TROY, Mich., Jan 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held today at its corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable March 12, 2007, to
holders of record at the close of business on Feb. 20, 2007.
The company also held its annual shareowners meeting today at its
corporate headquarters. At the meeting, shareowners voted to elect Rhonda L.
Brooks, Ivor J. Evans, Charles G. McClure and William R. Newlin, to the Board
of Directors with terms expiring in 2010. In addition, the shareowners
approved the selection of Deloitte & Touche LLP, as the company's auditors,
and approved the adoption by the Board of Directors of the 2007 Long-Term
ArvinMeritor Chairman, Chief Executive Officer and President, Charles
McClure presented the company's vision for growth and profitability, and
highlighted the company's recently launched global transformation program,
Performance Plus. The presentation is available on the company's Investor page
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 from more than 110
manufacturing facilities globally. Headquartered in Troy, Mich., ArvinMeritor
employs approximately 27,000 people in 26 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/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
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