STOCK TITAN

AAM Names Michael J. Lynch President Driveline Business Unit

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

American Axle & Manufacturing (AXL) announced Michael J. Lynch as the new President of its Driveline Business, effective Nov. 1, 2021. Lynch, who has been with AAM since 1996, previously served as Vice President, Finance and Controller. The company's CEO, David C. Dauch, expressed confidence in Lynch's leadership and experience to drive stability and innovation within the global driveline operations, particularly highlighting advancements in Electric Drive technologies. AAM operates nearly 80 facilities globally, employing about 20,000 associates.

Positive
  • Michael J. Lynch's long-standing experience with AAM is expected to provide stability and leadership.
  • Focus on innovative technologies like Electric Drive products could enhance AAM's competitive position.
Negative
  • None.

DETROIT, Nov. 1, 2021 /PRNewswire/ -- American Axle & Manufacturing named Michael J. Lynch President, Driveline – Business, effective today. Previously, Lynch was AAM Vice President, Finance and Controller.

"We are extremely pleased to announce Mike as the new President of AAM Driveline," said David C. Dauch, AAM Chairman and Chief Executive Officer. "Mike's knowledge and history of AAM provides stability and outstanding leadership for our global driveline operations as we continue to support our core business while expanding with innovative new technologies such as our award-winning Electric Drive product offerings."

Lynch joined AAM in 1996 as a Financial Analyst at the Detroit Manufacturing Facility. Since then, he has served in various financial positions with increasing responsibility including Supervisor, Cost Estimating; Finance Manager, Albion Automotive; Finance Manager, Forging Division; Finance Manager, Detroit Manufacturing Facility; Director, Driveline Finance; Director, Commercial Analysis; Controller; and Vice President, Driveline Business Performance & Cost Management.

Lynch received a Bachelor of Business Administration from Walsh College. He also has earned a Master of Science in Finance and a Masters in Accounting from Walsh College.  

About AAM

AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global Tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. To learn more, visit aam.com.

Contact: Andrea Knapp, andrea.knapp@aam.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aam-names-michael-j-lynch-president-driveline-business-unit-301413307.html

SOURCE American Axle & Manufacturing Holdings, Inc.

FAQ

Who is the new President of American Axle & Manufacturing's Driveline Business?

Michael J. Lynch is the new President of American Axle & Manufacturing's Driveline Business, effective Nov. 1, 2021.

What was Michael J. Lynch's position before becoming President?

Before becoming President, Michael J. Lynch served as Vice President, Finance and Controller at AAM.

What are AAM's plans regarding Electric Drive technologies?

AAM aims to expand its offerings with innovative technologies, including award-winning Electric Drive products.

How many facilities does AAM operate globally?

AAM operates nearly 80 facilities in 17 countries worldwide.

When was Michael J. Lynch appointed as President of AAM Driveline?

Michael J. Lynch was appointed as President of AAM Driveline effective Nov. 1, 2021.

American Axle & Manufacturing Holdings, Inc.

NYSE:AXL

AXL Rankings

AXL Latest News

AXL Stock Data

729.36M
117.58M
3.99%
93.98%
3.44%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
DETROIT