Oxford Automotive, Inc. Appoints Herve Guillaume & George R. Mrkonic to Board of Directors  
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Troy, Michigan - Oxford Automotive, Inc. announced that Herve Guillaume and George R. Mrkonic will join the company's Board of Directors. Both gentlemen have extensive experience in guiding high growth global companies and together are expected to bring a wealth of strategic insight, financial and industry expertise to Oxford Automotive as it pursues its objective to become a top supplier to automotive OEMs worldwide.

Herve Guillaume is Chairman of Group Bonnet, a European consumer goods conglomerate. Until last year he was Chairman of Groupe Valfond, a large automotive casting, forging and stamping company, from whom Oxford Automotive acquired the assets of Cofimeta, now Oxford Automotive-France. Previously he was President of Groupe Seribo and a member of the Board of the well-known Pinault Printemps Group where he held various leadership positions including President of several subsidiaries. Mr. Guillaume, who resides in France, has degrees from the prestigious l'Ecole des Hautes Etudes Commerciales due Nord and the l'Institut Europeen d'Administration des Affaires. He started his career at Citibank and spent ten years at Renault, ultimately rising to Director of Finance as well as Director of Commercial and Industrial Affairs of Renault Vehicules Industriels, the truck division of Renault. 

George Mrkonic is Vice Chairman and former President of Borders Group, Inc., a global book and music retailer. He was formerly President of Kmart Specialty Retail Group including Sports Authority, Builders Square, Pace, Payless Drugs and Office Max. His retail experience also included being President of Eyelab, Inc., a fast growing chain of optical super stores, and Herman's Sporting Goods, Inc., the largest U.S. sporting goods retailer. Mr. Mrkonic has an MBA from Harvard Graduate School of Business Administration and an MA and BA from Stanford University. Additionally, he is on the Board of Directors of Champion Enterprises, Inc., Syntel and Cheap Tickets, Inc. He has led both Borders Group, Inc. and Herman's Sporting Goods through initial public offerings. 

(October 10, 2000)