Frank Macher: CEO at Collins & Aikman
Macher, 63, was named president and CEO of the struggling auto supplier. He is part of an Office of the Chairman at Collins & Aikman, which is attempting to restructure under Chapter 11 bankruptcy.
Collins & Aikman of Troy, Mich., also appointed Stephen Cooper as its new chairman of the board and Leonard LoBiondo as a director. Cooper and LoBiondo have been advising the company through bankruptcy as principals of Kroll Zolfo Cooper, an affiliate of an outside firm helping with the turnaround.
Charles Becker has resigned as Collins & Aikman's acting CEO. Marshall Cohen has resigned as interim board chairman, though he remains a director.
Collins & Aikman makes interior parts such as instrument panels, trim and fabric. It ranked No. 11 on the Automotive News list of the top 150 suppliers to North America with North American original-equipment automotive parts sales of $3.90 billion in 2004.
Macher ran Ford's sprawling auto parts operations until they were spun off in 2000 to create Visteon. He is a 30-year Ford veteran.
You may e-mail Richard Truett at [email protected]