Shiloh Industries Appoints Jay Potter As Senior Vice President, Chief Financial Officer

Dec 18, 2015, 10:08 ET from Shiloh Industries, Inc.

PLYMOUTH, Mich., Dec. 18, 2015 /PRNewswire/ -- Shiloh Industries (NASDAQ: SHLO), a leading supplier of lightweighting, noise and vibration solutions, announced today that W. Jay Potter has joined the company in the newly created position of senior vice president, chief financial officer as part of Shiloh's Executive Leadership Team. Potter is an accomplished executive with extensive experience providing financial oversight for high-growth companies, most recently serving as executive vice president, chief financial officer of Sedgwick Claims Management Services.

"Jay is a seasoned veteran with a strong leadership track record," said Ramzi Hermiz, president and CEO, Shiloh Industries.  "His financial expertise, process discipline, cash management, planning and drive for operational performance are a perfect fit for us as we continue our growth in the automotive lightweighting industry."

Potter brings over 30 years of financial leadership in complex manufacturing and service businesses. He has held several senior financial leadership roles in a cross-section of industries including automotive, aerospace, building products and technology enabled services.  During his career, he has played a key role in business expansion and M&A. In his prior roles, Potter has driven profitability improvement, achieved multiple cost and working capital reductions, and managed multiple successful finance transformation initiatives.

Potter earned both a Bachelor of Science degree and a Master of Business Administration degree from Indiana University.  He also is a Certified Public Accountant and a Certified Six Sigma Green Belt. 

About Shiloh Industries, Inc. Headquartered in Valley City, Ohio, Shiloh Industries, Inc. is a leading global supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial segments, capable of delivering solutions in aluminum, magnesium, steel and high-strength steel alloys to original equipment manufacturers and suppliers.  The company offers the broadest portfolio of lightweighting solutions in the industry through their BlankLight™, CastLight™ and StampLight™ brands.  Shiloh designs and manufactures components in body, chassis and powertrain systems with expertise in precision blanks, ShilohCore™ acoustic laminates, aluminum and steel laser welded blanks, complex stampings, modular assemblies, aluminum and magnesium die casting, as well as precision machined components.  Shiloh has nearly 3,300 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.

SOURCE Shiloh Industries, Inc.