DETROIT The board of directors for American Axle & Manufacturing Holdings Inc. (AAM) has named current president and CEO David Dauch to the additional position of chairman, 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 Walker, the independent lead director of AAM’s board. "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 future."
Dauch, a member of the board since 2009, has been serving as the company’s president and CEO 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.
"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."