Dauch Corp plans CFO transition to Nathan R. Iles
All positions in the realignment will report directly to Chairman and Chief Executive Officer David C. Dauch.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Dauch Corporation (DCH) appointed Nathan R. Iles as Senior Vice President of Finance effective November 2, 2026, with a planned transition to Chief Financial Officer on December 1, succeeding Christopher May. May will become Executive Vice President and Chief Administrative Officer, retaining responsibility for Information Technology and assuming executive oversight of Human Resources. Terri Kemp will remain Senior Vice President, Chief of Staff, focusing on corporate initiatives until her retirement at year-end.
Iles’s compensation includes a $650,000 annual base salary, a target annual bonus opportunity of 100% of base salary and a target long-term incentive opportunity of 200% of base salary, subject to standard three-year vesting provisions. His awards include performance equity targeting 90,909 shares and restricted stock units with a $500,000 target value, both to be issued on or around November 2, 2026; the units have a one-year vesting period. A $375,000 cash bonus is payable in March 2027.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Annual base salary: $650,000
Annual target bonus opportunity: 100% of base salary
Target long-term incentive opportunity: 200% of base salary
+3 more
6 metrics
Annual base salary
$650,000
Nathan R. Iles’s annual base salary
Annual target bonus opportunity
100% of base salary
Nathan R. Iles’s compensation
Target long-term incentive opportunity
200% of base salary
Subject to standard three-year vesting provisions
Performance equity award
90,909 shares
Target amount; to be issued on or around November 2, 2026
Restricted stock units
$500,000 target value
One-year vesting period; to be issued on or around November 2, 2026
Cash bonus
$375,000
Payable in March 2027
Key Terms
annual target bonus opportunity, target long-term incentive opportunity, performance equity incentive award, restricted stock units, +1 more
5 terms
annual target bonus opportunity financial
"annual target bonus opportunity of 100% of his base salary"
target long-term incentive opportunity financial
"target long-term incentive opportunity of 200% of base salary"
performance equity incentive award financial
"performance equity incentive award with a target amount of 90,909 Dauch shares"
restricted stock units financial
"restricted stock units with a target value of $500,000"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
standard three-year vesting provisions financial
"subject to standard three-year vesting provisions"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Nathan R. Iles become DCH’s CFO?
Nathan R. Iles will join DCH as Senior Vice President of Finance on November 2, 2026, and is scheduled to succeed Christopher May as Chief Financial Officer on December 1, 2026.
What compensation will Nathan R. Iles receive at DCH?
Iles’s compensation includes a $650,000 annual base salary, a target annual bonus opportunity of 100% of base salary and a target long-term incentive opportunity of 200% of base salary. His awards include performance equity targeting 90,909 shares and restricted stock units with a $500,000 target value, plus a $375,000 cash bonus payable in March 2027.
Who will the DCH leadership positions report to?
All positions in the realignment will report directly to David C. Dauch, Chairman and Chief Executive Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 7, 2026
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | ||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||
| | |||||
| (Registrant's Telephone Number, Including Area Code) | |||||
| (Former Name or Former Address, if Changed Since Last Report) | |||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
SECTION 5 – Corporate Governance and Management
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 7, 2026, the board of directors of Dauch Corporation ("Dauch") appointed Nathan R. Iles as Senior Vice President of Finance, effective November 2, 2026. Following an onboarding period and transition of responsibilities, Mr. Iles will succeed Christopher May as Chief Financial Officer on December 1, 2026. Mr. Iles, age 50, has served as Chief Financial Officer of Standard Motor Products (NYSE: SMP), a global light-duty and heavy-duty automotive supplier, since 2019. Prior to that role, he held the position of Vice President and Chief Financial Officer at UCI International Holdings, a global light and heavy-duty automotive supplier, from 2016 to 2019. Mr. Iles began his career providing audit and assurance services for both public and private companies at Ernst & Young.
Dauch and Mr. Iles entered into an offer letter, dated October 7, 2026 (the "Iles Offer Letter"), pursuant to which Mr. Iles will serve as Dauch's Senior Vice President of Finance beginning on November 2, 2026. Mr. Iles’ annual base salary will be $650,000. He will be entitled to participate in Dauch’s annual bonus program with an annual target bonus opportunity of 100% of his base salary and a target long-term incentive opportunity of 200% of base salary, subject to standard three-year vesting provisions.
In connection with the appointment to his new position, Mr. Iles was also granted (i) a performance equity incentive award with a target amount of 90,909 Dauch shares under the Dauch Corporation 2026 Inducement Omnibus Equity Incentive Plan, which are to be issued on or around November 2, 2026, (ii) restricted stock units with a target value of $500,000, subject to a one-year vesting period, which are to be issued on or around November 2, 2026, and (iii) a cash bonus of $375,000, payable in March 2027.
Mr. Iles does not have any family relationships with any of Dauch's directors or executive officers and is not a party to any transactions listed in Item 404(a) of Regulation S-K. Further, no arrangement or understanding exists between Mr. Iles or any other person pursuant to which Mr. Iles was selected as Senior Vice President of Finance.
The foregoing description of the Iles Offer Letter does not purport to be complete and is subject to, and qualified in its entirety by, the full text of such agreement. Dauch intends to file a copy of the Iles Offer Letter as an exhibit to its Annual Report on Form 10-K for the year ended December 31, 2026.
Concurrently, on December 1, 2026, Mr. May will transition into the role of Executive Vice President & Chief Administrative Officer. In this position, he will retain responsibility for the company’s Information Technology organization and assume executive oversight of the Human Resources organization.
Reflecting this realignment, Terri Kemp, who currently serves as Senior Vice President, Chief of Staff and HR, will retain the vital role of Senior Vice President, Chief of Staff, shifting her full focus toward achieving corporate initiatives and organizational alignment until her retirement at the end of 2026.
SECTION 7 - Regulation FD
Item 7.01 Regulation FD Disclosure
On October 12, 2026, Dauch issued a press release regarding Mr. Iles' appointment and Dauch's financial leadership succession plan, a copy of which is attached hereto as Exhibit 99.1 to this Current Report and is incorporated herein by reference solely for purposes of this Item 7.01 disclosure.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description | ||||||||||
99.1 | Press release announcing Financial Leadership Succession Plan and Executive Realignment. | ||||||||||
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL). | ||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
DAUCH CORPORATION | |||||||||||||||||
| Date: | October 13, 2026 | By: | /s/ Joshua A. Sherbin | ||||||||||||||
| Joshua A. Sherbin | |||||||||||||||||
| General Counsel & Secretary | |||||||||||||||||
Dauch Corporation Announces Financial Leadership Succession Plan and Executive Realignment Nathan Iles joins as Senior Vice President of Finance with planned transition to CFO. Existing CFO Christopher May to assume role of Chief Administrative Officer DETROIT, MI, October 12, 2026 – Dauch Corporation (Dauch), (NYSE: DCH) today announced a structured succession plan and realignment of its executive leadership team to support the next phase of its long-term profitable growth. Effective November 2, 2026, Nathan Iles will join the company as Senior Vice President of Finance. Following an onboarding period and transition of responsibilities, Mr. Iles will succeed Christopher May as Chief Financial Officer on December 1, 2026. Concurrently, on December 1st, Mr. May will transition into the role of Executive Vice President & Chief Administrative Officer (CAO). In this position, he will retain responsibility for the company’s Information Technology (IT) organization and assume executive oversight of the Human Resources (HR) organization. Reflecting this realignment, Terri Kemp, who previously served as Senior Vice President, Chief of Staff and HR, will retain the vital role of Senior Vice President, Chief of Staff, shifting her full focus toward achieving corporate initiatives and organizational alignment, alongside the CEO until her retirement at the end of the year. All positions will report directly to David C. Dauch, Chairman & Chief Executive Officer of Dauch. "Today’s announcement reflects a proactive strategy to further enhance our leadership team and plan for the future," said David C. Dauch, Chairman and Chief Executive Officer. "Bringing Nathan on initially as Senior Vice President of Finance creates a runway for him to integrate into our business before taking over the CFO role. Transitioning HR to Chris, while maintaining his oversight of IT, leverages his proven operational discipline across two of our most critical internal services departments, allowing Terri to focus entirely on the Chief of Staff role. “As Terri prepares for her well-deserved retirement at the end of the year, I want to extend my deepest personal gratitude for her exceptional leadership, dedicated service, and the invaluable impact she has made on our organizational culture.” Mr. Iles brings over 25 years of finance leadership to Dauch. Most recently, he served as CFO at Standard Motor Products, a global light-duty and heavy-duty automotive supplier. Prior to that role, he held the position of Vice President and CFO at UCI International Holdings. Mr. Iles began his career providing audit and assurance services for both public and private companies at Ernst & Young.
Full executive bios are available at www.dauch.com. About Dauch Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations. Visit www.dauch.com to learn more. ### Contacts: Christopher M. Son Vice President, Marketing & Communications +1 (313) 758-4814 Chris.son@aam.com David H. Lim Head of Investor Relations +1 (313) 758-2006 David.lim@aam.com Forward-looking statements In this announcement, Dauch makes statements concerning its expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect Dauch's future financial position and operating results. The terms such as "will," "may," "could," "would," "plan," "believe," "expect," "anticipate," "intend," "project," "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties related to Dauch include factors detailed in the reports Dauch files with the United States Securities and Exchange Commission (the "SEC"), including those described under "Risk Factors" in its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this communication. Dauch expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.