This position ensures sound financial management and strategic resource allocation.

    Dennis Welvaert - Division President, American Aftermarket & Australian Operations (North)

    Dennis Welvaert, the Division President, American Aftermarket & Australian Operations (North) at Dayco, leads significant operational divisions, driving strategy and performance across North America and Australia. This executive role encompasses overseeing the business development, sales, and operational execution for Dayco's aftermarket products and services in these key regions. Welvaert directs teams responsible for expanding market share and enhancing customer relationships within the automotive and industrial sectors. The Division President, American Aftermarket & Australian Operations (North) ensures that Dayco's essential engine products and drive systems meet the specific demands of these markets. Dennis Welvaert's leadership focuses on optimizing supply chain efficiency and driving revenue growth, reinforcing Dayco's global presence and commitment to its customers. This position is critical for Dayco's success in its core operational territories.

    R.J. Corning - Chief Human Resources Officer

    R.J. Corning, the Chief Human Resources Officer at Dayco, architects the company's global human capital strategy and oversees all HR functions. This leadership position involves developing and implementing policies related to talent acquisition, employee development, compensation, and benefits, fostering a high-performance culture. Corning directs the HR team in supporting Dayco's diverse workforce across various industries, ensuring employee engagement and retention. The Chief Human Resources Officer plays a pivotal role in aligning HR initiatives with the company's strategic objectives, particularly in supporting the research, design, and manufacturing of essential engine products and drive systems. R.J. Corning's focus includes cultivating a positive work environment that drives innovation and operational excellence. This executive ensures that Dayco attracts and retains top talent necessary for its continued success in the automotive and industrial sectors.
    Steven Keller, the Chief Legal Officer at Dayco, directs the company's comprehensive legal affairs and compliance strategy. This executive role involves overseeing all legal matters, including corporate governance, litigation, intellectual property, and regulatory compliance, safeguarding Dayco's interests globally. Keller manages the legal department, providing critical counsel on business transactions and risk mitigation to support the company's research, design, and manufacturing operations. The Chief Legal Officer ensures that Dayco adheres to all applicable laws and regulations across its diverse markets, protecting the company's reputation and assets. Steven Keller's expertise is fundamental in navigating the complex legal frameworks associated with the automotive, construction, agriculture, and industrial industries. This leadership function is essential for maintaining Dayco's operational integrity and strategic direction.
    Steven Keller

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    Frequently Asked Questions Regarding Dayco Top Executives and Leadership Team

    Who leads Dayco?
    Dayco is led by Michael Widgren (Chief Financial Officer), along with executives such as Ajay Taxak (Chief Financial Officer (India)) and Hernán Pereyra (Chief Financial Officer (Argentina)).
    Who is part of Dayco’s executive team?
    The executive team of Dayco includes leaders such as Michael Widgren (Chief Financial Officer), Ajay Taxak (Chief Financial Officer (India)), Hernán Pereyra (Chief Financial Officer (Argentina)) and other senior executives.
    How many executives does Dayco have?
    Dayco has 6 executives leading key business areas.
    What roles are included in Dayco’s leadership team?
    The leadership team of Dayco includes roles such as Chief Financial Officer, Chief Financial Officer (India), Chief Financial Officer (Argentina), Division President, American Aftermarket & Australian Operations (North), Chief Human Resources Officer.