Superior Industries Reports Drop In Q1 Shipment Volumes, Sales
The company shipped 5 million wheel units in the first quarter, down from 5.5 million units in first-quarter 2018.
Superior Industries Names New President And CEO
Majdi Abulaban joins the company from Aptiv, where he was most recently senior vice president and group president, Global Signal and Power Solutions Segment.
Superior Industries Reports 4th Quarter, Full Year 2018 Financial Results
Net sales were $1.5 billion compared to $1.1 billion in the prior year.
Superior Industries President And CEO Don Stebbins To Retire Dec. 31
Timothy McQuay, chairman of the board, will assume duties of the president and CEO.
Superior Industries Reports Third Quarter 2018 Financial Results
Net sales for the third quarter of 2018 were $347.6 million, compared to net sales of $331.4 million in the third quarter of 2017. Superior said the increase during the quarter was driven by higher aluminum prices, offset by lower volume in the third quarter of 2018.
Superior Industries Appoints Matti Masanovich As Executive Vice President And CFO
Prior to joining Superior, Masanovich was the senior vice president and CFO at General Cable Corp.
Superior Industries Appoints Richard Giromini To Its Board
Giromini most recently served as CEO and director of Wabash National, a diversified industrial manufacturer and a leading producer of semi-trailers and liquid transportation systems, from January 2007 until June 2018.
Superior Industries Reports 2nd Quarter 2018 Financial Results
Net sales for the second quarter of 2018 were $389 million, compared to net sales of $240.6 million in the second quarter of 2017. The increase was driven by the inclusion of an additional two months of our European operations, an increase in aluminum prices and favorable mix in both regions.
Superior Industries Announces Appointment Of Michael Elia
Elia was named as the interim leader of Superior’s global finance and accounting team, and will remain with Superior until a permanent replacement for the chief financial officer position is named.
Superior Industries Announces Resignation Of Chief Financial Officer
“We have launched a search for a chief financial officer, and I am confident that we have a strong and talented financial team to support our strategy throughout the process,” said Don Stebbins, president and CEO.