VALLEY CITY, Ohio – Shiloh Industries announced that its board of directors has appointed Ramzi Hermiz as president and CEO effective Sept. 4. The board also will nominate Hermiz for election as a member of the board at the next annual meeting of stockholders. Hermiz will succeed Theodore Zampetis, who previously announced his plan to retire on Dec. 31, 2012.
Headquartered in Valley City, Ohio, Shiloh Industries manufactures first operation blanks, engineered welded blanks, complex stampings and modular assemblies for the automotive and heavy truck industries. The company has 14 wholly owned subsidiaries at locations in Ohio, Georgia, Michigan, Tennessee, Kentucky and Mexico, and employs approximately 1,400.
Hermiz has extensive senior management experience in the automotive parts industry. Since 2009, he served as senior vice president, vehicle safety and protection of Federal-Mogul Corp., and was a member of Federal-Mogul’s strategy board since 2005. He served as senior vice president, aftermarket products and services from 2007 to 2009 and senior vice president of sealing systems from 2005 to 2007. Hermiz held various senior management positions after joining Federal-Mogul in 1998 with its acquisition of Fel-Pro Inc.
"We are very pleased to welcome Ramzi Hermiz as Shiloh’s next president and CEO," said Curtis Moll, chairman of the board. "The board is confident that Ramzi has the strategic vision and experience to guide the company in the future as we execute strategies to strengthen the company and create value for our stockholders."
Following Hermiz’s appointment on Sept. 4, Zampetis will continue as an employee of the company serving in an advisory capacity to facilitate a smooth transition. He will retire from the company effective Dec. 31 but will remain a director following his retirement.
"The board would like to thank Ted Zampetis for his service in leading Shiloh during very difficult times," said Curt Moll. "We are grateful for his significant contributions to Shiloh over the past 11 years, including the leadership and the guidance he provided during the recent global recession. Shiloh would not be where it is today without his dedicated service as president and CEO."
