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Tower International Announces Leaner Leadership Structure

Auto News - Published on Wed, 19 Jun 2019

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Tower International Inc announced management changes to better align the company to a leaner organization. Mr Reid Southby has joined Tower International as Executive Vice President and General Manager of Tower North America. In this newly created role, Mr Southby will have responsibility for Tower’s operations in the region and will report to Tower CEO Mr Jim Gouin. Mr Southby joins Tower from GKN where he most recently served as President Global Large Segment Operations, GKN Sinter Metals. An auto industry veteran, Southby began his career at General Motors and has had positions of increasing responsibility at American Axle Manufacturing and Magna Powertrain.

With the completion of the divestiture of Tower Europe, Tower President Pär “Pelle” Malmhagen, has elected to leave the company following an orderly transition with Southby in North America. Malmhagen joined Tower in 2012 as President Tower Europe where he strengthened the leadership of Tower Europe, improved customer launches and introduced lightweighting technologies. In January 2017, he was appointed President of Tower International with overall responsibility for Tower’s North American and European businesses. During his tenure, he played a key role the in the expansion of Tower’s customer base and was instrumental in the sale of Tower Europe. Upon Malmhagen’s departure, the role of President of Tower International will be consolidated with the CEO role.

Mr Doug Wagner has been promoted to Senior Vice President, Sales Operations reporting to Gouin. In this role Wagner will continue to lead Tower’s interaction with existing customers, oversee existing and new customer expansion initiatives and provide strategic insights aligned with Tower’s key company objective of profitable revenue growth.

Mr Derek Fiebig has been promoted to Vice President, Investor Relations and Corporate Communications reporting to Gouin. In this role Fiebig will have responsibility for the communication of all initiatives related to Tower’s strategy, growth prospects and financial performance to the financial community, media and Tower colleagues.

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Posted By : Mohan Sharma on Wed, 19 Jun 2019
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