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ArvinMeritor Announces Key Executive Appointments within Its Global Operations

Creates Emissions Technology Group to Support Increasing Customer Demand

Philip R. Martens named senior vice president and president, Light Vehicle Systems; Juan De La Riva to retire

Carsten J. Reinhardt named senior vice president and president, Commercial Vehicle Systems; Tom Gosnell to retire

H.H. "Buddy" Wacaser named senior vice president and president, Emissions Technology Group

TROY, Mich., Aug. 24 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced a series of executive changes within its global operations, as well as a new Emissions Technology Group.

The following changes, effective Sept. 1, 2006, were announced by ArvinMeritor's Chairman, CEO and President Chip McClure:

Philip R. Martens is named senior vice president and president of the company's Light Vehicle Systems (LVS) business -- he most recently served as president and COO of Plastech Engineered Products. Martens will succeed Juan De La Riva, who is retiring after 12 years at ArvinMeritor and more than 30 years in the automotive industry. Martens will be responsible for the overall strategic and operational management of the company's passenger vehicle components, modules and systems business, including the aperture and undercarriage businesses.

"Phil's extensive knowledge of the automotive industry, together with his vast international experience, operational expertise and proven leadership capabilities, will be a major asset in leading the LVS organization," said McClure. "With our increased focus on improving margins, we are confident that Phil will deliver the results we expect in maximizing operating efficiencies, while enhancing LVS performance and maintaining our strong position in the global markets we serve."

Carsten J. Reinhardt is named senior vice president and president of the company's Commercial Vehicle Systems (CVS) business. Reinhardt previously held the position of CEO and president of Detroit Diesel Corp., a subsidiary of DaimlerChrysler AG. Reinhardt succeeds Tom Gosnell, who is retiring after 27 years at ArvinMeritor. To ensure a smooth transition for the CVS business, Gosnell will remain an ArvinMeritor consultant.

Reinhardt will be responsible for the overall strategic management of the company's global commercial vehicle components and customer-focused services -- both for OE production and the aftermarket.

"Carsten's track record for focusing on operational excellence, improving financial performance and executing growth initiatives will be a tremendous asset to maintaining and enhancing an already strong organization," said McClure. "We remain steadfast in our determination to continue controlling costs and to provide outstanding customer service, and we are confident Carsten has the skills and business acumen to drive continued growth in this segment."

H.H. "Buddy" Wacaser is named senior vice president and president of the newly formed Emissions Technology Group. The Emissions Technology organization will be devoted to the ongoing development and operations of both light and heavy vehicle emissions technologies and products. Wacaser will be responsible for overall strategic management of the group. Wacaser most recently served as president and CEO of Meridian Automotive Systems, Inc.

"With more than three decades of experience in manufacturing, quality and engineering, Buddy has a deep understanding of the need for efficient operations," said McClure. "He has successfully led integration teams and helped forge strategic relationships with customers worldwide. We look forward to benefiting from his strong operational and financial expertise, and the contributions he will bring to the Emissions Technology Group." McClure continued, "In addition to our LVS and CVS businesses, we established the Emissions Technology Group as a separate business, in order to provide a sharper focus on and better support of the increasing customer demand for both light and heavy vehicle emissions systems and solutions."

ArvinMeritor's Light Vehicle Emissions and Commercial Vehicle Emissions businesses will become part of the newly formed group. "We see tremendous opportunities for growth in the emissions arena and believe this new, focused group will help us maintain our leadership position in this growing market segment," said McClure.

Martens, Reinhardt and Wacaser will report to Chip McClure.

McClure added, "On behalf of ArvinMeritor, I would like to thank Juan and Tom for their many years of dedication and valuable contributions to the company. Their ongoing commitment to innovation and to driving our continued global expansion has helped position ArvinMeritor as an industry leader that is poised for future growth and success. We wish them well."

Below are brief biographies for ArvinMeritor's new executives:

Philip R. Martens

Martens most recently served as president and COO of Plastech Engineered Products. Martens managed the company's operations, sales, purchasing, product development, information technology, new business development and industrial design.

He joined Plastech after its acquisition of LDM, which grew revenue from $300 million to approximately $1 billion. Before joining Plastech in 2005, Martens spent more than 18 years in various leadership positions with Ford Motor Co., including as: group vice president of Product Creation, vice president of North American Product Creation and vice president of North American Product Development.

Martens joined Ford in 1987 and held various engineering positions until 1999, when he was named managing director of Planning, Design and Product Development of Mazda Motor Corp. in Hiroshima, Japan.

Martens holds a Ph.D. in engineering from Lawrence Technical Institution, a bachelor's degree in mechanical engineering from Virginia Tech and a Master of Business Administration from the University of Michigan.

Carsten J. Reinhardt

Reinhardt joined Detroit Diesel Corp. (DDC), an affiliated company of the Freightliner Group, a DaimlerChrysler company, as CEO and president in March 2003. Reinhardt was responsible for overseeing DDC's business and operations, including the design, manufacturing and marketing of DDC's heavy-duty diesel engines for the global on-highway commercial vehicle market.

Prior to his role at DDC, Reinhardt served as vice president and general manager of Operations for Freightliner LLC subsidiary Western Star Trucks, from March 2001 to April 2003. Before that, he held various management positions with Freightliner's Manufacturing organization. He began his career as a management trainee at DaimlerChrysler in 1993.

Reinhardt holds a bachelor's degree in mechanical engineering from Esslingen Technical College in Germany and a master's degree in automotive engineering from the University of Herdfordshire in the United Kingdom.

H.H. "Buddy" Wacaser

Wacaser was president and CEO of Meridian Automotive Systems, Inc., a full-service Tier One supplier to Ford Motor Co., General Motors, DaimlerChrysler, Toyota, Honda and Nissan from 2002-2005. Prior to this role, he served as Meridian's executive vice president, from 1997-2002.

Wacaser has more than 33 years of experience in manufacturing, quality and engineering. Prior to joining Meridian in 1997, Wacaser was employed from 1978 to 1997 by Alcoa Fujikura Ltd., where he served as vice president of European Operating and Emerging Markets, located in Stuttgart, Germany and Budapest, Hungary. He was previously vice president of the North American Electrical Distribution Systems (EDS) Operations, and prior to that was operations manager responsible for multiple EDS plant operations. From 1967 to 1977, Wacaser was employed by ITT Automotive Electrical Products Division in various manufacturing positions.

About ArvinMeritor

ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets. Headquartered in Troy, Mich., ArvinMeritor employs approximately 29,000 people at more than 120 manufacturing facilities in 25 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com/ .

SOURCE ArvinMeritor, Inc.
CONTACT: Media Inquiries: Lin Cummins, +1-248-435-7112,
linda.cummins@arvinmeritor.com , Investor Inquiries: Terry Huch, +1-248-435-9426, terry.huch@arvinmeritor.com , both of ArvinMeritor
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO
PRN Photo Desk photodesk@prnewswire.com
Company News On-Call: http://www.prnewswire.com/comp/762401.html
Web site: http://www.arvinmeritor.com

 
 
 
 
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