Superior Industries Closes Acquisition Restructuring, Appoints New CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Businesswire
- Successful Acquisition Restructuring: Superior Industries has completed its acquisition led by investors including Oaktree Capital Management, converting a significant portion of loans into equity, which substantially strengthens the company's capital structure to support long-term growth in the global wheel industry.
- Leadership Change: Majdi Abulaban has stepped down as CEO, with Michael Dorah appointed immediately; Dorah brings over 30 years of automotive supply experience, which is expected to drive a renewed customer-first approach within the company.
- Strategic Focus Shift: New CEO Michael Dorah stated that with investor support, Superior will concentrate on enhancing operations and customer relationships, aiming to seize growth opportunities in the global wheel market to meet customer demands for reliable and cost-competitive supply.
- Advisory Team Support: Lazard served as the investment banking advisor, while Alvarez & Marsal provided financial consulting, ensuring the smooth execution of the transaction and demonstrating the company's strategic planning capabilities during the restructuring process.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
