ANDERSON, Ind., July 28 /PRNewswire/ -- Remy International, Inc., Board of
Directors announces the appointment of current CFO Rajesh Shah to the new
position of Executive Vice President and Chief Operating Officer for Remy
International, effective immediately. The company has commenced a search for
a CFO.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050728/DETH031 )
Shah will be responsible for global operations and will focus on achieving
improvements in both the operational and financial performance of the company.
Thomas J. Snyder, President and CEO, will focus on external initiatives,
including technology partnerships, customer relations and new enterprise
opportunities.
This realignment of responsibilities will allow the company to achieve
cost efficiencies and aggressive performance improvements and advance its
objectives for growth and operational excellence.
Shah joined Remy as Executive Vice President and Chief Financial Officer
in 2002. He has several years in transportation-related manufacturing and has
served in a variety of senior financial roles prior to Remy.
"Raj has demonstrated quality leadership in each of his senior executive
positions during his career in the automotive industry. The board is
confident that his operational oversight and management will enable our
business units to achieve new levels of performance and profitability," said
Snyder.
Remy International, Inc., headquartered in Anderson, Indiana, is a leading
manufacturer, remanufacturer and distributor of Delco Remy brand heavy-duty
systems and Remy brand starters and alternators, diesel engines and hybrid
power technology. The company also provides worldwide components core-
exchange services for automobiles, light trucks, medium and heavy-duty trucks
and other heavy-duty, off-road and industrial applications. Remy was formed
in 1994 as a partial divestiture by General Motors Corporation of the former
Delco Remy Division, which traces its roots to Remy Electric, founded in 1896.
Additional information is available at the company's website:
http://www.remyinc.com
SOURCE Remy International, Inc.
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Related links:
http://www.remyinc.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20050728/DETH031
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/111635.html
CONTACT:
John Pyzik of Remy International, Inc.,
+1-765-778-6607
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