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Superior Industries Names Margaret Dano Lead Director
VAN NUYS, CALIFORNIA -- May 21, 2010 -- Superior Industries International, Inc. (NYSE:SUP) announced
that Margaret S. Dano has been elected to the position of Lead Director by a unanimous vote of the company's independent, non-executive directors.
"Margaret has 30 years of senior level experience with some of the most well respected and industry leading companies in the world,”
said Steven J. Borick, Chairman, Chief Executive Officer and President. “She is a key member of our Board and brings extensive experience in
strategic planning, product development and operations. We look forward to her increasingly active involvement at Superior."
Dano has served on Superior Industries’ Board of Directors since January 2007. She chairs the Nominating and Corporate Governance Committee
and serves on the Audit Committee. Dano is also the Lead Director for Anthony International and previously served as a Director of Fleetwood Enterprises, Inc.
Prior to her retirement in 2005, Dano held senior management positions in supply chain and corporate manufacturing and engineering with several major corporations.
About Superior Industries
Superior supplies aluminum wheels to Ford, General Motors, Chrysler, Audi, BMW, Jaguar, Land Rover, Mercedes Benz, Mitsubishi, Nissan,
Seat, Skoda, Subaru, Suzuki, Toyota, Volkswagen and Volvo. For more information, visit www.supind.com.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements, which include references to anticipated levels of demand for the Company’s products, are based on current expectations, estimates
and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance
and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what
is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities
and Exchange Commission filings and reports. In addition, such statements could be affected by general automotive industry and market conditions
and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they
are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of
this release.
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