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Company Overview of Key Safety Systems, Inc.

Company Overview

Key Safety Systems, Inc. designs, develops, manufactures, and supplies advanced engineered safety products for global automotive and non-automotive markets worldwide. The company offers active safety products, such as autonomous technologies, event protection, and integrated safety and electronics; passive safety products, including airbags, inflators, seatbelts, and steering wheels; and specialty products, such as aerospace, industrial, personal protection, and ultra-premium products. It serves active safety, passive safety, and specialty product sectors. The company was formerly known as BREED Technologies, Inc. and changed its name to Key Safety Systems, Inc. in September 2003. Key Safety...

7000 Nineteen Mile Road

Sterling Heights, MI 48314

United States

Founded in 1986

16,300 Employees

Phone:

586-726-3800

Fax:

586-726-4222

Key Executives for Key Safety Systems, Inc.

Vice Chairman, Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Age: 47
Chief Technology Officer and President of Active Safety Division
President of Key Plastics LLC and Chief Operating Officer - Key Plastics LLC
President of Passive Safety Division and President of Asia
Compensation as of Fiscal Year 2016.

Key Safety Systems, Inc. Key Developments

Bain Capital Reportedly Joined KSS to Rescue Takata

Bain Capital, LP has joined Key Safety Systems, Inc. (KSS) in bid to rescue Takata Corporation (TSE:7312), sources reported. A financial source briefed on the matter told Reuters Bain was bidding with KSS, adding that potential bidders for Takata have favored a court-led turnaround of its Japanese operations, which could lessen their exposure to Takata's existing liabilities. Takata is also considering a bankruptcy filing for its U.S. unit, sources told Reuters.Daicel Corporation (TSE:4202) has also joined the KSS consortium, the Nikkei said, adding that the two bidding parties plan to present their proposals as early as this week .Takata said it had nothing to disclose following the report, and a spokeswoman for Bain declined to comment on whether it remained in the running to sponsor Takata. The financial source did not say whether Daicel will join the KSS consortium. Daicel declined to comment.

Key Safety Systems Appoints Mark Decker as Senior Vice President, Global Human Resources

Key Safety Systems announced the appointment of Mark Decker to the position of Senior Vice President, Global Human Resources. Mark comes to KSS with 25 years of global automotive industry experience. His career has spanned multiple plant, division and corporate HR roles with Ford Motor Company, Visteon Corporation, Meridian Automotive Systems and Fisker Automotive. More recently, he has served as the Vice President, Chief Human Resources Officer for Nexteer Automotive.

Autoliv And Key Safety Systems Emerge As Final Bidders For Takata

Autoliv, Inc. (NYSE:ALV) and Key Safety Systems, Inc. are final bidders for the takeover of Takata Corporation (TSE:7312). Takata has been seeking investors to help ride out hard times.

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