BUZZ-Dauch Corp shares rise after appointing new Chief Financial Officer

October 12 - ** Shares of auto parts supplier Dauch Corp (DCH.N) rose 1.4% in pre-market trading, quoted at $5.75

** The company appointed former Standard Motor Products Chief Financial Officer Nathan Iles as the next CFO, effective December 1

** Christopher May, CFO since 2015, will become Executive Vice President and Chief Administrative Officer

** The company said the management changes are part of a "systematic succession plan" to support its next phase of growth

** Out of 13 brokerages, 6 rate the stock "buy" or higher, 7 rate it "hold"; the median target price is $8 — data compiled by LSEG

** As of the close of the previous trading day, the stock is down 11.54% year-to-date

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