Appointments Announced at Remy International

Remy International, Inc. today announced the appointment of two senior officers.
Kerry Shiba, who has served as chief financial officer since May 2006 will now focus his energy exclusively on leading the Remy OE organization as senior vice president of Remy International and president of the OE business.
Doug Laux joins as chief financial officer of Remy International.
Both positions are effective immediately.
“Kerry has done an excellent job in his role as CFO with the sale of our diesel business and with the recent financial restructuring work.
“He will continue to contribute to our success by focusing on leadership of the OE business,” said John Weber, President and CEO.
Doug Laux joins Remy as chief financial officer. For the last 12 years, Mr. Laux has had a number of financial leadership roles at both publicly traded and privately held companies including EaglePicher and IdeaCast.
He has served in such positions as chief financial officer, chief restructuring officer, and as an independent consultant for several companies.
“We are very excited to have Doug join the Remy leadership team.
“Doug’s depth of experience will be invaluable to Remy’s future,” Weber commented.
Remy International, headquartered in Anderson, Indiana, is a leading manufacturer, remanufacturer and distributor of Delco Remy brand heavy-duty systems and Remy brand starters and alternators, locomotive products and hybrid power technology.
The Company also provides a worldwide components core-exchange service for automobiles, light trucks, medium and heavy-duty trucks and other heavy-duty, off-road and industrial applications.