DETROIT, Nov. 9 /PRNewswire-FirstCall/ -- American Axle & Manufacturing
Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that
AAM's Co-Founder, Chairman & CEO, Richard E. Dauch has extended his Employment
Agreement to serve as CEO of the Company until December 31, 2009. Mr. Dauch
will also continue to serve on AAM's Board of Directors as Chairman.
"The Board of Directors is pleased that Dick will continue to lead AAM
through 2009," said AAM's Compensation Committee Chairman Forest J. Farmer.
"I look forward to continuing in my leadership role at AAM during this
period of unprecedented structural change in the domestic automotive
industry," said AAM's Co-Founder, Chairman & CEO, Richard E. Dauch.
AAM is a world leader in the manufacture, engineering, design and
validation of driveline systems and related components and modules, chassis
systems and metal formed products for light trucks, sport utility vehicles and
passenger cars. In addition to its locations in the United States (in
Michigan, New York and Ohio), AAM also has offices or facilities in Brazil,
China, England, Germany, India, Japan, Mexico, Scotland and South Korea.
Certain statements contained in this press release which are not
historical facts contain forward-looking information with respect to the
Company's plans, projections or future performance, the occurrence of which
involve risk and uncertainties that could cause the Company's actual results
or plans to differ materially from those expected by the Company which include
risk factors described in the Company's filing with the Securities and
Exchange Commission.
For more information...
Media relations contact Investor relations contact
Carrie L. P. Gray Christopher M. Son
Director, Corporate Relations Director, Investor Relations
(313) 758-4880 (313) 758-4814
grayc@aam.com chris.son@aam.com
Or visit the AAM website at http://www.aam.com .
SOURCE American Axle & Manufacturing Holdings, Inc.
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Related links:
http://www.aam.com
Company News On-Call:
http://www.prnewswire.com/comp/033813.html
CONTACT:
Media relations contact: Carrie L. P. Gray,
Director, Corporate Relations, +1-313-758-4880, grayc@aam.com ,
or Investor relations contact: Christopher M. Son, Director,
Investor Relations, +1-313-758-4814, chris.son@aam.com , both of
American Axle & Manufacturing Holdings, Inc.
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