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Manoogian to resign from Metaldyne board

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  • Manoogian to resign from Metaldyne board

    Manoogian to resign from Metaldyne board

    Crain's Detroit Business
    April 26, 2005

    By Terry Kosdrosky

    Richard Manoogian will resign from the board of directors of
    Plymouth-based auto supplier Metaldyne Corp., effective May 4.

    Manoogian, 68, is also chairman and CEO of Taylor-based Masco
    Corp. Manoogian was chairman of MascoTech Inc. when it was acquired by
    Heartland Industrial Partners L.P. and became part of Metaldyne.

    Manoogian decided to leave Metaldyne's board mostly because of time
    constraints and also because new corporate governance guidelines that
    call for membership on no more than two boards, said Samuel Cypert,
    vice president of investor relations for Masco.

    Manoogian is already on the board of Ford Motor Co. and JP Morgan
    Chase & Co.


    http://www.crainsdetroit.com/cgi-bin/news.pl?newsId=5901
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