This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Viasystems Appoints Two New Board Members

Stocks in this article: VIAS

Viasystems Group, Inc. (NASDAQ:VIAS), a leading provider of complex multi-layer printed circuit boards and electro-mechanical solutions, today announced the appointment of Admiral William A. Owens and David D. Stevens to its Board of Directors.

“After an extensive search to fill the Board seats left open as the result of the retirement of Bill McCormick and the passing of Jack Pruellage, we determined that Admiral Owens and David Stevens would be extraordinary additions to our Board due to their proven leadership skills and their significant industry and management experience,” said Chris Steffen, Chairman of Viasystems. “With the addition of these two independent members, our Board will have 12 members and again qualify as an “independent Board” under the NASDAQ rules, which is important to the Company’s stockholders. Both Bill and David will join our Audit Committee and with these additions we will exceed the requirement set by NASDAQ,” said Steffen.

Admiral Owens is currently the Chairman of AEA Investors (Asia) Limited located in Hong Kong, a private equity firm specializing in buyouts of middle market companies and smaller middle market companies and mezzanine investments, and is Executive Chairman of Prometheus headquartered in Beijing, a company that specializes in cross-border advisory and investment collaboration between China and abroad. He currently serves on the Board of Directors for Polycom, Inc. and Wipro Limited. Admiral Owens also serves as Vice Chairman of the NYSE for Asia and is the Chairman of CenturyLink, Inc., the third largest telecommunications company in the United States. Owens has extensive experience in the military, finishing his distinguished military career in 2004 as the Vice Chairman of the Joint Chiefs of Staff, the second highest ranking military officer in the United States.

“Bill’s leadership is recognized internationally by the military and industrial communities. Since leaving the military, he has taken senior executive positions with several international companies. We are excited to have the opportunity to work with Bill and benefit from his broad experience, particularly in Asia, where he currently resides. His knowledge in the military and telecommunications markets will be an invaluable asset to the Company,” said Steffen.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs