Steve Wybo: American Axle to face new risks after Metaldyne grab – Crain’s Detroit Business
Crain’s Detroit Business features Steve Wybo in its article titled “American Axle to face new risks after Metaldyne grab.”
Steve Wybo, senior managing director of Birmingham-based advisory firm Conway MacKenzie Inc., said the combined company should soften the blow of the impending auto sales downturn.
“When the softening (of the market) comes, they’re both better positioned,” Wybo said.
“There will likely be large-scale cuts to create cost savings and improve their bottom line, which should allow it to weather any storms together.”
Wybo said Dauch and his team will face a more challenging board in difficult times with the addition of the new members.
“Certainly, when a company is run more like a family company, its management will be under more scrutiny,” Wybo said. “But if you’re a good operator and you’re confident, you welcome not having a bunch of friendlies on the board.”