ArvinMeritor Names Steven G. Rothmeier and Andrew J. Schindler to the Board of Directors
TROY, Mich. (Nov. 11,
2004) — ArvinMeritor Inc. (NYSE:
ARM) today announced that Steven G. Rothmeier, chairman and CEO
of Great Northern Capital, and Andrew J. Schindler, chairman of Reynolds
American Inc., have been elected to the ArvinMeritor Board of Directors,
effective Nov. 11, 2004. The announcement was made following a company Board
meeting.
“Both of these individuals bring a wealth of solid
business, financial and operational leadership to the table, and have a great
deal to contribute to the ArvinMeritor team,” said Chairman, CEO and President
Charles G. “Chip” McClure. “We are fortunate they have chosen to join us at this
time.”
Rothmeier founded Great Northern Capital, based in
St. Paul, Minn., in 1993, after serving as president of a Twin Cities venture
capital and merchant banking firm.
Before that, he was with Northwest Airlines, Inc.
Rothmeier began his career with Northwest in 1973 as a corporate financial
analyst – later to become director of economic planning in the Regulatory
Proceedings Division. Subsequent positions of increasing leadership at Northwest
included vice president of finance and treasurer; executive vice president of
finance and administration; CFO; and president and COO. He was named chairman
and CEO of NWA, Inc. and the airline in 1985.
Rothmeier earned a bachelor’s degree in business
administration from the University of Notre Dame and a master’s of business
administration from the University of Chicago Graduate School of
Business.
Schindler is chairman of Reynolds American, the
parent company of R.J. Reynolds Tobacco Company, Santa Fe Natural Tobacco
Company, Lane Limited and R.J. Reynolds Global Products, Inc. that was
established in July 2004. He joined R.J. Reynolds Industries, Inc. in 1974.
After a series of positions of increasing responsibility he was named director
of manufacturing for Nabisco Foods Co. in 1987. Returning to R.J. Reynolds
Tobacco in 1988 as vice president of personnel, Schindler moved to operations
the following year and, in 1994, was named president and COO. The next
year, he became president and CEO, and, in 1999, was named chairman, president
and CEO of R.J. Reynolds Tobacco Holdings, Inc.
Schindler achieved the rank of captain in the U.S.
Army, where he held command and staff positions in the United States and in
Vietnam. He earned a bachelor’s degree from Franklin and Marshall College in
Lancaster, Pa., and holds a master’s of business administration from The Wharton
School of the University of Pennsylvania.
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 32,000 people at more than 150 manufacturing facilities in 27
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/.
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