Superior Industries Announces the Retirement of James S. McElya From the Board of Directors
Superior Industries International, Inc. (NYSE:SUP), one
of the world’s leading aluminum wheel suppliers for OEMs and the
European aftermarket, today announced the retirement of James S.
McElya from Superior’s Board of Directors. Mr. McElya will not
stand for re-election at the Company’s 2021 Annual Meeting of
Stockholders. He will continue to serve through the remainder of
his current term.
“We want to thank Jim for his insights and contributions to
Superior’s long-term success over the last eight years. He has been
an invaluable member of Superior’s Board and contributed
significantly to the Company’s performance and achievements during
his tenure. He was instrumental in Superior’s transformation from a
regional automotive wheel manufacturer to a global leader in the
design and manufacture of premium aluminum wheels to the automotive
industry. We wish Jim the very best in all his future endeavors,”
said Tim McQuay, Chairman of the Superior Board of Directors.
“Going forward, our Board will continue to execute our plans to
exercise strong corporate governance and ensure our Board
represents a diverse set of opinions and skills to support
long-term shareholder value.”
“Jim brought tremendous stature and experience to Superior that
has been instrumental in steering our Company’s strategy and
driving operating performance,” said Majdi Abulaban, Superior CEO.
“Further, his personal mentoring and guidance has been invaluable
to me and the management team.”
During his service, Mr. McElya led Superior’s Compensation and
Benefits Committee and, more recently, its Nominating and Corporate
Governance Committee. “I have enjoyed my time immensely on
Superior’s Board as it transformed into a global, innovative wheel
manufacturer for the automotive industry. Further, the Company’s
expert navigation through the challenges brought on by the COVID-19
pandemic, including a complete shutdown of its manufacturing
facilities, the successful restart of production and its ability to
capitalize on the secular trends driving increased demand for its
products was stunning. Under Majdi and Tim’s leadership, the
Company is poised for long-term success as they execute the
Company’s value creation roadmap,” commented Mr. McElya.
About Superior Industries
Superior is one of the world’s leading aluminum wheel suppliers.
Superior’s team partners with customers to design, engineer, and
manufacture a wide variety of innovative and high-quality products
utilizing the latest lightweighting and finishing technologies.
Superior also maintains leading aftermarket brands including ATS®,
RIAL®, ALUTEC®, and ANZIO®. Headquartered in Southfield, Michigan,
Superior is listed on the New York Stock Exchange. For more
information, please visit www.supind.com.
version on businesswire.com: https://www.businesswire.com/news/home/20210218005086/en/
Superior Investor Relations: Troy Ford (248) 234-7104