Growth strategies

Accuride appoints interim CEO

Accuride Corporation has appointed Jason Luo interim president and CEO. Luo has been a director of Accuride since March 2018 and also serves as a senior advisor to Crestview Partners, the majority owner of Accuride. The board of directors has begun a search for a permanent CEO for Accuride.

“Since our investment in Accuride in 2016, the company has embarked on a strategy to transform itself from a North American supplier into a global leader. Over the past two years, Accuride has more than doubled its revenues after completing two acquisitions which added substantial operations in Europe and Asia,” says Thomas S. Murphy Jr., Accuride chairman of the board of directors.

“We are excited to continue to execute on this strategy with Jason Luo as interim CEO of the company. Crestview and Jason have worked together closely and successfully for over a decade and Accuride is fortunate to have such a talented and highly respected executive lead the company’s outstanding team as we search for a permanent CEO,” Murphy says.

Luo was formerly chairman and CEO of Ford China and, prior to that, president and CEO of Key Safety Systems.

The appointment follows the board’s acceptance of Rick Dauch’s resignation from his Accuride executive positions and as a director following his appointment as the CEO of Delphi Technologies, according to the company. “We thank Rick for his contributions to Accuride and wish him well in his future endeavors,” Murphy says.

Dauch says, “It has been my honor and privilege to lead this world-class team of talented and committed employees since 2011. Accuride today is well positioned to continue its strategic global expansion and I have every confidence in its future success.”

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover