Former President of General Motors Europe Elected to Board of Directors
24 September 1999
POWERWAY, Inc. Elects Former President of General Motors Europe, Richard M. Donnelly, to Board of DirectorsINDIANAPOLIS -- POWERWAY, Inc., an Indianapolis-based compliance management software, training, and consulting solutions provider, announced today the appointment of Richard M. Donnelly to the company's Board of Directors. The appointment of Mr. Donnelly, who served as President of General Motors Europe (GME) from 1995 to 1998, was unanimously approved at a meeting of POWERWAY's Board of Directors held on August 17. "We are very pleased to have Dick Donnelly join our Board of Directors," said Mike Campbell, President and CEO of POWERWAY. "His appointment is a major step for POWERWAY as it will strengthen the board at a critical time prior to our anticipated public offering next year. Donnelly's prominence in the automotive industry and his global business experience will provide benefits to POWERWAY in many ways, especially as we endeavor to expand in our domestic and overseas automotive markets." As President of General Motors Europe, Donnelly had profit and loss responsibility for a business with annual revenues of $25 billion, 80,000 employees, production in 11 countries, and annual sales of 1.9 million vehicles in 42 countries. Donnelly also served as Chairman of GM's European Strategy Board and as a member of GM's Global and International Strategy Boards. In addition to serving on the Board of Directors of Saab Automobile and Isuzu Motors, Donnelly has extensive experience in lean manufacturing, including his experience as Director of Manufacturing for Isuzu in Japan. In 1999, Donnelly became a consultant focusing on strategies for manufacturing, restructuring, and globalization. He is a graduate engineer from Kettering University, attended advanced courses at Harvard, and holds an MBA from the State University of New York at Buffalo. Since 1987, POWERWAY, Inc. has delivered software and educational programs to the professionals responsible for maintaining compliance to industry- specific standards and regulations. Today, more than 35,000 of these professionals depend on POWERWAY to keep them productive. POWERWAY currently offers thirteen software applications, as well as numerous consulting, training and implementation services. These products are specifically designed to cut the time and costs required to complete document intensive tasks, control processes, or implement compliance management systems.