Tower Automotive has announced that Ernie Thomas has resigned, effective August 13, as chief financial officer of the company. Thomas joined Tower as CFO in November 2002.

"We appreciate the contributions that Ernie has made during his time with us," said Dug Campbell, president and chief executive officer of Tower Automotive. "He has given us a strong balance sheet focus from an operations perspective, and we wish him well in his future endeavours. We believe the depth of our current finance team is sufficient to manage during this transition."

The company has launched a search for a successor for Thomas.