Superior Industries International Bundle
Who Really Controls Superior Industries International?
Navigating the automotive industry requires a deep understanding of its key players, and at the heart of this lies the question of ownership. Unveiling the ownership structure of Superior Industries International SWOT Analysis is essential for investors and strategists alike. This analysis provides critical insights into the company's direction and potential for growth.
Founded in 1957, Superior Industries International (SUP), a leading wheel manufacturer and automotive supplier, has a rich history marked by strategic shifts. Understanding its ownership journey, from its initial public offering in 1969 to its current standing, is key to assessing its market position. This company profile will explore the evolution of Superior Industries ownership, providing a comprehensive view for informed decision-making.
Who Founded Superior Industries International?
The story of Superior Industries International, a prominent wheel manufacturer and automotive supplier, began in 1957. Founded by Louis L. Borick, the company started its journey in the automotive industry, setting the stage for its future as a key player.
While precise details on the initial ownership structure or Borick's exact shareholding at the outset are not readily available, his vision and leadership were crucial. He laid the foundation for what would become a significant enterprise in the automotive sector.
In 1968, a key strategic move was made when Superior Industries began producing chrome wheels, which helped to strengthen its position in the market. This expansion, along with the need for additional funding, led to a pivotal moment in its history.
Louis L. Borick established Superior Industries International in 1957. His early leadership set the direction for the company's future in the automotive wheel industry.
Superior Industries International went public in 1969. This move provided access to capital markets.
The company began producing chrome wheels in 1968. This helped to solidify its presence in the market.
Going public allowed Superior Industries to access capital markets. This funding supported expansion and new technologies.
The public offering facilitated strategic acquisitions. These acquisitions helped the company grow and expand its market presence.
The company's early growth was fueled by strategic decisions. These decisions included entering the public market.
In 1969, Superior Industries International took a significant step by going public. This decision was a major milestone, giving the company access to capital markets. This funding supported expansion, the adoption of new technologies, and strategic acquisitions, which were all essential for its growth. For more detailed insights into the company, you can explore a comprehensive [company profile] (0).
The company's journey includes key milestones that shaped its trajectory. These milestones have driven its growth and market position.
- Founded in 1957 by Louis L. Borick.
- Began chrome wheel production in 1968.
- Went public in 1969, opening access to capital.
- Strategic acquisitions fueled expansion.
Superior Industries International SWOT Analysis
- Complete SWOT Breakdown
- Fully Customizable
- Editable in Excel & Word
- Professional Formatting
- Investor-Ready Format
How Has Superior Industries International’s Ownership Changed Over Time?
The ownership structure of Superior Industries International, a prominent wheel manufacturer and automotive supplier, is a blend of public shareholders and institutional investors. The company's stock price has seen significant volatility. As of June 10, 2025, the share price was at $0.44, a sharp decrease from $3.44 on June 11, 2024, representing an 87.22% decline. This fluctuation has likely influenced investor sentiment and potentially led to shifts in the ownership landscape.
Institutional investors held a significant stake in the company. As of May 30, 2025, they collectively owned 30.26% of Superior Industries. Insiders increased their holdings from 12.05% to 12.65% during May 2025, indicating confidence from within the company. Mutual fund holdings remained steady at 11.08% during the same period. These movements reflect ongoing adjustments in the ownership structure, potentially driven by market performance and strategic decisions.
| Shareholder | Shares Held (May 2025) | Percentage Ownership (May 2025) |
|---|---|---|
| Mill Road Capital Management LLC | 4,380,940 | 14.86% |
| Vanguard Group Inc. | 1,266,475 | 4.3% |
| Renaissance Technologies Corp | 841,211 | 2.85% |
| BlackRock Inc. | 494,300 | 1.68% |
Major institutional shareholders, as of May 2025, included Mill Road Capital Management LLC, Vanguard Group Inc., Renaissance Technologies Corp, and BlackRock Inc. Other significant holders included Nierenberg Investment Management Company Inc., Pinnacle Holdings, LLC, Geode Capital Management, LLC, and State Street Corp. These investors collectively hold a substantial portion of the company's shares, which can influence its strategic direction. The company's market capitalization was approximately $12.89 million as of June 11, 2025. For more insights into the company's strategic direction, consider reading about the Growth Strategy of Superior Industries International.
The ownership of Superior Industries International is a mix of public and institutional investors.
- Institutional investors hold a significant portion of the company.
- Insiders increased their holdings in May 2025.
- The stock price has seen a considerable decline.
- Major shareholders include firms like Mill Road Capital and Vanguard.
Superior Industries International PESTLE Analysis
- Covers All 6 PESTLE Categories
- No Research Needed – Save Hours of Work
- Built by Experts, Trusted by Consultants
- Instant Download, Ready to Use
- 100% Editable, Fully Customizable
Who Sits on Superior Industries International’s Board?
The Board of Directors of Superior Industries International oversees the company's strategic direction and governance. At the annual stockholders meeting held on May 21, 2025, eight directors were elected to serve until the 2026 Annual Meeting. Each share of common stock and Series A Preferred Stock entitles the holder to one vote on matters presented at the annual meeting.
As of March 27, 2025, the total voting power was 35,440,345 votes, considering the outstanding common stock and the shares underlying the Series A Preferred Stock. The leadership team includes Majdi Abulaban, President and CEO, appointed in May 2019, along with other key executives such as Dan Lee, CFO (effective October 2024), Michael Dorah, COO (as of March 2024), and David M. Sherbin, General Counsel and Corporate Secretary (appointed June 2022). Insiders have increased their holdings, reaching 12.65% in May 2025.
| Director | Title | Year Joined Board |
|---|---|---|
| Majdi Abulaban | President and CEO | 2019 |
| Dan Lee | Senior Vice President and CFO | 2024 |
| Michael Dorah | Executive Vice President and COO | 2024 |
The composition of the board and the voting structure are critical for understanding the dynamics of Superior Industries ownership. The ability of shareholders to influence decisions is directly tied to their voting power, which is determined by the number of shares they hold. The increased insider holdings suggest a strong alignment between management and shareholder interests.
Understanding the board of directors and voting rights is essential for investors. The board's composition and insider ownership influence the company's strategic direction.
- Total voting power is approximately 35.4 million votes.
- Insider ownership reached 12.65% in May 2025.
- The board includes key executives like the CEO and CFO.
- Shareholders vote on key decisions, including director elections.
Superior Industries International Business Model Canvas
- Complete 9-Block Business Model Canvas
- Effortlessly Communicate Your Business Strategy
- Investor-Ready BMC Format
- 100% Editable and Customizable
- Clear and Structured Layout
What Recent Changes Have Shaped Superior Industries International’s Ownership Landscape?
Over the past few years, Superior Industries International has experienced notable shifts. In 2024, the company reported net sales of $1.267 billion, a decrease from $1.385 billion in the prior year, and a net loss of $78 million. Despite this, Superior Industries refinanced its debt, securing $520 million in capital. The company also executed a global overhead reduction initiative and completed its European transformation, aiming to enhance its competitive position.
As of June 2, 2025, the company received a notice from the NYSE regarding non-compliance with listing standards. This was primarily due to its average market capitalization falling below $50 million over a 30-trading day period and stockholders' equity being less than $50 million. As of May 30, 2025, the 30-trading day average market capitalization was approximately $45.9 million, and the stockholders' deficit as of March 31, 2025, was approximately $(288.7) million. Superior Industries plans to submit a business plan to the NYSE to regain compliance within 18 months.
Industry trends favor larger wheels, with increased demand for 20-inch and larger sizes. Superior Industries is responding by launching 24-inch wheels and optimizing operations, including relocating production to lower-cost regions. These restructuring efforts are expected to yield annual savings of $10 to $15 million, starting in the first half of 2025. For the full year 2025, the company projects net sales between $1.30 and $1.40 billion and adjusted EBITDA of $160 to $180 million.
Superior Industries International Porter's Five Forces Analysis
- Covers All 5 Competitive Forces in Detail
- Structured for Consultants, Students, and Founders
- 100% Editable in Microsoft Word & Excel
- Instant Digital Download – Use Immediately
- Compatible with Mac & PC – Fully Unlocked
Related Blogs
- What are Mission Vision & Core Values of Superior Industries International Company?
- What is Competitive Landscape of Superior Industries International Company?
- What is Growth Strategy and Future Prospects of Superior Industries International Company?
- How Does Superior Industries International Company Work?
- What is Sales and Marketing Strategy of Superior Industries International Company?
- What is Brief History of Superior Industries International Company?
- What is Customer Demographics and Target Market of Superior Industries International Company?
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.