Remy International, Inc. – a manufacturer, remanufacturer and distributor of starters and alternators – Friday announced President and Chief Executive Officer John H. Weber has stepped down.
Weber will remain a member of the Board of Directors, while Senior Vice President and Chief Commercial Officer John J. (Jay) Pittas has been named the company’s new President and Chief Executive Officer.
In his seven year tenure, Weber led Remy from bankruptcy to a listing on the NASDAQ Stock Exchange in December.
“I have decided it is the right time for me personally to step back from day-to-day management responsibilities at Remy,” Weber says . “I am excited to remain involved with Remy in an oversight and advisory role as a member of the Board of Directors, as well as a significant shareholder.”