História do investidor

Publicado em 26 de novembro de 2018

AAM nomeia Sandra Pierce para o Conselho de Administração

DETROIT -26 de novembro de 2018 – A American Axle & Manufacturing (NYSE: AXL) nomeou Sandra (Sandy) Pierce para o seu Conselho de Administração. Pierce é a vice-presidente Executiva Sênior da Private Client Group e Diretora e Presidente do Michigan for Huntington National Bank.

"Sandy tem um vasto conhecimento financeiro e um compromisso excepcional com Detroit e Michigan", afirmou David C. Dauch, Presidente e Diretor Executivo da AAM. "Estamos ansiosos pelos insights e pela experiência da Sandy e damos a ela nossas boas-vindas à família AAM".

Pierce entrou no Huntington em 2016 após a fusão da FirsMerit e lidera os seguintes segmentos de receita corporativa: Huntington Private Bank, Huntington Insurance Agency, Huntington Auto Finance e RV/Marine. Pierce também tem responsabilidade gerencial pela Community Development initiatives, da Huntington e pelos Presidentes Regionais da Huntington nos oito estados onde tem presença. Pierce é Presidente do Huntington Bank Michigan.

Antes de entrar na FirstMet, Pierce foi Executiva Regional do Meio-Oeste, Presidente e CEO do Charter One Bank, Michigan e Executiva Regional do JPMorgan Chase. Pierce começou a carreira no NBD Bank.

Sobre a AAM

A American Axle & Manufacturing (AAM) (NYSE: AXL) é a principal, líder global em criação, projeto, validação e fabricação de tecnologias de driveline, usinados, powertrain e de fundição para o setor automotivo, comercial e mercados industriais. Com sede em Detroit, a AAM tem mais de 25 mil associados, operando em mais de 90 instalações, em 17 países, para dar apoio aos nossos clientes em plataformas globais e regionais com um foco em qualidade, excelência operacional, liderança tecnológica. Para saber mais, acesse www.aam.com.www.aam.com.

Para mais informações:

MÍDIA

Christopher Son

Vice-presidente, Marketing e comunicações corporativas

+1 (313) 758-4814

Contact
AMERICAN AXLE & MANUFACTURING

One Dauch Drive
Detroit, MI 48211-1198

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Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and may differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:

  • reduced purchases of our products by General Motors Company (GM), FCA US LLC (FCA), or other customers;
  • reduced demand for our customers' products (particularly light trucks and sport utility vehicles (SUVs) produced by GM and FCA);
  • our ability to develop and produce new products that reflect market demand;
  • lower-than-anticipated market acceptance of new or existing products;
  • our ability to respond to changes in technology, increased competition or pricing pressures;
  • our ability to attract new customers and programs for new products;
  • our ability to consummate and integrate acquisitions and joint ventures;
  • risks inherent in our international operations (including adverse changes in trade agreements, tariffs, immigration policies, political stability, taxes and other law changes, potential disruptions of production and supply, and currency rate fluctuations, including those resulting from the recent United States presidential election and the United Kingdom's vote to exit the European Union);
  • negative or unexpected tax consequences;
  • liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
  • our ability to achieve the level of cost reductions required to sustain global cost competitiveness;
  • supply shortages or price increases in raw materials, utilities or other operating supplies for us or our customers as a result of natural disasters or otherwise;
  • our ability or our customers' and suppliers' ability to successfully launch new product programs on a timely basis;
  • our ability to realize the expected revenues from our new and incremental business backlog;
  • risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber attack and other similar disruptions;
  • global economic conditions;
  • our ability to maintain satisfactory labor relations and avoid work stoppages;
  • our suppliers', our customers' and their suppliers' ability to maintain satisfactory labor relations and avoid work stoppages;
  • price volatility in, or reduced availability of, fuel;
  • our ability to protect our intellectual property and successfully defend against assertions made against us;
  • our ability to attract and retain key associates;
  • availability of financing for working capital, capital expenditures, research and development (R&D) or other general corporate purposes including acquisitions, as well as our ability to comply with financial covenants;
  • our customers' and suppliers' availability of financing for working capital, capital expenditures, R&D or other general corporate purposes;
  • changes in liabilities arising from pension and other postretirement benefit obligations;
  • risks of noncompliance with environmental laws and regulations or risks of environmental issues that could result in unforeseen costs at our facilities;
  • adverse changes in laws, government regulations or market conditions affecting our products or our customers' products (such as the Corporate Average Fuel Economy (CAFE) regulations);
  • our ability or our customers' and suppliers' ability to comply with the Dodd-Frank Act and other regulatory requirements and the potential costs of such compliance;  and
  • other unanticipated events and conditions that may hinder our ability to compete.
It is not possible to foresee or identify all such factors and we make no commitment to update any forward-looking statement or to disclose any facts, events or circumstances after the date hereof that may affect the accuracy of any forward-looking statement.