Dura Automotive CFO David Bovee to Retire

first_imgROCHESTER HILLS, MI — Dura Automotive Systems announced this week CFO David Bovee will retire March 1 after more than 32 years with Dura and its predecessor companies. Bovee will be succeeded by the company’s current vice president and corporate controller, Keith Marchiando, who will become chief financial officer effective March 1. Bovee will remain with Dura Automotive until April 1, to facilitate an orderly transition. AdvertisementClick Here to Read MoreAdvertisement During his tenure, Bovee ushered the company through 19 acquisitions that helped build Dura from a $100 million U.S. company into a $2.5 billion company with global operations in 15 countries. Keith Marchiando has served as Dura’s vice president and corporate controller since joining the company in April 2003. In this role, Marchiando has had primary responsibility for directing Dura’s accounting, global strategic planning, forecasting and business reporting processes. In addition, he has extensive experience in international finance and instituting effective analytical practices. Prior to joining DURA in 1997, Marchiando joined the Dow Chemical Co. and was instrumental in the formation of Dow Automotive, a $1.3 billion business unit, where he held the position of global finance director. Marchiando began his career at Ford Motor Co. in 1990, where he held finance positions of increasing responsibility in manufacturing, purchasing and product development. For more information about Dura Automotive, visit: www.duraauto.com. _______________________________________ Click here to view the rest of today’s headlines.last_img

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