President and COO
Automotive Aftermarket Suppliers Association (AASA)
Paul McCarthy assumed the position of president and chief operating officer of Automotive Aftermarket Suppliers Association (AASA), the light vehicle aftermarket division of the Motor & Equipment Manufacturers Association (MEMA), in July 2019. As AASA’s top executive, he is focused on its mission – to advance the aftermarket industry and the business interests of its members – and its vision to support a high-growth, profitable, innovative and influential aftermarket supplier industry.
McCarthy comes up through AASA’s top leadership. He served nearly three years as second in command and executive vice president to AASA’s previous president and COO Bill Long, who in February 2019 was named president and chief executive officer of MEMA, the parent organization of AASA, Heavy Duty Manufacturers Association (HDMA), MERA - the Association for Sustainable Manufacturing and Original Equipment Suppliers Association (OESA). Paul also served as senior vice president, strategy, for MEMA. In this role, he reported to MEMA’s CEO and his responsibilities include leading strategic and business planning; formulating and executing strategic initiatives; board management; and leading MEMA’s industry analysis and thought leadership efforts.
Paul has 23 years of experience in the automotive industry. Prior to joining MEMA, Paul led the Automotive and Industrial Products Strategy Practice at PricewaterhouseCoopers (PwC). He consulted at dozens of automotive suppliers, eight of the top ten global automakers, and at private equity firms and financial institutions. He was PwC’s leading global automotive industry subject matter expert, and his analysis has been cited in The Financial Times, Wall Street Journal, Bloomberg, Reuters, Handelsblatt, Frankfurter Allgemeine, Les Echos, Automotive News and other publications.
Paul’s areas of expertise include team and business leadership, strategic and business planning, M&A strategy and strategic due diligence, market forecasting, market entry strategy, competitive assessment, product planning, location selection and technology projections.
His past leadership roles include heading PwC Germany’s Automotive Strategy advisory practice and leading global forecasting and analysis for a prominent vehicle forecast service, Autofacts.
Paul has an MBA from Duke’s University’s Fuqua School of Business, where he was awarded the Fuqua Scholar designation. He has a B.A. from the University of Delaware.