Accuride’s board of directors recently appointed Jason Luo as interim president and chief executive officer.
Luo formerly was chairman and CEO of Ford China and president and CEO of Key Safety Systems. He’s been a director of Accuride, a supplier of wheel-end systems for commercial vehicles, since March 2018 and also serves as a senior advisor to Crestview Partners, Accuride’s majority owner.
The appointment follows the board’s acceptance of Rick Dauch’s resignation from his Accuride executive positions and as a director following his appointment as the new CEO of Delphi Technologies. A search is underway to identify a permanent chief executive officer for Accuride, the company said.
“Since our investment in Accuride in 2016, the company has embarked on a strategy to transform itself from a North American supplier into a global leader,” said Thomas S. Murphy, Jr, Accuride’s chairman of the board of directors. “Over the past two years, Accuride has more than doubled its revenues after completing two acquisitions which added substantial operations in Europe and Asia.
“We are excited to continue to execute on this strategy with Jason Luo as interim CEO of the company. Crestview and Jason have worked together closely and successfully for over a decade, and Accuride is fortunate to have such a talented and highly respected executive lead the company’s outstanding team as we search for a permanent CEO.
“We thank Rick for his contributions to Accuride and wish him well in his future endeavors.”