Acument Global Technologies Inc. said today Patrick Paige will become president and CEO on Feb 1 -- succeeding Richard F. Dauch, who is leaving the mechanical fastener supplier to pursue other opportunities.
Dauch, who has led the suburban Detroit company since 2008, is the son of Richard E. Dauch, founder and CEO of automotive supplier American Axle & Manufacturing Holdings Inc.
Paige, 46, joined Acument in 2008 as vice president and chief administrative officer and his promotion “provides continuity of direction and business priorities,” company spokesman Timothy Weir said.
In August, Paige helped the company sell control of its UK subsidiary Avdel to CVC Asia Pacific Ltd. and Standard Chartered Private Equity Ltd.
Paige began his automotive career in 1987 in Chrysler Corp.'s human resources department and later joined American Axle as corporate counsel. During his 10 years with American Axle, his posts included CEO of its UK subsidiary, Albion Automotive. From 2004-08, Paige was vice president of human resources for the North American unit of Johnson Controls Inc.
Paige earned a bachelor's degree and a law degree from the Michigan State University and is a member of the State Bar of Michigan.
Dauch, 50, is leaving Acument after leading the company since June 2008.
“Rick's leadership helped get us through the recession and he positioned us for the growth that we're experiencing coming out of it,” Weir said.
Previously, he was executive vice president of worldwide manufacturing for American Axle.
Dauch was traveling and unavailable for comment.
Acument Global Technologies ranks No. 117 on the Automotive News list of the top 150 North American supplierswith North American original-equipment automotive parts sales estimated at $208 million in 2009.