2013-08-16 15:02:02 -
Detroit, Michigan, August 16, 2013 - American Axle & Manufacturing Holdings,
Inc. (AAM) today announced that AAM's Board of Directors has named current
President and Chief Executive Officer David C. Dauch to the additional
position of Chairman of the Board, effective immediately.
"Naming David C. Dauch as Chairman reflects his deep knowledge of AAM's global
business and operations and the high regard in which he is held by the Board
of Directors," said Thomas K. Walker, the independent lead director of AAM's
Board of Directors. "David has proven himself to be an outstanding and
instrumental leader in the continued diversification of AAM's product
portfolio, customer base and global footprint. The Board is confident that
David's experience and leadership, combined with
the strong management team
that has been assembled over the years, will take AAM successfully into the
"I am honored and take great pride in being named Chairman of AAM's Board,"
said Dauch. "My father's vision, passion and leadership have transformed AAM
into the leading global automotive supplier that it is today. I look forward
to leading the AAM Board and the management team in executing our profitable
growth plan while building value by delivering quality, technology leadership
and operational excellence for our customers around the world."
Dauch, a member of the Board of Directors of AAM since 2009, has been serving
as the company's President and Chief Executive Officer since September 2012.
Since joining AAM in July 1995, he has served in positions of increasing
responsibility including most recently, President and Chief Operating Officer.
Full biographies and photos of Mr. D.C. Dauch and Mr. T.K. Walker are
available at www.aam.com.
AAM (NYSE: AXL) is a world leader in the manufacture, engineering, design and
validation of driveline and drivetrain systems and related components and
modules, chassis systems and metal-formed products for light trucks, sport
utility vehicles, passenger cars and crossover vehicles and commercial
vehicles. In addition to locations in the United States (Indiana, Michigan,
Ohio, and Pennsylvania), AAM also has offices or facilities in Brazil, China,
Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland, South Korea,
Sweden, and Thailand.
For more information...
Christopher M. Son
Director Investor Relations,
Corporate Communications & Marketing
Danielle R. Landolt
Manager, Marketing & Communications
Or visit the AAM website at www.aam.com.
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Source: American Axle & Manufacturing Holdings, Inc via Thomson Reuters ONE