Tom Stallkamp Joining MSX International as CEO
16 December 1999
Tom Stallkamp Joining MSX International as CEO
AUBURN HILLS, Mich., Dec. 16 -- Thomas T. Stallkamp, 53,
currently Vice Chairman of DaimlerChrysler Corporation, is joining MSX
International, Inc. as Vice Chairman and Chief Executive Officer. The
announcement was made by E. H. (Bill) Billig, 72, who relinquishes his role as
Chief Executive Officer and continues as Chairman of the Board. The
appointment is effective in early January.
"We are delighted to welcome Tom Stallkamp to our growing global
enterprise," said Bill Billig, Chairman. "I have admired Tom's innovative and
thoughtful leadership skills for many years." Billig continued, "Tom had a
number of compelling career options, and his arrival is an expression of
confidence in our people and our dynamic growth potential. He brings a
powerful competitive advantage to the broad range of services which we provide
to our worldwide customer base."
"I am very pleased to join the MSX International team -- this new company
has established itself as a leading provider of engineering and technology
oriented business services to the world's automobile manufacturers," said Tom
Stallkamp. "As the global economy moves to be more productive and flexible, I
am confident that MSX International will grow and offer these valuable
services to many other worldwide industries. I believe my background in
supply chain management and knowledge of new business concepts have found a
great opportunity, and I look forward to this new challenge."
Stallkamp was President of DaimlerChrysler Corporation and a member of its
Board of Management prior to becoming Vice Chairman in September 1999. As a
member of Chrysler Corporation's management team with growing responsibilities
for close to 20 years, he helped lead the company to new stability and growth
in the uncommonly competitive automotive industry.
He became known for developing new business processes and enhanced
partnerships with the automotive supply community, thereby improving product
quality and cost efficiencies. As an example, Chrysler's SCORE (Supplier Cost
Reduction Effort) Program is a successful, structured approach by which
DaimlerChrysler's suppliers seek ways to reduce cost, or to improve product or
process performance for the same cost.
Stallkamp received his bachelor's degree as well as his Master's in
Business Administration from Miami University (Ohio). He is a member of the
Board of Directors of Kmart Corporation. He and his wife Ann have two
college-age sons.
MSX International is a leading global provider of technology-driven
engineering, business and specialized staffing services. The company's
services enable customers to significantly improve their business performance
by adding value and helping them to achieve a competitive advantage.
The company has experienced increases in revenues and earnings due to
organic growth of its service lines with existing customers and a strong rate
of acquisition activity in Europe and North America. The firm is well
positioned to benefit from escalating customer requests for worldwide access
to critical, specialized expertise and up-to-date technology. Benefits to
customers include cost reduction, speed and flexibility, consistent quality of
operating processes and global delivery of talent and expertise.
With annual sales exceeding $1.3 billion, MSX International employs more
than 12,000 professional staff and contract personnel at over 60 operating
locations in 23 countries worldwide. The company offers its customers a wide
range of technology-driven services, both on-site and off-site, including
product engineering and manufacturing engineering; contract and temporary
staffing; training; purchasing support; marketing support; electronic document
and information storage and retrieval; process improvement consulting; and web
and information technology services.
MSX International's headquarters is in Auburn Hills, Michigan, USA. Visit
MSX International's Web site at http://www.msxi.com . MSX International's
news releases are also available at http://www.prnewswire.com .
This document contains statements that constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are not guarantees of future
performance and involve significant risks and uncertainties. Actual results
may vary materially from those in the forward-looking statements as a result
of any number of factors, many of which are beyond the control of management.
These important factors are discussed in MSX International's filings with the
Securities and Exchange Commission.