July 23, 2017 6:18 AM ET

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Company Overview of Metaldyne Performance Group Inc.

Company Overview

Metaldyne Performance Group Inc. produces and sells components for use in powertrain and safety-critical platforms in the United States, Europe, Asia, and internationally. It operates through three segments: HHI, Metaldyne, and Grede. The HHI segment manufactures highly-engineered metal-based products, including transmission components, drive line components, wheel hubs, axle ring and pinion gears, sprockets, balance shaft gears, timing drive systems, VVT components, transfer case components, and wheel bearings. The Metaldyne segment manufactures highly-engineered metal-based powertrain products, such as connecting rods, VVT components, balance shaft systems, crankshaft dampers, differential...

One Towne Square

Suite 550

Southfield, MI 48076

United States

Founded in 2010

12,000 Employees

Phone:

248-727-1800

Key Executives for Metaldyne Performance Group Inc.

Chairman and Chief Executive Officer
Age: 52
President and Director
Age: 53
Chief Financial Officer and Vice President
Age: 47
Vice President, General Counsel, Secretary and Director
Vice President of Tax and Treasurer
Compensation as of Fiscal Year 2017.

Metaldyne Performance Group Inc. Key Developments

Metaldyne Performance Group Files Form 15

Metaldyne Performance Group Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

Metaldyne Performance Group Inc. Announces Executive Changes

On April 6, 2017, American Axle & Manufacturing Holdings Inc. (AAM) completed the previously announced acquisition of Metaldyne Performance Group Inc. (Company), through the merger of Alpha SPV I Inc., a wholly owned subsidiary of AAM (Merger Sub), with and into the Company (Merger), pursuant to the Agreement and Plan of Merger, dated as of November 3, 2016, by and among the Company, AAM and Merger Sub (Merger Agreement). In connection with the Merger, each of the directors of the Company resigned as of the Effective Time and, pursuant to the terms of the Merger Agreement, the following individuals were appointed as directors of the Company as of the Effective Time: David C. Dauch, Michael K. Simonte and David E. Barnes. In connection with the Merger, at the request of AAM, each of the following persons agreed to relinquish their positions in the following offices of the Company, effective as of the Effective Time: George Thanopoulos, Chief Executive Officer; Mark Blaufuss, Chief Financial Officer; Douglas Grimm, President and Chief Operating Officer; Gary Ford, Vice President, Chief Accounting Officer and Controller; Thomas M. Dono, Jr., Executive Vice President, General Counsel and Secretary; and Russell Bradley, Executive Vice President of Sales. Effective as of the Effective Time, the following individuals were appointed as executive officers of the Company: David C. Dauch as Chief Executive Officer; Michael K. Simonte as President; and Christopher J. May as Vice President & Chief Financial Officer.

Metaldyne Performance Group’s Shares To Be Delisted From New York Stock Exchange Upon Completion Of The Acquisition

American Axle & Manufacturing Holdings, Inc. (AAM) announced that it has completed the acquisition of Metaldyne Performance Group Inc. (MPG). The transaction was unanimously approved by the boards of directors of both companies and recently approved by stockholders of AAM and MPG. Upon completion of the acquisition, MPG became a wholly-owned subsidiary of AAM. As a result, MPG shares ceased trading on the New York Stock Exchange prior to market open April 6, 2017 and will be delisted.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 3, 2016
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