EVANSVILLE, Ind. Accuride Corp. has announced that William Lasky, chairman of the company’s board of directors, has decided not to stand for re-election at the company’s Annual Meeting of Stockholders on April 24. Lasky will continue to serve as chairman of the board until his current term expires on that date.
In addition to his role as a member of Accuride’s board of directors, Lasky agreed in September 2008 to serve as president and CEO on an interim basis while the company searched for a permanent replacement to the previous CEO. He served in this capacity for nearly two and a half years while he orchestrated and led the company through a successful pre-packaged Chapter 11 restructuring, which was completed in a little more than four months. Accuride noted that Lasky’s leadership helped preserve existing customer and supplier relationships throughout the process, and positioned the company for relisting on the New York Stock Exchange in December 2010.
Lasky was appointed chairman in January 2009 and continued in that capacity after Rick Dauch joined Accuride as president and CEO in February 2011. In doing so, Lasky ensured continuity of leadership and provided Dauch close support as he came up to speed as the permanent CEO over the past 13 months.
“The rest of Accuride’s leadership team and I have appreciated Bill’s deep insight into our company, its businesses and the industry we serve,” said Dauch. “He did an outstanding job leading the company successfully through its restructuring and has been a tremendous resource to us as we developed and began the implementation of our ‘Fix and Grow’ strategy to restore Accuride’s reputation as a dependable supplier to customers and as a reliable, profitable investment for shareholders.”