Tower Automotive Inc. on Dec. 18 named James Mallak as its CFO, effective Jan. 5, according to a Reuters report.

Mallak will succeed Kathy Johnston, who has been serving as interim CFO.

Mallak was previously the CFO at Textron Fastening Systems, a $1.7 billion division of Textron Inc., a provider of engineered fastening systems and assembly technology.

Tower Automotive designs and produces structural components and assemblies used by automotive original equiment manufacturers, including BMW, DaimlerChrysler, Ford and General Motors.

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