ROCHESTER HILLS, Mich. -- Dura Automotive Systems has announced the departure of its CFO, Tim Trenary.

Effective immediately and on an interim basis, Nick Preda, Dura’s current audit committee chairman, will assume chief financial officer responsibilities from Trenary. Dura also announced today that it will soon begin a search process for a permanent CFO.

“Tim was a key member of the executive team that worked to successfully bring Dura out of bankruptcy despite significant challenges in the credit market,” said Larry Denton, chairman, president and CEO. “I am greatly appreciative of Tim’s leadership and efforts on behalf of the company and wish him well in his future pursuits. With our financial restructuring behind us and our renewed competitive position the Dura organization is well positioned and a destination for top talent.”

“I leave Dura with a tremendous sense of gratification in the accomplishments that everyone at the company worked so hard together to achieve,” said Trenary. “The company is now stronger financially and operationally, and I wish Dura success well into the future.”

As interim CFO, Preda will assume all responsibilities from Trenary. Once Dura’s emergence from Chapter 11 is effective in the coming days, Dura’s new board of directors will begin the search process for a permanent CFO.

For more information about Dura Automotive Systems, go to: www.duraauto.com.