Delphi Technologies has appointed Richard Dauch as the company’s new chief executive officer, effective January 7, 2019. The 57-year-old, who succeeds interim CEO Hari Nair, will also join the company’s board of directors
“We are pleased to announce Rick Dauch’s appointment as CEO. He is a strong executive with more than 25 years of industry experience including 10 years serving in CEO roles with private and publicly traded companies,” said Timothy Manganello, non-executive chairman of the company’s board of directors.
“Rick’s industry expertise, leadership qualities and track record of driving operational excellence and profitable growth make him an outstanding choice to lead Delphi Technologies during a time of dynamic industry change.”
Dauch is a proven executive in the automotive and commercial vehicle industries. Since February 2011, he has been serving as the president and chief executive officer of Accuride Corporation, a leading supplier of wheel-end systems.
Previously, the 57-year-old was president and chief executive officer of Acument Global Technologies, the fastening solutions provider to the aerospace, automotive, heavy-duty truck, industrial, and non-automotive transportation markets.
“This is an exciting time to be a part of and lead the Delphi Technologies team as we continue to supply our global customer base with an industry-leading portfolio of internal combustion engine, hybrid and electric propulsion solutions,” noted Dauch.
“I look forward to our global team creating even greater long-term value for our customers and shareholders as we complete our full transition to a standalone company and continue to advance our technology leadership position.”