Dauch names new General Counsel, ties pay to long-term performance

An announcement from Dauch Corporation ( (DCH) ) is now available.

Dauch Corporation has appointed veteran legal executive Joshua Sherbin as its new General Counsel and Secretary, bringing more than three decades of experience in governance, compliance, and complex transactions from roles at The Shyft Group, TriMas, and other industrial and services companies. Management framed the hire as a key move during a transformational phase, aiming to strengthen the leadership bench as the supplier navigates shifts in the global automotive market.

To secure Sherbin’s services, Dauch’s board approved a significant inducement equity package under NYSE Rule 303A.08, combining time-based restricted stock units and performance stock units tied to share price appreciation and multi-year adjusted free cash flow and synergy targets. The structure of the awards tightly links Sherbin’s compensation to long-term shareholder value and execution on cash generation and integration goals, signaling the company’s focus on disciplined performance and alignment with investors.

More about Dauch Corporation

Dauch Corporation is a premier driveline and metal forming supplier to the global automotive industry, offering a powertrain-agnostic portfolio that serves electric, hybrid, and internal combustion vehicles. Headquartered in Detroit, the company operates in 24 countries with more than 175 locations, underscoring its broad manufacturing footprint and diversified customer base.

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