Delco Remy Names Carol Mineart Corporate Financial Director

ANDERSON, Ind., June 11 Delco Remy International, Inc., CFO Raj Shah has named Carol Mineart to the position of Corporate Director of Financial Planning and Analysis. In her new assignment, Mineart will be responsible for providing leadership to the corporate financial analysis, planning and budgeting function. Additionally, she will serve a key role on the business development team and in acquisition integration activities and will report to Vice President and Operations Controller, Allen R. Wilkie.

"Ms. Mineart provides proven industry expertise and diversified professional experience to help us improve profitability and identify and capitalize on cost-cutting opportunities. As Delco Remy continues its growth through acquisitions and organically with market penetration and continues its drive toward operational excellence, it is increasingly important to ensure consistent and best practices across all Divisions and at the Corporate level in financial analysis, planning, and budgeting," Wilkie said.

Prior to joining Delco Remy, Mineart served ten years as CFO of Avis Industrial Corporation in Upland, Indiana, where she successfully led the financial integration of nine acquisitions and joint ventures in addition to responsibility for financial reporting, treasury, and all benefit plans. Other professional experience included assignments as accounting manager and internal auditor for Bridgestone/Firestone, Inc., in Indianapolis and Cooper CPA Group in Fort Wayne.

Ms. Mineart, an Anderson resident, is a graduate of Indiana University, where she earned a Bachelor of Science degree in Accounting and an MBA in Finance. She also is a Certified Public Accountant and holds a CMA title.

Delco Remy International, Inc., a leading worldwide manufacturer and remanufacturer of automotive, powertrain, drivetrain and electrical products, is headquartered in Anderson, Indiana, USA. Additional information about the company is available at: www.delcoremy.com