TI Automotive Names Langone, Hampel as Directors
WARREN, Mich., Jan. 14 /PRNewswire/ -- Kenneth Langone and Sir Ronald Hampel have been named to the board of directors at TI Automotive, the world's leading supplier of automotive fuel storage and delivery systems. Kenneth Langone is the founder and chairman of Invemed Associates LLC, a New York Stock Exchange member firm involved in the brokerage business and investment banking. He currently serves on the board of overseers at New York University's Leonard N. Stern School of Business; the board of trustees of New York University, and as chairman of the board of trustees at New York University Medical School and Hospital. A co-founder of Home Depot, Inc., in Atlanta, Ga., Langone has been a director and member of the executive committee of Home Depot's board since the company was founded in 1978. He also serves on the boards of ChoicePoint, Inc., YUM Brands, Unifi, Inc. and Micell Technologies. Sir Ronald Hampel recently retired as chairman of Templeton Emerging Markets Investment Trust (TEMIT) in the United Kingdom, and was previously chairman of United Business Media plc. He spent 44 years with Imperial Chemical Industries, where he joined the board in 1985, became chief operating officer in 1991 and chief executive officer in 1993. Chairman of the board at Imperial Chemical Industries from 1995 to 1998, Hampel was knighted in 1995 by Queen Elizabeth II of England. Both Langone and Hampel will serve as independent members of TI Automotive's board of directors. TI Automotive is the world's leading supplier of fluid storage, transfer and delivery systems, including brake, fuel and air conditioning applications. With headquarter locations in Warren, Mich., and Oxford, England, the company employs more than 16,000 people at more than 100 facilities in 27 countries on six continents. Annual sales in 2006 totaled approximately $2.9 billion. Further information is available on the Internet at www.tiautomotive.com.
SOURCE TI Automotive
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