Domenico Traverso

About

20+ years as a Managing Director, Board Member, and President, specialized in turnarounds, M&A, carve-outs, ESG, and post-merger integrations. Proven track record in scaling innovation and internationalization, with extensive expertise in China, India, and Brazil. Passionate about mentoring, philanthropy, and transformative change. Proud father of 3 and grandpa of 1!

Experience

• Danfoss Power Solutions (On-site)
  • President, Fluid Conveyance Division
    Jun 2024 - Present · 2 yrs 2 mos

    Full P&L responsibility for a €1.3bn+ revenue division with 26 manufacturing and distribution centers globally, and managing over 6,000 employees. The division is a leading producer of high-performance hoses and fittings for off-highway and on-highway vehicles, mining, and industrial equipment

  • President, Editron and Incubation Division
    Sep 2021 - May 2024 · 2 yrs 9 mos

    Holding multiple leadership roles within the Danfoss Power Solutions segment: President of Danfoss Editron, leading innovation in electric and hybrid powertrain systems; President of the Incubation Division, managing five emerging technology units; and responsible for Strategy and Business Development.

  • President, Work Function Division
    Jan 2015 - Aug 2021 · 6 yrs 8 mos

    President of a €500m+ revenue business, leading producer of hydraulic orbital motors, power steering systems, steer by wire solutions and gear pumps for mobile equipment. Global footprint, around 2,000 employees, operations in Europe, US, India, and China.

• Advisory Board Member (Beirat) at HNP Mikrosysteme GmbH
  Nov 2025 - Present · 9 mos

• Board Member & Chair, Compensation Committee (Danfoss Shareholder Rep) at Hydro-Gear
  Oct 2011 - Sep 2014 · 3 yrs

  Appointed by Danfoss as shareholder representative to the Board of Directors of Hydro-Gear, a global manufacturer of hydrostatic transmissions. Led the Compensation Committee, overseeing executive compensation, incentive structures, and alignment with shareholder expectations and long-term value creation

• GKN plc (9 yrs 10 mos)
  • Managing Director Axles Division at GKN OffHighway
    Jun 2006 - Mar 2010 · 3 yrs 10 mos

    Full P&L responsibility for a division producing axles for agriculture equipment, with operations in Italy, USA, Spain and China. About 300 employees and revenues around 50M€ (2008).

  • General Manager Axles Business Unit at GKN FAD S.p.A.
    Jan 2005 - May 2006 · 1 yr 5 mos

    Full P&L responsibility for a spin-off of GKN Wheels based in Italy, €22M sales and 120 employees (2006). Completed a financial turnaround and lean transformation in 12 months.

  • General Manager at Uni-Cardan Italia S.p.A.
    Jun 2000 - Dec 2004 · 4 yrs 7 mos

    Full P&L responsibility for a €6m revenue business with 30 employees manufacturing drive-shafts for industrial applications, OEMs and aftermarket. Optimized processes, introduced SAP and a strong quality system.

• Blickle Räder+Rollen GmbH u. Co. KG (Milan Area, Italy)
  • Sales Manager Italy at Blickle Italia S.r.l.
    Jan 1999 - May 2000 · 1 yr 5 mos

    In charge of the newly established Italian sales company supported by the consultant Redisco Srl. In charge of 2 staffs and 8 sales agents all over Italy

  • Area Manager Italy
    May 1995 - Dec 1998 · 3 yrs 8 mos

    Started the Blickle Group sales in Italy. Established a network of 18 regional distributors.