London’s Delphi Technologies, which has its North American headquarters in Troy, today announced the appointment of Richard F. Dauch as CEO, effective immediately. He will also join the company’s board of directors.
Delphi is a vehicle propulsion systems technology company. Dauch succeeds Hari N. Nair, who served as interim CEO since October 2018.
“We are pleased to announce Rick Dauch’s appointment as CEO. He is a strong executive with more than 25 years of industry experience, including 10 years serving in CEO roles with private and publicly traded companies,” says Timothy M. Manganello, nonexecutive chairman of the company’s board of directors. “Rick’s deep industry expertise, leadership qualities, and track record of driving operational excellence and profitable growth make him an outstanding choice to lead Delphi Technologies during a time of dynamic industry change. The board would also like to thank our fellow board member Hari Nair for his leadership as interim CEO while we conducted the search for a permanent CEO.”
Dauch has served as president and CEO of Accuride Corp. since February 2011 and is a former president and CEO of Acument Global Technologies. He worked for American Axle and Manufacturing for 13 years, where he last served as executive vice president of worldwide manufacturing for the global automotive supplier of driveline, drivetrain, and chassis systems.
He started his career with United Technologies. Dauch served as an officer in the U.S. Army for seven years after earning a bachelor’s degree from the United States Military Academy at West Point. He went on to complete master’s degrees in management and engineering from the Massachusetts Institute of Technology.
“This is an exciting time to be a part of and lead the Delphi Technologies team as we continue to supply our global customer base with an industry-leading portfolio of internal combustion engine, hybrid, and electric propulsion solutions,” says Dauch. “I look forward to our global team creating even greater long-term value for our customers and shareholders as we complete our full transition to a stand-alone company and continue to advance our technology leadership position. With the support of our experienced board of directors and working with our leadership team, we will continue to drive execution on consistent strategies for long-term profitable growth.”
Delphi focuses on providing electric vehicle and internal combustion engine propulsion solutions, as well as working to solve emissions and fuel economy challenges for OEMs.