Martin E. Welch III
Martin (Marty) E. Welch III is a member of the Board of Directors at Allegion.
Marty previously served on the Board of Directors at Global Brass and Copper Holdings, Inc. and is a member of the Board of Trustees of the University of Detroit Mercy. He also previously served on the Board of Directors at Delphi Corporation.
Most recently, Marty was executive vice president and chief financial officer (CFO) of Visteon Corporation, a global automotive parts supplier, from 2011 to 2012. Before joining Visteon, he was executive vice president and CFO of United Rentals, Inc., an equipment rental company, from 2005 to 2009. Marty’s role as CFO for numerous global manufacturing corporations has afforded him extensive senior leadership and financial experience.
Previously, Marty was a director and business advisor at York Management Services, Inc., a private equity firm, where he served on the Board of York’s apparel retail portfolio company, Northern Reflections Ltd., from 2002 to 2008 and gained key insights around long-term capital allocation strategy.
Before that, Marty was executive vice president and CFO at Oxford Automotive and Kmart. He was also a senior vice president and CFO at Federal-Mogul Corporation.
Earlier in his career, Marty worked for Chrysler Corporation in a variety of financial leadership positions. He began his career as an accountant at Ernst & Young.
Marty received a bachelor’s degree in Accounting and a master’s degree in Business Administration from the University of Detroit.
The Board has determined that Marty meets the qualifications of an “audit committee financial expert” under the applicable U.S. Securities and Exchange Commission (SEC) rules and regulations.