Titled “Together,” the Report’s theme is intended to reflect the company’s updated purpose statement, “Creating Sustainable Solutions Together.”
Assets from sale add to the company’s continuing solid liquidity position.
Shannon B. Quinn will be responsible for the global commercial group and corporate strategy.
This is the third time Cooper Standard has been recognized since 2020 and is one of only six honorees in the automotive industry.
The Manufacturing Institute will recognize Angela Greiner at an awards program in Washington D.C. this April.
Electric vehicle trends continue to create opportunity for Cooper Standard.
The company’s updated Mission statement is “Be the First Choice of the Stakeholders We Serve.”
New appointments have been announced in conjunction with the retirement of William Pumphrey, and the departure of John Li.
The company has been included on the list of the top 500 most responsible companies in the U.S. since its inception three years ago.
Soma Venkat has been named senior vice president and chief information technology officer, and Amy Kulikowski to vice president, global internal audit and compliance.
Rebecca McCabe was appointed to VP, chief accounting officer, and Linda Conrad was named VP, corporate controller.
The company said semiconductor-related customer shutdowns and commodity inflation weighed on sales and profit.