Tim Trenary named CFO of DURA Automotive

DURA Automotive Systems, Inc. has named C. Timothy Trenary vice president and chief financial officer of the company, effective Sept. 16. Trenary succeeds David L. Harbert, a Tatum LLP Partner, who has served as DURA's interim chief financial officer during the company's restructuring. Harbert will remain with DURA through September to ensure a smooth transition.

"Tim's extensive financial and management experience with major automotive suppliers make him a great fit for DURA Automotive," says Larry Denton, chairman and chief executive officer of DURA. "We're excited to have Tim on board. I'd also like to thank David for his many contributions as interim chief financial officer through our reorganization."

Trenary brings nearly 30 years of financial expertise, including capital formation and transactions, in the automotive and telecommunications industries. Trenary has been at Collins & Aikman Corporation, an automotive interiors supplier, since 2005, first as vice president and treasurer and then as executive vice president and chief financial officer. There, he joined a new management team and provided operational focus to the finance function and strategic vision to the company. Between 2001 to 2005, Trenary served at Federal-Mogul Corporation, a global auto parts supplier, in several positions, most recently as director of financial services and processes. Trenary previously was chief financial officer and chief operating officer of James Cable Partners, L.P. He began his career as an auditor for what is now Ernst & Young.

"I'm excited by the opportunity to help DURA complete its reorganization plans and I look forward to working with DURA's talented employees," Trenary says. "The company has a strong reputation for offering high-quality, innovative automotive products and outstanding service. DURA also has a competitive market position with a strengthened balance sheet and has tremendous potential to grow and attract new customers around the world."

Trenary is a certified public accountant. He earned an MBA with honors from the University of Detroit and a bachelor's degree in accounting with honors from Michigan State University.