Accuride (ACW) Chair Lasky Steps Down; Lead Director Risner to Assume Role

April 24, 2012 4:47 PM EDT
Accuride Corporation (NYSE: ACW), announced that William M. Lasky has stepped down from his role as Chairman of Accuride’s Board of Directors, as of today. Accuride last month announced Lasky’s decision not to seek re-election following the conclusion of his term today. His departure concludes more than three-and-a-half years of dedicated service to Accuride Corporation during an important period in the company’s development.

Accuride’s Board of Directors has elected its Lead Independent Director John W. Risner as Chairman of the Board of Directors, effective immediately. A member of Accuride’s Board since February 2010, Risner brings extensive expertise in finance, directorship and corporate governance to his new role. He has served as President of The Children’s Tumor Foundation since 2005, after joining the Foundation as Treasurer in 2002. From 1997 to 2002, Risner served as a Senior Vice President and Senior Portfolio Manager – High Yield Bonds at AIG/Sun America Asset Management. From 1991 to 1997, he was Vice President – Senior Portfolio Manager at Value Line Asset Management. Risner serves on the board of directors, audit and finance committees of NII Holdings, and previously served on the board of directors of Airgate PCS and UGC Europe. He earned a Bachelor of Science degree from the University of Maryland, an M.B.A. from Fordham University, and is a Chartered Financial Analyst.


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