ArvinMeritor Announces the Appointment of Juan De La Riva To Senior Vice President and President, Light Vehicle Systems
TROY, Mich., Aug. 26, 2003 -- ArvinMeritor, Inc. today announced the appointment of Juan De La Riva to the position of senior vice president and president, Light Vehicle Systems (LVS), effective immediately. He will report to ArvinMeritor's President and Chief Operating Officer Terry O'Rourke.
As president of LVS, De La Riva will be responsible for overall strategic management of the company's $4.5 billion passenger vehicle components and modules and systems business, including air and emissions technologies, aperture and undercarriage businesses. His focus is on growth strategies, global expansion and enhanced product quality.
"Juan's extensive knowledge of our industry and our global customers, as well as his strong leadership skills, lean manufacturing experience and financial insight will ensure the success of this organization," said O'Rourke. "He more than proved his ability to drive results when he helped lead the highly successful ArvinMeritor integration process in July 2000, which exceeded the synergy goals."
In his previous position at ArvinMeritor, De La Riva was responsible for Corporate Development & Strategy, Engineering and Procurement. Before the July 2000 merger of Arvin Inc. and Meritor Automotive Inc., De La Riva held the positions of senior vice president, Business Development and Strategy, senior vice president of Communications until August 1999, and was named a corporate officer of Meritor in February 1999.
In early 1994, De La Riva joined the company as a director of Rockwell do Brasil S.A., and served as chairman of Rockwell's South American council. He was named managing director of Rockwell Automotive's Light Vehicle Systems' wheels business in Limeira, Brazil, later that year. Before coming to ArvinMeritor, De La Riva was director and partner in Amtech Com e Ind.
De La Riva began his professional career in the New York marketing and sales department of Bendix Corporation's international division. In 1978, following a series of promotions and appointments, he was transferred to Allied-Signal in Brazil, where he was promoted to vice president of Engineering, Marketing and Sales. In 1981, De La Riva was appointed vice president and general manager of Allied-Signal's friction materials business for the South American region.
De La Riva holds a bachelor of science degree in business from City University of New York and a master's of business administration in finance from the University of Detroit.
De La Riva will replace Craig Stinson who has decided to pursue other endeavors outside the company. "We are indebted to Craig's commitment and dedication to the company as well as to the numerous contributions he has made throughout his career at ArvinMeritor," said O'Rourke.
ArvinMeritor, Inc. is a premier $7-billion 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 related aftermarkets. In addition, ArvinMeritor is a leader in coil coating applications. The company is headquartered in Troy, Mich., and employs 32,000 people at more than 150 manufacturing facilities in 27 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: www.arvinmeritor.com.
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