ArvinMeritor Names Ivor J. Evans to the Board of Directors
TROY, Mich., May 31, 2005 -- ArvinMeritor, Inc. today announced that Ivor J. "Ike" Evans, retired vice chairman of Union Pacific Corp. and Union Pacific Railroad, has been elected to the ArvinMeritor Board of Directors, effective May 31.
"Ike's wealth of operations and management experience, which includes extensive background in the automotive industry, will serve ArvinMeritor well," said Chairman, CEO and President Charles G. "Chip" McClure. "We are fortunate to have him join our Board of Directors."
Evans is currently an operating partner of Thayer Capital Partners, a private equity investment firm based in Washington, D.C.
He served as president and chief operating officer of Union Pacific Railroad before his election to vice chairman of the company in 2004, and is also a past director of Union Pacific Corp. Before that, Evans held positions of increasing responsibility with Emerson Electric Co., including that of senior vice president. In 1985, he was named president of Blackstone Corp., an automotive component and systems manufacturer.
Prior to joining Blackstone, he spent 21 years serving in key operations roles for General Motors Corp., within its Buick, Chevrolet, Delco Products and Harrison Radiator divisions.
Evans holds a bachelor's degree in electrical engineering from Kansas State University in Manhattan, Kan., and is also a graduate of the Management Development program at Harvard University in Cambridge, Mass.
ArvinMeritor, Inc. is a premier $8 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. Headquartered in Troy, Mich., ArvinMeritor employs approximately 31,000 people at more than 120 manufacturing facilities in 25 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: http://www.arvinmeritor.com/ .