Hayes Lemmerz CFO & Executive VP Yost Resigns

The CFO and executive vice president of Hayes Lemmerz, James A. Yost, has announced his resignation from the company. Mr. Yost, who has been with Hayes Lemmerz since 2002, is taking up a similar position at Dana Holding Corporation.

“It has been a pleasure working with the Hayes management team over the past six years. Helping the company emerge from reorganisation into a strong, global automotive supplier has been a great experience. The company is poised for continued success and I wish the team well,” said Yost.

“Jim has been a key member of the management team, helping the Company execute its restructuring, building a strong international finance team, establishing a solid capital structure and advising me and the Board on important issues,” said Curtis J. Clawson, president, CEO and chairman of the Board. “We will miss his experience and capabilities, but we wish him well in his new position.”