Bosch Appoints Product-Line Leadership Positions in Chassis Division

FARMINGTON HILLS, Mich., Aug. 23, 2004 -- Robert Bosch Corporation today announced the appointment of John Mirsky, Steve Ballenger, Martin Borsik and Greg Harrison to new leadership positions in the company's Chassis Division.

In their roles as senior vice presidents, Mirsky, Ballenger and Borsik each have responsibility for one of Bosch's product-focused business units in North America, including manufacturing, product development, marketing/product management, and controlling.

In addition to his role as senior vice president, foundation-Americas, Mirsky also is general manager of Bosch's foundation brake business on a global basis. In his role as senior vice president, actuation-Americas, Ballenger will lead Bosch's brake actuation business unit in North America. Borsik, senior vice president, chassis system management-Americas, will oversee Bosch's chassis system management business unit in North America.

Harrison has been named vice president, engineering, global foundation. In this position, Harrison leads foundation brake component engineering for Bosch on a global basis.

Mirsky has been with Bosch since 1978. Since 1998, he served as senior vice president, manufacturing, Robert Bosch Tool Corporation. Prior to 1998, he held engineering and management positions with Bosch in Germany and the United States. Mirsky earned bachelor's and master's degrees in mechanical engineering from the University of Michigan and Stanford University, respectively.

Ballenger has been with Bosch since 1990 in a variety of engineering and management positions. Most recently, he was vice president, operations, overseeing manufacturing for the Chassis Division in the United States and Mexico. He earned a bachelor's degree in mechanical engineering and a master's degree in industrial management, both from Clemson University in Clemson, S.C.

Borsik has been with Bosch since 1988. Prior to his current role, Borsik held positions in the development of antilock braking systems (ABS) and electronic stability program (ESP). Most recently, he served as vice president, sales and marketing for Bosch's chassis business in Schwieberdingen, Germany. He earned his mechanical engineering degree from the University of Applied Science in Heilbronn, Germany.

Harrison has 22 years of product engineering and engineering management experience with the company. Most recently, he was director, new component design. He holds a bachelor's degree in mechanical engineering from the University of Michigan.

One of the largest North American automotive suppliers, Bosch develops, manufactures and supplies precision components and systems -- including body electronics, chassis and powertrain -- for every major vehicle manufacturer worldwide.

In North America, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial automation and mobile products, power tools and accessories, security technology, packaging equipment and household appliances. Bosch employs more than 23,000 associates in facilities across North America and reported sales of $6.6 billion in 2003. For more information, visit http://www.boschusa.com/ .

NOTE TO EDITORS: Mirsky resides in Plymouth, Mich. Ballenger resides in Howell, Mich. Borsik resides in Wixom, Mich. Harrison resides in Niles, Mich. Photos available upon request.