Meritor Announces Carl Anderson Vice President and Treasurer

TROY, Mich., Feb. 14, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), today announced Carl Anderson is being appointed to the position of vice president and treasurer. In this position, Anderson reports directly to Jay Craig, senior vice president and chief financial officer.

Anderson will be responsible for Treasury, Tax and Corporate Development. Previously, he served as assistant treasurer for Meritor. Anderson has been with the company for nearly six years. Prior to joining Meritor, he spent close to ten years in a variety of Finance and Treasury roles with GMAC.

"Carl's extensive financial background and experience in treasury, tax and corporate development activities make him the perfect candidate for this position," said Jay Craig, chief financial officer. "Carl has brought significant value to the team in the past several years and has proven to be a very effective Finance leader."

Anderson has an MBA in Finance from Wayne State University in Detroit, Mich. and a Bachelor of Arts in Economics from Michigan State University in East Lansing, Mich.

Mary Lehmann, formerly Meritor's senior vice president, Treasury, Tax, Corporate Development and Strategy, Communications and Investor Relations, has elected to accept an opportunity outside the company following eight years with Meritor. Lehmann played an instrumental role in the transformation of Meritor over the past several years.

Meritor's Corporate Strategy, Communications and Investor Relations functions will now report directly to Jay Craig.

About Meritor
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers in more than 70 countries. Meritor is based in Troy, Mich., United States, and is made up of more than 11,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's web site at meritor.com.

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SOURCE Meritor, Inc.