Monday, February 24, 2014
Maxion Wheels Announces Changes to Global Leadership Team

Maxion Wheels Matter

NOVI, Mich., Feb. 24, 2014 /PRNewswire/ -- Maxion Wheels ("Maxion" or the "Company") is pleased to announce that Pieter Klinkers has accepted the promotion to, and additional responsibilities of, President –Europe, Africa and Asia-Pacific and Global Innovation, effective March 1, 2014.

Pieter will continue to report to Fred Bentley, the Company's Chief Executive Officer. "Pieter has been working with a few great mentors to further his personal development," Bentley said. "He jump-started our focus on innovation and began bringing a small group of cross-functional employees together to lead the future of innovation within the marketplace and its application within Maxion Wheels."

Over the past year, in addition to managing half of the Maxion Wheels business, Klinkers took the initial cross-functional group and developed the Company's Innovation Team to focus on both short- and long-term growth for the Company. "Pieter has done a great job motivating the core group, as well as involving others throughout the business to develop a number of key initiatives with respect to growth initiatives," Bentley said.

The Innovation Team is working on a number of key initiatives and the outcome has been an expedited process for structure, focus and growth in the organization, as well as the professional development of a number of the team's members. The team is quickly growing and has motivated several technical, sales and business development associates to work together in the exciting process of molding the future of the business. Klinkers and the initial team will continue to invite others to participate as the structure and focus of future innovation continues to evolve.

"This is an excellent example of Pieter continuing to grow by broadening his focus, and he sets a great example for the rest of the organization," said Bentley. "Pieter has worked tirelessly to successfully run his business while developing himself in a way that has been extremely beneficial to the Company, to his own professional growth and to many of his associates around the world. I am pleased to announce this promotion. More importantly, I am excited to have Pieter in charge of our new phase of product and process development—a phase that will continue to build on our 100-plus years of leading innovation in the wheel market."

Klinkers will continue to maintain his primary office in Königswinter, Germany.

Maxion Wheels is a leading worldwide producer of aluminum and steel wheels for passenger cars and light trucks. The Company has over 100 years of experience in producing wheels, and is the world's largest wheel manufacturer, producing 65 million wheels per year. Maxion also produces steel wheels for commercial trucks and trailers, as well as agriculture and other off-highway applications. The Company has global operations with 25 facilities located in 15 countries around the world, plus three state-of-the-art technical centers in the Americas, Europe and Asia.,

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