Lear Donnelly Overhead Systems L.L.C. Appoints President/Chief Executive Officer
30 January 1998
Lear Donnelly Overhead Systems L.L.C. Appoints President/Chief Executive Officer
DETROIT, Jan. 30 -- Richard Perreault has been named
president and chief executive officer of Lear Donnelly Overhead Systems L.L.C.
The announcement came today from Kenneth L. Way, chairman and chief executive
officer of Lear Corporation , and Dwane Baumgardner, chairman and
chief executive officer of Donnelly Corporation .
In his new position, Perreault is responsible for all aspects of Lear
Donnelly's global operations, including defining the strategic direction for
the newly formed company.
Perreault, 38, assumes his new position with over 20 years of experience
in the automotive industry, and has worked for industry-leading companies
including General Motors and Magna. Most recently, he worked as the director
of mergers and acquisitions for Lear Corporation.
"Richard has the right combination of strengths and experiences to
effectively lead Lear Donnelly as it becomes a leading, fully functioning
automotive supplier with complete capabilities to design, market, produce and
distribute overhead interior systems," said Dwane Baumgardner. "His
experience on both the automaker and the supplier side of the industry gives
him great insight into the needs of the automotive customers around the
world."
A native of Quebec, Canada, Perreault earned a bachelor's degree in
industrial administration and finance from the General Motors Institute (now
Kettering University), and a master's degree in industrial and systems
engineering from the University of Michigan.
Lear Donnelly Overhead Systems L.L.C. is a 50-50 joint venture between
Southfield, Michigan-based Lear Corporation and Holland, Michigan-based
Donnelly Corporation. A supplier to nearly every automaker worldwide, Lear
Donnelly designs, develops, markets and manufactures overhead systems,
headliners, overhead consoles and lighting components, vehicle electrification
interfaces, electronic components and assist handles. The company currently
has manufacturing facilities in the United States, Ireland, the United Kingdom
and the Czech Republic.
A Fortune 500 company, Lear Corporation is one of the world's largest
automotive interior suppliers, with 1996 sales of over $6.2 billion. The
company's world-class products are designed, engineered and manufactured by
more than 50,000 employees in over 170 facilities located in 25 countries.
Information about Lear and its products is available on the Internet at
http://www.lear.com.
Donnelly Corporation is an international automotive supplier, dedicated to
serving customers around the globe with industry-leading components and
systems in automotive mirrors, windows and interior lighting and trim. The
company has been based in Holland, Michigan since 1905, and today has
approximately 5,000 employees operating in 11 countries worldwide. Donnelly
is recognized as a leader in the application of participative management, and
has been named to Fortune magazine's list of the "100 Best Companies to Work
for in America."
SOURCE Lear Donnelly Overhead Systems L.L.C.