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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.

Superior Industries Announces Repricing Of $385M Term Loan B

The lower interest rate resulting from the amendment is expected to reduce the company’s annual interest expense by approximately $2 million.

Superior Industries Reports 1st Quarter 2018 Financial Results

Net sales for the first quarter of 2018 were $386.4 million, compared to net sales of $174.2 million in the first quarter of 2017.

Superior Industries Reports 4th Quarter, Full Year 2017 Financial Results

Net sales for 2017 were $1,108.1 million, compared to net sales of $732.7 million in 2016. Value-added sales were $616.8 million for 2017 versus value-added sales of $408.7 million in 2016.

Board Director Of Superior Industries Recognized As NACD Board Leadership Fellow

The NACD Fellowship is a comprehensive and continuous program of study that empowers Fellows with the latest insights, intelligence and leading boardroom practices year after year.

Superior Industries Appoints Nadeem Moiz As Executive Vice President And CFO

In connection with Moiz’s appointment, Kerry Shiba, who previously served as executive vice president, has announced his departure from Superior.

Superior Industries Announces Debt Offering

The company also has announced that its board of directors has declared a quarterly cash dividend of 9 cents per share.