STERLING HEIGHTS, Mich. — August 23, 2017 — Key Safety Systems (KSS) announced today that Jason Luo has resigned as president and CEO. Concurrent with this change, Luo will also vacate his seat on the KSS board of directors. As announced by Ford Motor Co. earlier today, Luo has accepted the position of corporate vice president, chairman and CEO of greater China. KSS also announces the formation of new interim management committees to oversee the company's operations and planned transaction and integration with Takata. An outside firm has been retained to assist in the search for the next KSS CEO.