American Axle & Manufacturing Holdings, Inc. Appoints Samuel Valenti III as Independent Director of the Board
October 30, 2020 at 04:50 pm EDT
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On October 28, 2020, the Board of Directors of American Axle & Manufacturing Holdings, Inc. ("AAM") elected Samuel Valenti III as an independent director of the Board. Mr. Valenti will serve as a Class I director for a term expiring on the date of AAM's 2021 annual meeting of stockholders, at which time it is expected he will stand for re-election. The Board appointed Mr. Valenti to serve on the Audit, Compensation and Nominating/Corporate Governance Committees of the Board. Mr. Valenti re-joins AAM's Board on October 29, 2020, having previously served from 2013 until his retirement from the Board upon the expiration of his term of office on May 7, 2020. As a result of Mr. Valenti's appointment, the Board expanded the size of the Board from 9 to 10 directors.
American Axle & Manufacturing Holdings, Inc. is an automotive and mobility supplier. The Company designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The Company operates through two segments: Driveline and Metal Forming. Driveline products consist primarily of front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs), passenger cars and commercial vehicles. Its Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets.
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. 
