Superior Industries’ Stebbins joins Snap-on board
The board of directors at tool and workshop equipment manufacturer Snap-on Incorporated has appointed Donald J. Stebbins, president and chief executive officer of wheel manufacturer Superior Industries International, a company director. This directorship takes effect 4 January 2015. Stebbins also serves as a director at Superior Industries and at WABCO Holdings, a provider of electronic, mechanical and mechatronic products.
“Snap-on welcomes Don Stebbins to its board of directors,” said W. Dudley Lehman, Snap-on director and chair of the corporate governance and nominating committee. “With his substantial operational and financial experience, Don will be a great addition to our board. We look forward to his significant contributions to the Snap-on team.”
Snap-on believes Stebbins meets the independence requirements of the New York Stock Exchange. His appointment increases the size of the company’s board of directors to ten members. In accordance with Snap-on’s bylaws, Stebbins will serve for a term expiring at the 2015 Annual Meeting of Shareholders and will be subject to annual election thereafter.