American Axle (AXL) Tops Q2 EPS by 4c

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American Axle (AXL) Appoints New CFO; Announces Other Executive Changes

July 31, 2015 8:34 AM EDT

American Axle (NYSE: AXL) announced the appointment of Michael K. Simonte to President and Christopher J. May to Vice President & Chief Financial Officer effective August 1, 2015. David C. Dauch will remain as Chairman and Chief Executive Officer. Mr. Simonte and Mr. May will report to Mr. Dauch.

Michael K. Simonte, 51, has been with AAM for nearly 17 years, most recently serving as Executive Vice President & CFO and previously, Treasurer. His experience while in these senior corporate positions includes external reporting, internal controls, global tax planning, financial strategy, budgeting, forecasting, capital structure oversight, cash management... More

American Axle (AXL) Selected to Provide Axles, Driveshafts on GM's Next Full-Size Truck Program

July 31, 2015 8:11 AM EDT

American Axle (NYSE: AXL) announced that it has been selected as target supplier to provide axles and driveshafts for GM's next generation full size truck program under GM's Strategic Sourcing Process (SSP).

A key objective of the SSP is to involve critical suppliers earlier in the process of designing and developing future... More