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American Axle & Manufacturing Names David B. Walker to Board of Directors
ByAinvest
Friday, Aug 8, 2025 8:33 am ET1min read
American Axle & Manufacturing (AAM) has named David B. Walker to its Board of Directors. Walker is a retired Vice Chairman of Investment Banking at J.P. Morgan, with 35 years of business experience advising companies worldwide. He will bring deep knowledge of financing, strategy, acquisitions, and investment opportunities to the board.
American Axle & Manufacturing (AAM), a leading global Tier 1 Automotive and Mobility Supplier, has named David B. Walker to its Board of Directors. Walker, a retired Vice Chairman of Investment Banking at J.P. Morgan, brings 35 years of business experience advising companies across various industries worldwide. His appointment underscores AAM's commitment to enhancing its strategic and financial capabilities [1].Walker's extensive background includes serving as the Head of J.P. Morgan's Automotive Group and Global Co-Head of the Diversified Industries Group. His deep knowledge in financing, strategy, acquisitions, and investment opportunities will complement the existing skillset of AAM's Board of Directors [2]. David C. Dauch, AAM's Chairman and CEO, expressed his pleasure in welcoming Walker, stating that his expertise will further strengthen the company's business profile [1].
AAM's recent financial performance also highlights its robust position in the industry. In the second quarter of 2025, the company reported a net income of USD 39.3 million, with sales of USD 1,540 million and adjusted EBITDA of USD 202.2 million [3]. The company's outlook for the fiscal year is optimistic, with projected sales between USD 5,750 and USD 5,950 million, and adjusted EBITDA between USD 695 and USD 745 million [3].
This appointment signals AAM's strategic direction and commitment to growth, leveraging Walker's experience to navigate the complexities of the automotive and mobility sectors.
References:
[1] https://www.prnewswire.com/news-releases/aam-names-david-b-walker-to-board-of-directors-302524689.html
[2] https://www.stocktitan.net/news/AXL/aam-names-david-b-walker-to-board-of-sw3hr98gogf4.html
[3] https://www.tradingview.com/news/reuters.com,2025-08-08:newsml_PLXF78EF9:0-brief-american-axle-manufacturing-q2-eps-usd-0-32/
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