SMP announced today that Pamela Puryear, Ph.D., has been appointed as an independent director to the Company’s Board of Directors. Dr. Puryear will serve as a member of the Audit Committee, Compensation and Management Development Committee, Nominating and Corporate Governance Committee, and Strategic Planning Committee.
SMP announced today that Anthony Cristello has been named the Vice President of Investor Relations for the Company. Mr. Cristello will be responsible for the planning and management of the Company’s global investor relations and corporate communications activities.
Eric Sills, President and CEO of Standard Motor Products and incoming Board Chairman of AASA, spoke before the U.S. House of Representatives Committee on Energy & Commerce Subcommittee on Consumer Protection & Commerce. Sills was one of only four to testify on supply chain resilience and American competitiveness.
Standard Motor Products recently acquired 100% of the capital stock of Stabil Operative Group GmbH. Stabil is a manufacturer and distributor of a variety of components, including electronic sensors, control units, and clamping devices to the European OE market, servicing both commercial and light vehicle applications.
Standard Motor Products, Inc. (NYSE: SMP), reported its consolidated financial results for the three months and nine months ended September 30, 2021.
Read Press Release
We are very excited to announce the publication of our inaugural Corporate Social Responsibility and Sustainability Report, available at the link below. In this report, we describe some of the specific ways that we pursue the environmental and socially responsible business practices and corporate governance practices that are at the heart of our culture and what we believe it means to be a good corporate citizen.
SMP announces the launch of its SMP Cares website, a new site dedicated to highlighting the company’s efforts supporting local communities through service, volunteerism and donations. This website will serve as a resource for news and upcoming events.
Standard Motor Products recently acquired the assets of MK Company Ltd., a plastic injection molder in London, Ontario. MK Company will now be known as Unimotor Plastics Department.
SMP announced today that Nathan Iles has been named the Chief Financial Officer of the Company. As previously announced, Jim Burke, who served as CFO since 1999, has been promoted to Chief Operating Officer and will assist in the transition of CFO duties to Mr. Iles.
Standard Motor Products announced today that it is celebrating its 100-year anniversary. Over the years, SMP has grown by leaps and bounds from the company that Elias Fife founded in 1919. Standard Motor Products now employs approximately 4,400 people, generates over a billion dollars in net sales, operates in more than 25 facilities around the world, and is a leading independent manufacturer and distributor of replacement parts in the automotive aftermarket.
Standard Motor Products announced today that it has acquired certain assets and liabilities of the Pollak business of Stoneridge, Inc. for approximately $40 million, subject to post-closing adjustments. Stoneridge’s Pollak business has manufacturing and distribution facilities in Canton, MA, El Paso, TX, and Juarez, Mexico, and distributes a range of engine management products including sensors, switches, and connectors.
Standard Motor Products announced that James J. Burke has been named the Chief Operating Officer of the Company. Mr. Burke is currently the Company’s Executive Vice President Finance and Chief Financial Officer. He has been with the Company since 1986, and has 40 years’ experience in the automotive aftermarket.