TROY, Mich., March 12, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced a number of executive appointments, effective immediately.
"The changes we are announcing today will further align our resources and strengthen our ability to drive strong operational execution, achieve our strategic objectives and capitalize on our significant growth opportunities around the world," said Jay Craig, CEO and president. "These appointments bring additional expertise to various areas of the business and will position us to enhance value for our shareholders and customers."
In connection with today's appointments, the company also announced that Rob Speed, formerly senior vice president and president, Industrial, Engineering and Procurement, has left the company to pursue other opportunities.
Craig continued, "We thank Rob for his contributions to Meritor over the last 13 years and we wish him the best in the future."
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of approximately 8,200 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at www.meritor.com.
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SOURCE Meritor, Inc.