Avon Automotive names Dircks CFO

Cadillac, Michigan -- Avon Automotive has appointed William Dircks as executive vice president and chief financial officer.

The leading global supplier of low-pressure hoses for air-induction, fuel and coolant systems, as well as vibration-management products, said in its 1 Oct statement that Dircks will direct the company's overall financial strategy, including planning and analysis, financial reporting and controls, tax and treasury activities. He will also be responsible for information technology and human resources functions.

"We are pleased that Bill Dircks is joining our team in this critical role," said Lee Richards, Avon's president and chief executive officer, in the statement.” His extensive automotive and global experience will provide important financial leadership in driving our strategic objectives," he added.

In August 2006, Avon Automotive closed its management-led buyout with Avon Rubber plc, acquiring the firm's automotive division with Red

Diamond Capital -- a New York-based private equity firm.

Before joining Avon, Dircks was a vice president in Corporate Finance at the Goodyear Tire & Rubber Company and has held similar positions with Lear Corp. and Honeywell International.

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Press Release from Avon