DETROIT, July 14, 2017 /PRNewswire/ -- American Axle &
Manufacturing (AAM) (NYSE: AXL) has named Olaf Bongwald President
AAM Driveline – Europe. In this
role, Bongwald will lead AAM's European driveline business,
succeeding Michael J. Bly who has
been appointed AAM's global sales lead for the Driveline Business
Unit. In addition to his leadership of the European driveline
business, Bongwald will also be responsible for profitably growing
and globalizing AAM's electric drive and hybrid drive business.
![AAM logo (PRNewsfoto/American Axle & Manufacturing) AAM logo (PRNewsfoto/American Axle & Manufacturing)](https://mma.prnewswire.com/media/526564/AAM_Logo.jpg)
"We are extremely pleased to announce the addition of Olaf to
AAM's executive team," said David C.
Dauch, AAM Chairman and Chief Executive Officer. "Electric
drive and hybrid drive systems are quickly becoming a critical part
of our driveline technology portfolio. Strengthening AAM's
leadership capability in this area of strategic focus is an
important priority for us and Olaf's global technical and
operational experience will be instrumental in advancing this
global effort as well as our driveline business in Europe."
Prior to joining AAM, Bongwald was Vice President Magna
Electronics Global for Magna Electronics. In this role, Bongwald
was responsible for leading Magna Electronics within Germany, Austria, Italy, USA,
Canada, Mexico, Taiwan and China. In his 18-year career
at Magna, he held several executive positions.
Bongwald serves on the board of EDAG Engineering GmbH. He has a
degree in engineering from TU Dortmund,
Germany.
Bongwald will be located at AAM's European Headquarters and
Engineering Center in Bad Homburg, Germany.
About AAM
AAM (NYSE: AXL) is a premier, global leader
in design, engineering, validation and manufacturing of driveline,
metal forming, powertrain, and casting technologies for automotive,
commercial and industrial markets. Headquartered in Detroit, AAM has over 25,000 associates
operating at more than 90 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 www.aam.com.
Media Contact:
Andrea
Knapp
(313) 758-2730
andrea.knapp@aam.com
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SOURCE AAM