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DCH — Dauch News Story

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Consumer CyclicalsHighly SpeculativeMid CapTurnaround

Dauch Corp rises after naming new finance chief

BUZZ-Dauch Corp rises after naming new finance chief

** Shares of auto parts supplier Dauch Corp DCH.N up 1.4% at $5.75 premarket

** Co names Nathan Iles, formerly CFO of Standard Motor Products, as its next CFO, effective Dec 1

** Says Christopher May, CFO since 2015, will become EVP and chief administrative officer

** Calls the changes a "structured succession plan" to support its next phase of growth

** 6 of 13 brokerages rate the stock "buy" or above and 7 "hold"; median PT is $8 - data compiled by LSEG

** As of last close, stock has fallen 11.54% YTD


(Reporting by Miraanta Lowrance in Bengaluru)

((miraanta.lowrance@thomsonreuters.com))

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