Meritor Shakes Up Executive Floor
Meritor, Inc. has announced changes to its executive management team, effective immediately. Carsten Reinhardt, formerly chief operating officer, has left the company to pursue other opportunities. Meritor said it does not plan to replace this position.
Pedro Ferro has been named vice president and president of the company's Industrial segment and an executive officer. Ferro will report directly to Chip McClure, chairman, CEO and president. Ferro rejoined the company in May 2011 as vice president, Strategic Business Performance. He is responsible for managing all aspects of the company's business in off-highway, military, bus and coach, fire and emergency, and other industrial applications. Ferro will also have responsibility for the company's on- and off-highway activities in Asia Pacific.
Tim Bowes, previously responsible for the company's Industrial segment becomes vice president and president, Commercial Truck. Bowes, who recently returned to the United States after three years in China, will now assume responsibility for the company's drivetrain systems and components, including axles, drivelines, braking and suspension systems, primarily for medium and heavy duty trucks in North America, South America and Europe. Bowes will also report to McClure.
Joe Mejaly, vice president and president, will continue to manage the Aftermarket & Trailer business segment reporting to McClure.
Mary Lehmann, senior vice president, will assume responsibility for corporate strategy in addition to her existing responsibilities for treasury, tax, corporate development, communications and investor relations.