04.12.2007 21:30:00
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Accuride Announces Executive Management Appointments
Today, Accuride Corporation (NYSE:ACW) announced that Leigh Wright has
been promoted to serve as the Company’s Senior
Vice President of Accuride Wheels. The Company also announced that
Edward Gulda will join the Company as Senior Vice President of Brillion
and Gunite.
Wright, who previously served as Accuride’s
Vice President of Steel Wheels, will now be responsible for the
strategic global leadership and manufacturing oversight of the Company’s
steel and aluminum wheel facilities.
"Under Leigh’s
direction, Accuride recently restructured the steel wheel business unit
to ensure its long-term competitiveness and also successfully introduced
AccuLite, a light weight steel wheel which we believe will become an
industry standard,” said John Murphy, Accuride’s
President and CEO. "In his new role, we look
for Leigh to continue the focus on operational excellence while building
upon our market leading steel and aluminum wheel product portfolio to
increase the solutions we provide our customers.”
Wright joined Accuride in March 2004 and has over 20 years of
progressive management experience, most of which has been in the heavy
truck industry. Wright has a MBA from the Richard Ivey School of
Business at the University of Western Ontario, a CIM from McMaster
University, and a Manufacturing Engineering Technologist diploma from
Fanshawe College in London, Ontario.
Additionally, on December 17, Edward Gulda will join Accuride as Senior
Vice President of Brillion and Gunite. In this role, Gulda will be
responsible for the strategic leadership and increased manufacturing
efficiency of Accuride’s Brillion and Gunite
strategic business units.
"Ed’s extensive
background in business development and operations optimization coupled
with his in-depth experience in the commercial vehicle industry affords
him the expertise necessary to aggressively implement strategic
improvements at our Brillion and Gunite facilities so as to strengthen
the business units’ competitiveness,”
said Murphy.
With over 20 years of industry experience, Gulda most recently served as
Principal for Kinnick Group LLC, a business-consulting firm focused on
mergers, acquisitions, and business turnarounds. Gulda previously served
as Chairman and CEO of Peregrine Incorporated, Chief Executive of Kelsey
Hayes, and President and COO of Dayton Walther. Gulda holds a BSE and
MBA from University of Michigan.
Gulda replaces Robert Nida who departed Accuride to pursue other career
opportunities.
Accuride Corporation is one of the largest and most diversified
manufacturers and suppliers of commercial vehicle components in North
America. Accuride’s products include
commercial vehicle wheels, wheel-end components and assemblies, truck
body and chassis parts, seating assemblies and other commercial vehicle
components. Accuride’s products are marketed
under its brand names, which include Accuride, Gunite, Imperial,
Bostrom, Fabco, and Brillion. For more information, visit Accuride’s
website at http://accuridecorp.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 for Accuride Corporation: All comments
relating to any future period are forward-looking statements, subject to
uncertainties and risk that could cause actual results to vary
materially from what is suggested here. These statements are
subject to risks and uncertainties, including without limitation, the
general market conditions, the specific market for Company common stock,
the performance of the Company’s business and
other risks detailed from time-to-time in Accuride’s
filings and reports with the Securities and Exchange Commission.
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