Superior Industries Names Youngblood President of Aftermarket Accessories Division
VAN NUYS, Calif.--Dec. 11, 2001--Superior Industries International, Inc. announced today that Don Youngblood has been named President of the Company's Aftermarket Accessories Division, which is based in West Memphis, Ark."Don Youngblood is an aftermarket veteran with 25 years of experience in the auto parts industry. Under Don's able leadership, we plan to rejuvenate our aftermarket business with the launch of many new products, several all-new product lines, and colorful and dynamic new packaging. We welcome Don to our management team and look forward to continuing to supply our customers with the best functional and decorative accessories in the aftermarket industry," said Louis L. Borick, President and Chairman.
Youngblood, 54 years old, joins Superior after serving since 1997 as President and CEO of Cadna Automotive, an automotive aftermarket manufacturer based in Memphis, Tenn. Previously he was President and CEO of FrictionMaster, Inc., Memphis, Tenn., a brake friction manufacturer and re-builder he founded in 1993. From 1976 to 1993, he served in various positions of increasing responsibility at Atlantic Pacific Automotive, Memphis, Tenn., most recently as Executive Vice President and Chief Operating Officer.
About Superior Industries
Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Toyota, Audi, Land Rover, MG Rover, Volkswagen, Mazda, Mitsubishi, Nissan and Isuzu. For additional information, visit Superior's Web site at www.supind.com.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.