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Cooper-Standard Automotive Inc. Names Deykes to Vice President, Internal Audit

Posted on: Thursday, 4 December 2008, 08:50 CST

NOVI, Mich., Dec. 4 /PRNewswire/ -- Cooper-Standard Automotive recently promoted Doug Deykes to vice president, Internal Audit. In this position, he will be responsible for Cooper-Standard's Internal Audit and Internal Control / Global Compliance activities. Deykes will report functionally to the Cooper-Standard Automotive Board of Directors' Audit Committee and administratively to Allen Campbell, chief financial officer for the company.

"Given Doug's established track record and proven leadership capabilities, we are pleased to announce his appointment to vice president," Campbell said. "For the past three years, Doug has done an excellent job managing Cooper-Standard's audit and control activities."

Most recently, Deykes served as director, Internal Audit and Internal Control / Global Compliance, responsible for both Internal Audit and Sarbanes-Oxley (SOX) compliance activities and was instrumental in securing SOX compliance for Cooper-Standard in 2007. In his new assignment, Deykes is responsible for directing the company's global auditing operations and will continue to work closely on SOX compliance activities.

Prior to joining Cooper-Standard in 2005, Doug was audit manager at Delphi Corp. in Troy, Mich., as well as director at Deloitte in Detroit.

Deykes earned a Bachelor of Business Administration degree in accounting from Eastern Michigan University in Ypsilanti and holds several professional designations, including Certified Internal Auditor, Certified Information Systems Auditor and Certified Fraud Examiner.

About Cooper-Standard Automotive

Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's Web site at: www.cooperstandard.com.

Cooper-Standard is a privately-held portfolio company of The Cypress Group and Goldman Sachs Capital Partners Funds.

The Cypress Group is a New York-based private equity investment firm founded in 1994. Since its formation, Cypress has invested more than $3.5 billion of capital within its two funds. Cypress has an extensive track record of making growth-oriented investments in targeted industry sectors and building equity value alongside proven management teams.

Goldman Sachs is leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms.

SOURCE Cooper-Standard Automotive

Source: PR Newswire

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