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GenCorp Names President of Its Vehicle Sealing Business

14 September 1998

GenCorp Names Robert L. Calder President of Its Vehicle Sealing Business

    FAIRLAWN, Ohio, Sept. 14 -- GenCorp Inc. today
announced the appointment of Robert L. Calder to the position of President of
its automotive Worldwide Vehicle Sealing business unit, effective September
28.  At that time, D. Michael Steuert, who has served as interim president
since July 15, 1998, will again devote full time to his role as Chief
Financial Officer of the Corporation.
    Calder will lead all aspects of the Worldwide Vehicle Sealing business and
will provide an increased focus on development and implementation of
strategies key to strengthening its position in North American and
international marketplaces.
    Calder joins GenCorp from TG North America, where he served as Executive
Vice President and Director of Waterville TG, Inc. and as Executive Vice
President of TG (USA), Inc., businesses with combined sales of $450 million.
TG North America produces rubber automotive sealing systems, steering wheels,
airbag assemblies, interior trim and mechanical rubber auto parts.
    "Bob's record of strong and effective leadership in the automotive
industry -- and more specifically in vehicle sealing -- makes him ideally
suited to build upon GenCorp's recent program achievements and successfully
leverage this unit's reputation for design and engineering excellence," said
John Yasinsky, GenCorp Chairman and Chief Executive Officer.
    "Bob demonstrates the values and operating style that are compatible and
aligned with the GenCorp objectives and culture we have established.  His
proven ability to strengthen and grow businesses is right in line with our top
priorities of Operational Excellence and Value Creating Growth," Yasinsky
said.
    Prior to his recent position, Calder served as Chairman of Butler Metals
in Ontario, Canada from 1991 to 1996.  He led efforts to turn around and
strengthen the company through joint ventures and the introduction of new
technologies.
    Calder was Chairman of Associated Industrial Rubber of Montreal from 1988
until 1991.  He was one of the founders of Waterville TG in 1977.  Under his
leadership, Waterville grew to become a major supplier of rubber automotive
sealing systems to the North American auto industry.
    Earlier in his career, Calder held high level management positions in the
retail, packaging, flooring and footwear industries.
    Calder earned his BS in Chemical Engineering from McGill University in
Montreal, Canada.  He is a past chairman of The Autoparts Manufacturers
Association of Canada and the automotive sector of the Canada-Japan
Businessman's Association.
    GenCorp is a market-driven, technology-based manufacturer with leading
positions in numerous polymer product markets as well as the aerospace and
defense and automotive industries.