MAT Holdings Executive and Leadership Team

November, 2026

Leadership Overview

MAT Holdings has 4 executives leading key functions including information technology, corporate finance, international financial operations, and executive management.

Driven by a commitment to manufacturing excellence, MAT Holdings delivers high-quality automotive, industrial, and consumer products while maintaining a robust global supply chain and operational footprint.

Leadership Roles at MAT Holdings

  • Chief Financial Officer - Joseph Maliekel
  • Chief Financial Officer, Mfi (India) - Umesh Agarwal
  • President - Herbert Ruhl
  • Chief Information Officer - Kevin Balster
  • Joseph Maliekel - Chief Financial Officer

    Joseph Maliekel, the Chief Financial Officer at MAT Holdings, manages the fiscal health and capital allocation strategies for the entire organization. Overseeing global financial reporting, the Chief Financial Officer ensures compliance with international standards while driving profitability across automotive and industrial business units. This leadership role involves analyzing market trends to guide investment decisions and resource distribution. By optimizing cash flow management, Maliekel supports the expansion of manufacturing capabilities and product development cycles. The Chief Financial Officer works closely with the Board to maintain financial transparency and long-term stability. Joseph Maliekel monitors economic indicators to mitigate risks associated with raw material procurement and global logistics. Through rigorous budget oversight and strategic financial planning, Maliekel secures the necessary capital to fund growth initiatives, ensuring that the company maintains a strong balance sheet while delivering consistent value to stakeholders across all operational sectors.
    Joseph Maliekel

    Umesh Agarwal - Chief Financial Officer, Mfi (India)

    Umesh Agarwal, the Chief Financial Officer, Mfi (India) at MAT Holdings, directs the financial operations and regional fiscal strategy for the Indian market. Overseeing local accounting practices, the Chief Financial Officer, Mfi (India) ensures alignment with corporate financial policies while managing regional tax compliance and regulatory requirements. This leadership role involves coordinating with the global finance team to streamline reporting processes and enhance operational efficiency within the Indian manufacturing facilities. By managing local capital expenditures, Agarwal supports the production of automotive components and industrial goods tailored for regional demand. The Chief Financial Officer, Mfi (India) monitors local economic conditions to optimize cost structures and improve profit margins. Umesh Agarwal facilitates communication between regional teams and the corporate office to ensure consistent financial performance. Through disciplined fiscal management, Agarwal strengthens the market position of the company within the competitive landscape of the Indian industrial sector.

    Herbert Ruhl - President

    Herbert Ruhl, the President at MAT Holdings, executes the overarching corporate strategy and manages the daily operations of the automotive, industrial, and consumer divisions. Overseeing the execution of long-term business goals, the President ensures that all departments maintain high standards of manufacturing quality and operational excellence. This leadership role involves coordinating with other C-suite executives to drive growth and expand the market reach of the company. By fostering a culture of continuous improvement, Ruhl optimizes production workflows and supply chain logistics. The President represents the organization in high-level industry partnerships and manages relationships with key stakeholders. Herbert Ruhl evaluates new business opportunities to diversify the product portfolio and enhance competitive advantage. Through decisive leadership and a focus on operational efficiency, Ruhl guides the company toward sustainable success, ensuring that all business units remain aligned with the core mission of delivering superior products to global markets.

    Kevin Balster - Chief Information Officer

    Kevin Balster, the Chief Information Officer at MAT Holdings, directs the digital infrastructure and technological strategy across all manufacturing divisions. Overseeing the integration of advanced data systems, the Chief Information Officer ensures seamless connectivity between the Long Grove headquarters and global production facilities. This leadership role involves architecting secure cloud environments to support the automotive and industrial product lines. By modernizing enterprise resource planning tools, Balster optimizes operational efficiency and data accuracy throughout the supply chain. The Chief Information Officer collaborates with executive leadership to align digital initiatives with long-term growth objectives. Kevin Balster maintains a focus on cybersecurity protocols to protect proprietary manufacturing processes. Through the implementation of scalable software solutions, Balster drives innovation in the consumer sector, ensuring that the company remains competitive in a rapidly evolving global market while maintaining high standards for technical reliability and system performance.
    Kevin Balster

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    Frequently Asked Questions Regarding MAT Holdings Top Executives and Leadership Team

    Who leads MAT Holdings?
    MAT Holdings is led by Joseph Maliekel (Chief Financial Officer), along with executives such as Umesh Agarwal (Chief Financial Officer, Mfi (India)) and Herbert Ruhl (President).
    Who is part of MAT Holdings’s executive team?
    The executive team of MAT Holdings includes leaders such as Joseph Maliekel (Chief Financial Officer), Umesh Agarwal (Chief Financial Officer, Mfi (India)), Herbert Ruhl (President) and other senior executives.
    How many executives does MAT Holdings have?
    MAT Holdings has 4 executives leading key business areas.
    What roles are included in MAT Holdings’s leadership team?
    The leadership team of MAT Holdings includes roles such as Chief Financial Officer, Chief Financial Officer, Mfi (India), President, Chief Information Officer.