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Dura Automotive Elects David R. Bovee as CFO.

ROCHESTER HILLS, Mich., Jan. 5 /PRNewswire/ --

Dura Automotive Systems, Inc. (Nasdaq: DRRA), today announced that David R. Bovee, currently vice president; business development, will assume responsibility as vice president and chief financial officer for the company.

Bovee served as the company's first vice president and chief financial officer beginning in 1990 when the company was formed as Dura Mechanical Components, Inc. Prior to then he was employed for many years in predecessor companies to Dura in increasingly responsible finance related roles. In 1997 he began his business development position when the company focused on its acquisition and growth strategy.

Bovee replaces William F. Ohrt, who has resigned from the company effective January 10, 2001. "Bill has helped build a highly qualified finance team for Dura and has been responsible for implementing modern and effective control systems throughout the company. Both will be valuable for Dura's future and we thank Bill for all his significant and long lasting contributions," said Karl Storrie, president and chief executive officer of Dura.

Dura Automotive Systems, Inc., is the world's largest independent designer and manufacturer of cockpit sub-systems and a leading global supplier of door modules, seat mechanisms and structures, glass systems and engineered assemblies for the global automotive industry. The company is also a leading supplier of similar products to the North American recreational vehicle and mass transit market. The company's products include door modules, parking brake systems, automotive cables, transmission shifter systems, encapsulated and sliding windows, window regulators, hinges, latches, seating systems, engine control products, underbody tire carriers, jacks, brake, clutch and accelerator pedals and other mechanical assemblies. The company's products are sold to every North American, European and Japanese original equipment manufacturer, including Ford, General Motors, DaimlerChrysler, Volkswagen, BMW, Toyota, Honda, Nissan, PSA (Peugeot and Citroen) and Renault. Dura's operating headquarters is in Rochester Hills, Mich., and its corporate office is in Minneapolis, Minn.
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Publication:PR Newswire
Date:Jan 5, 2001
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