ArvinMeritor Announces Finance Leadership Appointments

TROY, Mich., Jan. 14, 2004 -- ArvinMeritor, Inc. announces that Robert (Rob) Guy has been named vice president of Finance for the company's Light Vehicle Systems (LVS) business group, and that Marc Pensa has been named vice president of Finance for ArvinMeritor's Commercial Vehicle Systems (CVS) business group. Both men will report directly to Rakesh Sachdev, ArvinMeritor vice president and controller. The appointments were effective Dec. 1, 2003.

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In their new positions as Finance leaders of the LVS and CVS businesses, Guy and Pensa are responsible for accounting; financial planning and reporting; strategic planning; business analysis; and operational support for their respective businesses.

Guy joined ArvinMeritor in 1999 as vice president of Finance for CVS. Before coming to ArvinMeritor, he held a number of leadership positions in a four-year career with Lear Corporation. He began his career in 1976 with 10 years at Ex-Cell-O Corporation, followed by 10 years with Textron Automotive Co.

Guy holds a bachelor's degree in accounting from Michigan State University and a master's degree in marketing from Northern Illinois University. He also did mergers-and-acquisitions course work with the American Management Association, and participated in the Textron Executive Development program through Harvard Business School.

Pensa joined ArvinMeritor in 1990, and has held a number of financial management positions within the CVS organization, including positions with Rockwell International of Canada, ZF Meritor and, most recently, senior director of Finance for the CVS business group. He began his career with KPMG in London, Ont., Canada.

A Certified General Accountant (CGA), Pensa earned a bachelor of commerce degree in business administration, with honors, from the University of Windsor in Windsor, Ont., Canada.