(York, PA) Oliver Hoar, Owner of Oliver Hoar Investments, in York County, PA was recently named to the Board of Directors of the Manufacturers’ Association, a regional member based non-profit trade association providing business services and benefits to member-companies in manufacturing throughout central PA and northcentral MD.
Mr. Hoar served as the President and CEO of RH Sheppard from 2012 to 2017, a leading manufacturer of steering technologies for commercial vehicles for over 80 years, which is located in Hanover, PA employing over 900. Oliver facilitated the $145 million sale of Sheppard to WABCO to support its advancement to self-driving or “autonomous” commercial technologies. After leaving RH Sheppard he formed an investment group Hoar Investments and built a portfolio in the industrial sector in southcentral PA – helping to advance local manufacturing.
Oliver Hoar earned his B.A. from Washington & Lee University. Mr. Hoar worked at various companies in corporate finance, equity research, and asset management positions prior to joining R.H. Sheppard in 2002. In 2012, Oliver became the third President in R.H. Sheppard’s history.
Association Executive Director Tom Palisin commented, “the Association is fortunate to add Oliver to our Board of Directors with his years of experience in manufacturing, expertise in developing partnerships and his investment into the community and industry.”
Mr. Hoar is a CFA® charterholder and member of the CFA Institute. Oliver is also involved in the York County Industrial Development Authority and Union Township Planning Committees and has served on past Boards including the General Authority of Southcentral PA, York County Hospital Authority, York Traditions Bank Hanover Advisory Board, and Union Township Planning Commission.