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Advanced Accessory Systems Announces Executive Appointments

15 April 1999

Advanced Accessory Systems Announces Executive Appointments

    STERLING HEIGHTS, Mich., April 15 -- The Board of Managers of
Advanced Accessory Systems today announced the appointment of Terence C.
Seikel, formerly Chief Financial Officer, as President and Chief Executive
Officer.
    The Board also appointed Richard E. Borghi, formerly Executive Vice
President, as President and Chief Operating Officer of the SportRack
operations of AAS.  Messrs. Seikel and Borghi were elected to the Board of
Managers of AAS.
    Marshall D. Gladchun, President and CEO since 1995, has left the company
to pursue other interests.  The Board expressed its appreciation to Mr.
Gladchun for his vision and leadership in the early stages of the company's
formation and wished him the best in his future endeavors.
    "We are in a strong position after last year's record sales of
approximately $300 million and will continue to expand our position as the
world's leading supplier of automotive OEM and aftermarket exterior
accessories," Chairman F. Alan Smith said.  "This re-alignment of our top
management provides a continuation of experienced and dedicated leadership to
capitalize on our future opportunities."