EVANSVILLE, IN — Accuride has named its Chairman of the Board and also announced new executive management appointments. The changes are effective immediately.

Terrence Keating, Accuride’s current chief executive officer (CEO) and member of the board of directors has been named chairman of the board and will continue as the company’s CEO. Keating succeeds James Greene, Jr., as Chairman. Greene will remain on the board as the lead independent director.

John Murphy, currently Accuride’s president and chief financial officer, will assume responsibilities of chief operating officer and continue as president.

David Armstrong, Accuride’s current senior vice president/finance and general counsel, has been named senior vice president/chief financial officer and will continue as general counsel.

Stephen Martin has been named vice president/corporate counsel. Martin previously served as Accuride’s associate general counsel.

"Today’s appointments reflect a logical progression of Accuride’s executive management team," said Greene, member, KKR, LLC, the general partner of Kohlberg Kravis Roberts & Co., and outgoing chairman of Accuride’s Board. "The changes in senior leadership accountabilities allow for the continued pursuit of Accuride’s strategic business initiatives, and are in support of the seamless succession planning at the company."

As a result of the appointments, Armstrong and Murphy will both report directly to Keating.

"As Chairman of the Board and CEO of Accuride, I will continue to drive Accuride’s strategic plan calling for further optimization of our facilities and pursuit of global expansion," said Keating. "The new assignments of our key leaders will allow for intensified focus on these business initiatives, while strengthening the versatility of our topside management team."

For more information about Accuride, go to: http://accuridecorp.com.