Detroit Diesel Corporation Announces Resignation of Vice Chairman, Timothy D. Leuliette
12 October 1999
Detroit Diesel Corporation Announces Resignation of Vice Chairman, Timothy D. LeulietteDETROIT, Oct. 8 -- Detroit Diesel Corporation announced today the resignation of Timothy D. Leuliette as vice chairman of Detroit Diesel Corporation. In addition, Leuliette leaves DDC's Board of Directors as part of his resignation. Roger S. Penske stated, "Tim has been a valuable contributor to the management team over the past three years at Detroit Diesel. This is a great opportunity for him and we wish him well in his new endeavors." Detroit Diesel Corporation is engaged in the design, manufacture, sale and service of heavy-duty diesel and alternative fuel engines, automotive diesel engines, and engine-related products. The Company offers a complete line of diesel engines from 22 to 10,000 horsepower for the on-highway; off-road; automotive; and power generation markets. Detroit Diesel services these markets directly and through a worldwide network of more than 2,800 authorized distributor and dealer locations. DDC is a QS-9000 certified company. Detroit Diesel's major shareholder is Penske Corporation, a closely-held, diversified transportation services company whose operations include Penske Truck Leasing Company, Diesel Technology Company, Penske Automotive Group, Inc., Penske Auto Centers, Inc., and Penske Capital Partners, L.L.C. Penske Corporation and its subsidiaries manage and operate businesses with annual revenues exceeding $10 billion and employ more than 33,000 people around the world. Detroit Diesel's World Wide Web address is http://www.detroitdiesel.com