Tim Costello
CEO & Board Chairman
Correlated Magnetics Research, Inc.
Tim Costello has been a pioneer his entire career. As the Technology Planning Manager for Advanced Vehicle Engineering at General Motors, Tim oversaw the launch of the first modern electric vehicle, the EV1.
As VP of Global Operations at Applied Materials (the world’s largest manufacturer of semiconductor equipment), he drove the transformation of the semiconductor industry’s manufacturing systems from a craft system to a lean, flow production system. This transformation enabled the acceleration of the digital world we exist in today. Tim then founded the homebuilding industry’s technology consortium, BHI. For 22 years, Tim led BHI and the homebuilding industry’s digital transformation. Since leaving BHI in 2022, Tim has taken on the role of CEO and Board Chairman at Correlated Magnetics Research (Polymagnet) and actively serves on multiple technology company boards, in addition to consulting and speaking on industry trends and digital transformation.
Tim was inducted into the Shingo Prize Hall of Fame for his work in lean process transformation and is a sought-after speaker and technology consultant who challenges traditional thinking and the status quo.