DURA Automotive Announces Appointment of New Vice President and Corporate Controller.Business Editors ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--April 8, 2003 DURA Automotive Systems Dura Automotive Systems (Pink Sheets: DRRAQ), headquartered in Rochester Hills, Michigan, USA was ranked in the 2006 Fortune 1000. It is engaged in the business of manufacturing and distribution of automotive components. , Inc. (Nasdaq:DRRA DRRA Dynamic Radio Resource Allocation ), announced today that Keith R. Marchiando has joined the company as Vice President and Corporate Controller. Marchiando comes to DURA from Dow Automotive in Auburn Hills, Mich., where he held the position of Global Finance Director. Marchiando will have primary responsibility for directing DURA's global strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , forecasting and business reporting processes. "Keith's expertise at instituting strong analytical practices together with his international finance experience will be a valued addition to the DURA team," said David Bovee, Vice President of Finance and Chief Financial Officer. As a member of the executive management team at Dow Automotive, Marchiando had finance responsibility for annual revenues of $1.3 billion and $1 billion in assets. He also served on the Board of Directors of several Dow Automotive subsidiaries and joint ventures in Europe, North and South America. Prior to joining Dow Automotive, Marchiando held several positions at Ford Motor Company including: Vehicle Line Finance Manager, Vehicle Product Development; Finance Manager, Product Strategy Office; and Controller, Aftermarket Glass. Marchiando, 40, earned a Master of Business Administration degree at Carnegie Mellon University Carnegie Mellon University, at Pittsburgh, Pa.; est. 1967 through the merger of the Carnegie Institute of Technology (founded 1900, opened 1905) and the Mellon Institute of Industrial Research (founded 1913). and a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree from Lehigh University. DURA Automotive Systems, Inc., is the world's largest independent designer and manufacturer of driver control systems and a leading global supplier of seating control systems, engineered assemblies, structural door modules and integrated glass systems for the global automotive industry. The company is also a leading supplier of similar products to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. recreation vehicle and mass transit market. DURA sells its automotive products to every North American, Japanese and European original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) and many leading Tier 1 automotive suppliers. DURA is headquartered in Rochester Hills, Mich. Information about DURA and its products is available on the Internet at www.duraauto.com. |
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