Dauch Corporation names two new board members

Dauch Corporation (NYSE: DCH) announced the appointment of Simon Mackenzie Smith and Fiona MacAulay to its Board of Directors, according to a company statement.

The Detroit-based automotive supplier said the appointments follow its recent acquisition of Dowlais Group plc and its subsidiaries, GKN Automotive and GKN Powder Metallurgy. Both new directors previously served on the Dowlais Group plc board.

"They bring extensive experience across multiple industries and jurisdictions, including deep understanding of the European market at a transformational time for our company," said David C. Dauch, Chairman and Chief Executive Officer.

Mackenzie Smith brings over 35 years of investment banking experience in corporate finance and mergers and acquisitions. He previously served as chair of Corporate and Investment Banking UK and Ireland at Bank of America Merrill Lynch before retiring in 2021. His advisory work included Royal Dutch Shell plc's $52 billion acquisition of BG Group Plc in 2016. He currently serves as chair of TORM plc.

MacAulay has more than 35 years of experience in the oil, gas and resources sector. She held executive positions including Chief Executive Officer of Echo Energy PLC and Chief Operating Officer of Rockhopper Exploration PLC. Since December 2018, she has focused on non-executive and advisory roles within the resources and industrials sector.

Dauch Corporation operates as a driveline and metal forming supplier to the global automotive industry, with operations spanning 24 countries and more than 175 locations. The company provides products for electric, hybrid, and internal combustion vehicles.

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