LIVONIA, Mich., Jan. 20, 2017 /PRNewswire/ -- Tower
International, Inc. (NYSE: TOWR), a leading integrated global
manufacturer of engineered automotive structural metal components
and assemblies, today announced select leadership changes
consistent with the Company's leaner regional business
footprint.
Effective immediately, Pär Malmhagen is appointed President of
Tower International, reporting to Tower Chief Executive Officer, Jim Gouin. Malmhagen will be based in
Livonia and have overall
responsibility for Tower's North
American and European businesses.
"This is the natural evolution to a leaner, aligned, and
effective global organization structure following the completed and
planned sales of Tower's
operations outside North America
and Europe," said Gouin.
Malmhagen remarked, "I look forward to working with all
Tower colleagues to continue to
build upon our close customer relationships, strong competitiveness
and profitable capital deployment."
Malmhagen joined the Company as President of Tower Europe in
2012 from Autoliv where he held various executive positions in
Operations, Sales and Technology in Europe and China with regional as well as
global responsibilities. Having strengthened the leadership of
Tower Europe, improved customer launches and introduced light
weighting technologies; in his new role, Malmhagen will leverage
his broad business experience to drive operational excellence and
install best practices across the Company.
Andreas Meyer is appointed Senior
Vice President Tower Europe, reporting to Malmhagen. Meyer will
head Tower's European Leadership
Team based in Cologne, Germany.
Meyer joined the Company in 2015 as Vice President Operations of
Tower Europe from Hörmann Group where he was Managing Director for
Hörmann Automotive. Since joining Tower, Meyer has implemented productivity
improvements and process standardization throughout Tower's European
operations.
Jim Bernard, President of Tower
Americas since 2011 and a Tower
colleague since 1988, has elected to leave the Company following an
orderly transition with Malmhagen in North America. "We are
grateful for Jim Bernard's
leadership contributions and wish him the very best," said
Gouin.
Bernard remarked, "It has been a pleasure and a privilege to
work with all of the colleagues at Tower. I am proud of what
we have accomplished and wish them continued success."
Investor & Media Contact:
Derek Fiebig
Executive Director, Investor & External Relations
(248) 675-6457
fiebig.derek@towerinternational.com
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SOURCE Tower International, Inc.