Superior Industries names new CEO

Superior Industries International announces Donald J. Stebbins as its president and CEO effective May 5, succeeding Steven J. Borick, who retired March 31. He will also join Superior’s board of directors, filling a vacancy as Borick steps off the board.

“We are pleased to have attracted an executive of Don Stebbins’ caliber to lead Superior in its next stage of development,” said Margaret Dano, Superior’s chairman of the board.”

Stebbins, 56, is a veteran automotive industry executive, with more than 20 years of relevant experience, including serving as chairman and CEO of Visteon Corporation, a Michigan-based manufacturer of components for original equipment automotive manufacturers worldwide.

“Superior is one of the great iconic brands in the automotive sector. I proudly look forward to leading the company and its outstanding team, as it continues to demonstrate the highest degree of professionalism, product excellence and customer service, and as together, we embark on a new era pursuing opportunities for growth and value creation,” Stebbins said.

He previously served as president and CEO of the Americas and Europe/Asia/Africa and as senior vice president and chief financial officer for Detroit-based automotive supplier Lear Corporation.Earlier in his career, he held management positions with Bankers Trust Company, Citibank and First Chicago Corporation.

Stebbins serves on the boards of directors of ITT Corporation and WABCO Holdings Inc. He earned an master’s degree in business from the University of Michigan and a bachelor’s of degree in finance from Miami University.