John Sanderson Named CEO of Siemens Automotive Corporation JOHN G. SANDERSON OF SIEMENS AUTOMOTIVE John G. Sanderson is the newly appointed president and CEO of Siemens Automotive U.S. Operations. (PRNewsFoto)[PM] AUBURN HILLS, MI USA 10/02/2000

2 October 2000

    AUBURN HILLS, Mich., Oct. 2 Siemens Automotive today
announced the appointment of John G. Sanderson to the position of president
and chief executive officer of Siemens Automotive Corporation, effective
immediately.  He assumes the authority and responsibility for guiding the U.S.
activities of the company, which is a global supplier of automotive
electronics.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20001002/DEM012 )
    Sanderson takes over from Dr. Franz Wressnigg, who will remain in the
position of Chairman of the Board of Siemens Automotive.  Wressnigg will focus
on expanding the worldwide operations of Siemens Automotive.  Together,
Sanderson and Wressnigg will work closely with the worldwide Managing Board of
Siemens Automotive to determine and implement company policy for the U.S.
market place, as well as identify new business opportunities.
    "Our U.S. business needed the total commitment of a CEO who knows the
market place, understands our customers' dynamic needs and understands the
company's principles and philosophies," said Wressnigg.  "John Sanderson
possesses all critical attributes required to lead our U.S. operations into
the future."
    Previously, Sanderson served as vice president and general manager leading
the company's global product development, manufacturing and engineering for
Siemens Automotive's Powertrain Gasoline Systems Division, in addition to
serving as head of the Fuel Components division's day-to-day operations.
    Prior to his service as vice president and general manager of Gasoline
Systems, Sanderson served as vice president and account executive for two
global key accounts, to Ford Motor Company in 1995, and two years later
accepting the leadership of the General Motors worldwide sales team.  In this
role, Sanderson defined and set global strategic business initiatives, which
included aligning the various Siemens business units in order to drive the
business growth and initiatives with these strategic customers.
    Sanderson holds a B.S. and an M.B.A. from Old Dominion University
(Norfolk, VA).  Sanderson also completed five years of military service with
the United States Navy.
    Siemens Automotive is a tier-one supplier of automotive and electrical-
electronic systems and components with applications covering gasoline and
diesel powertrain systems, safety and chassis systems, body electronics,
electric motor drives and driver information systems.  Worldwide sales in
fiscal year 1998/1999 totaled $3.6 billion.