July 30, 2016 8:21 PM ET

Auto Components

Company Overview of Nexteer Automotive Group Limited

Company Overview

Nexteer Automotive Group Limited, an investment holding company, designs, manufactures, and supplies steering and driveline systems and components for automobile manufacturers and other automotive-related companies in North America, Europe, and China. It provides electric power steering (EPS) products, including column, pinion, and rack assist electric power steering products, as well as EPS intermediate shafts and rack assist EPS; and hydraulic power steering products, such as variable-effort power steering, rack and pinion steering gears, recirculating ball steering gears, power steering pumps, CB pumps with direct intake, power steering and high flow reservoirs, power steering hose sets, ...

3900 East Holland Road

Saginaw, MI 48601

United States

Founded in 1906

11,600 Employees

Phone:

989-757-5000

Key Executives for Nexteer Automotive Group Limited

Chief Strategy Officer, Senior Vice President and Executive Director
Age: 60
Total Annual Compensation: $970.0K
Vice President, Joint Company Secretary and Executive Director
Age: 50
Total Annual Compensation: $649.0K
Compensation as of Fiscal Year 2015.

Nexteer Automotive Group Limited Key Developments

Nexteer Automotive Announces the Opening of the Suzhou Prototype Center Phase II

Nexteer Automotive has announced the opening of the Suzhou Prototype Center Phase II. The center's assembly stations and equipment were designed to replicate the production manufacturing process, and are fully compliant with the Nexteer global quality control guidelines and requirements. More than 2,500 prototypes are planned for manufacturing in 2016. The facility will also provide ongoing structure for product and process innovation.

Nexteer Automotive Group Limited Appoints Mr. William QUIGLEY as Senior Vice President and Chief Financial Officer

The board of directors of Nexteer Automotive Group Limited announced that it has appointed Mr. William QUIGLEY as a senior vice president and chief financial officer of the company, with effect from June 6, 2016.

Nexteer Automotive Group Limited Approves Final Dividend for the Year Ended December 31, 2015, Payable on June 23, 2016; Approves Appointment of Bresson Laurent Robert as Executive Director

Nexteer Automotive Group Limited announced that at its AGM held on June 6, 2016 the shareholders approved a final dividend of $0.016 per ordinary share of HKD 0.10 each for the year ended December 31, 2015. The final dividend is payable on June 23, 2016 and the record date for entitlement to the proposed final dividend is June 15, 2016. The shareholders of the company also approved the appointment of Mr. Bresson Laurent Robert as an Executive Director of the company.

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