Donnelly Corp., the US manufacturer of electronic rear-view mirror systems said it will reorganize its corporate structure to focus on electronic systems and exterior systems. The company named Donn V…
Donnelly Corp., the US manufacturer of electronic rear-view mirror systems said it will reorganize its corporate structure to focus on electronic systems and exterior systems. The company named Donn Viola chief operating officer as part of the restructuring. Viola has been chief operating officer of Donnelly“s North American operations since 1996. Donnelly named Scott Reed president of the newly formed Electronic Systems Group. Reed was previously chief financial officer of the company and will continue in that role for an interim period. The company named Russell B. Scaffede president of the Exterior Systems Group. He was previously senior vice president, global manufacturing operations. Donnelly posted net income of US$ 14.5 million, or US$ 1.43 a share for the latest nine months ended 30 September 2000. Sales were US$ 657.6 million.