Midas Announces Decision to Review Strategic Alternatives
These strategic and financial alternatives could include a possible sale, merger or other business combination.
Kinedyne Expands U.S. Sales Team
Company also establishes new, national OEM account manager position.
Lear Elects Matt Simoncini CEO; Bob Rossiter to Step Down After 40 Years of Service
Simoncini succeeds Bob Rossiter, who will step down as CEO, president and a director of Lear on Sept. 1. Rossiter will remain in an advisory role until May 2012 to assist with the transition.
Remy International Announces Second Quarter 2011 Results
The company reported 2010 second quarter sales of $279.4 million.
Mark Hallsman Appointed President and CEO of Silla Automotive
In his new role at Silla, Hallsman will focus on further growing the company by expanding its product line, adding new distribution channels and increasing sales into other countries.
David Davoudi Named President of CUL-MAC Industries
CUL-MAC Industries, a manufacturer of chemical cleaning products for automotive, commercial, industrial and residential applications, has named David Davoudi as its new president. Davoudi comes to CUL-MAC Industries with more than 20 years of experience in executive and business management and a proven track record for driving sales, increasing market share and profit, process improvement and building organizational capabilities.
KMPG Survey Shows U.S. Auto Executives Bullish on Revenue, Hiring Next Year
Survey reveals that U.S. auto execs also plan to boost investment in acquisitions, product innovations.
William Conaty Elected to Goodyear Board
Conaty served as General Electric’s chief human resources officer from 1993 to 2007. He joined GE in 1967 and in his 40-year career, moved through a progression of leadership roles in the company’s transportation, aerospace and aircraft engines businesses.
Kevin Dowd, Harry Wilson Named to Visteon Board of Directors
Dowd is the chairman and managing member of Berkeley Square Advisors LLC, an advisory consulting firm. Wilson is chairman and CEO of MAEVA Advisors LLC, a turnaround and restructuring advisory firm based in Scarsdale, N.Y.
New VDO Door Systems Program Adds 216 SKUs
New 2012 catalog increases SKUs by 23 percent; now exceeds 1,186 part numbers.