Haymaker Appointed as the Seventh and Final Director of Hayes Lemmerz' Board
NORTHVILLE, Mich., Aug. 19, 2003 -- Hayes Lemmerz International, Inc. (BULLETIN BOARD: HAYZ) , announced today that George T. Haymaker, Jr. has been appointed to serve as lead director on its board of directors. The appointment represents an addition to the board, increasing to seven the total number of directors at the Company.
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Mr. Haymaker, 65, has been non-executive Chairman of the Board of Kaiser Aluminum Corporation since October 2001. Mr. Haymaker served as Chairman of the Board and Chief Executive Officer of Kaiser Aluminum Corporation from January 1994 until January 2000, and as non-executive Chairman of the Board of Kaiser Aluminum Corporation from January 2000 through May 2001. Mr. Haymaker also is a director of 360networks Corporation; Flowserve Corporation; a director of CII Carbon, L.L.C.; and non-executive Chairman of the Board of Directors of Safelite Glass Corp. Since July 1987, Mr. Haymaker has been a director, and from February 1992 through March 1993 was President of Mid- America Holdings, Ltd. (formerly Metalmark Corporation).
Mr. Haymaker received both a bachelor's degree in Metallurgy and Master of Science degree in Industrial Management from the Massachusetts Institute of Technology and an M.B.A. from the University of Southern California.
Other members of the new Board of Directors of Hayes Lemmerz include Curtis J. Clawson, Chairman and CEO of Hayes Lemmerz; Laurence M. Berg, Senior Partner, Apollo Management, LLP; Dr. William H. Cunningham, James L. Bayless Chair for Free Enterprise, The University of Texas at Austin; Steve Martinez, Principal, Apollo Management, LLP; Henry D.G. Wallace, retired Group Vice President, Ford Motor Company; and Richard F. Wallman, retired Senior Vice President and Chief Financial Officer, Honeywell International, Inc.
Hayes Lemmerz International, Inc. is the world's leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components. The Company has 43 plants, 3 joint venture facilities and 11,000 employees worldwide.
This press release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations and beliefs concerning future events that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. All statements other than statements of historical facts included in this release are forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements include the factors set forth in our periodic reports filed with the SEC. Consequently, all of the forward looking statements made in this press release are qualified by these and other factors, risks, and uncertainties.
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