Shareholders of Accuride Corporation elected Robin J. Adams and James R. Rulseh to serve on the company’s Board of Directors during Accuride’s 2013 Annual Meeting of Stockholders held Wednesday.
Adams and Rulseh fill the vacancies created by the departure of former directors Stephen S. Ledoux and Benjamin C. Duster, IV.
“We are very pleased to have Robin and Jim join our Board, bringing with them a wealth of strategic and operational leadership experience gained from their decades of service to the global transportation industries,” Accuride President and CEO Rick Dauch says. “Their deep international operations and corporate finance expertise will strengthen our pursuit of strategic opportunities as we grow Accuride organically, as well as through potential acquisitions and partnerships. Their election serves to further diversify our Board, bringing proven counsel and fresh perspectives to our ongoing efforts to add value to shareholders.”
Stockholders re-elected current board members Keith E. Busse, Richard F. Dauch, Robert E. Davis, Lewis M. Kling, and John W. Risner to hold office until the 2014 annual meeting. Davis was elected by stockholders for the first time, after being appointed to the Board earlier this year pursuant to an agreement between Accuride and its largest shareholder Cetus Capital and certain of its affiliates reached in December 2012. Ledoux and Duster chose not to stand for re-election. Both based their decisions on the additional time commitments and significant international travel now required of them due to recently assuming additional responsibilities in their professional careers.