Meritor Inc. announces a realignment of its operating segments to further drive its long-term strategic objectives while also assigning new responsibilities as part of Meritor’s commitment to leadership development. This realignment is effective immediately and includes the following appointments:
- Joseph Plomin has been appointed Senior Vice President and President, Aftermarket & Trailer and Quality. Since January 2014, he served as Senior Vice President and President, International, at Meritor. Plomin will leverage his significant aftermarket experience from managing aftermarket activities successfully at other companies as Meritor builds on the foundation now established to grow its Aftermarket business.
- Robert Speed has been appointed Senior Vice President and President, Industrial, Engineering and Procurement. Since April 2015, he served as Senior Vice President and President, Aftermarket & Trailer and Chief Procurement Officer at Meritor. Speed will bring his leadership expertise to some of the company's highest long-term potential growth businesses, including China, Off-Highway, Specialty and Components, as well as oversight of engineering activities, as the company increases its pace of product launches.
- Chris Villavarayan has been appointed Senior Vice President and President, Global Truck. Since February 2014, he served as Senior Vice President and President, Americas, for Meritor. This new role recognizes the increasingly global nature of the on-highway OE customer base and enables Villavarayan to apply his proven management approach to Meritor’s global truck business.
“As we continue to successfully execute on our M2019 priorities, we believe that realigning our operating segments will further drive our long-term strategic objectives while also providing leadership development opportunities for our business presidents,” says Jay Craig, CEO and President. “Joe, Rob and Chris are highly experienced leaders and have played an important role in our transformation over the past several years. We are confident that they will bring their unique strengths to these roles as we continue to focus on growth and shareholder return.”
