Hayes Lemmerz Realigns its Wheel Groups and Appoints Fred Bentley as Chief Operating Officer and President of its Global Wheel G
11 January 2006 - 10:00AM
PR Newswire (US)
NORTHVILLE, Mich., Jan. 10 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (NASDAQ:HAYZ) announced today the strategic
realignment of its wheel businesses to strengthen coordination and
synergies worldwide. The move combines the Company's North American
and International Wheel Groups, creating a newly formed Global
Wheel Group. The Company also announced the appointment of Fred
Bentley to the new position of Chief Operating Officer and
President of the Global Wheel Group, effective immediately. Mr.
Bentley will continue to report directly to Curtis Clawson,
President, CEO and Chairman of the Board. "Integrating the
Company's Wheel Operations makes good business sense. It enables us
to improve operational efficiencies and to more fully leverage
product development capabilities and existing investments in
technology and resources," said Mr. Clawson. Commenting on the
appointment of Mr. Bentley, Mr. Clawson said, "Fred is the right
individual to take on the challenges of Chief Operating Officer and
President of the Group. He is well-prepared and he has been
instrumental in the growth of the Company's international
operations. I know Fred will bring the same vigor in taking on the
challenges and opportunities we face in the global marketplace."
Mr. Bentley formerly served as President of the Company's
International Wheel Group and also as President of its Commercial
Highway and Aftermarket Group. Mr. Bentley has a solid background
in management, operations, and lean manufacturing. Prior to joining
Hayes Lemmerz, Mr. Bentley was Managing Director for Honeywell's
Consumer Products Group European and South Africa automotive
aftermarket operations. Before that, Mr. Bentley was General
Manager Heavy Duty operations for AlliedSignal. Earlier in his
career, Mr. Bentley held several different positions in operations
at Frito-Lay. Throughout Mr. Bentley's career, he has a
demonstrated track record of achieving positive results and
developing strong teams. Mr. Bentley earned his Bachelor of Science
degree in Industrial Engineering from the University of Cincinnati,
in Ohio. Mr. Bentley also holds an MBA from the University of
Phoenix and has completed the Advanced Management program at
Harvard University. He is a Six Sigma Black Belt. Hayes Lemmerz
International, Inc. is a world leading global supplier of
automotive and commercial highway wheels, brakes, powertrain,
suspension, structural and other lightweight components. The
Company has 36 facilities and over 10,000 employees worldwide. This
press release includes forward looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, as amended, which
represent the Company's expectations and beliefs concerning future
events that involve risks and uncertainties which could cause
actual results to differ materially from those currently
anticipated. All statements other than statements of historical
facts included in this release are forward looking statements.
Factors that could cause actual results to differ materially from
those expressed or implied in such forward looking statements
include the factors set forth in our periodic reports filed with
the SEC. Consequently, all of the forward looking statements made
in this press release are qualified by these and other factors,
risks and uncertainties. DATASOURCE: Hayes Lemmerz International,
Inc. CONTACT: Marika P. Diamond of Hayes Lemmerz International,
Inc., +1-734-737-5162 Web site: http://www.hayes-lemmerz.com/
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