Troy, Mich., USA - April 30, 2015, Troy, Mich., USA - Meritor, Inc., a supplier of solutions for commercial vehicle and industrial markets, announced that Ivor J. Evans, chairman of the board of directors and CEO, has been appointed to the role of executive chairman.
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Mr. Evans has been Chairman and Chief Executive Officer of Meritor, Inc. since 2013, and a member of the Board of Directors since 2005.
Prior to this position, Mr. Evans served as president and chief operating officer of Union Pacific Railroad from 1998 until 2004 and as vice chairman of Union Pacific Corporation from January 2004 until his retirement in March 2005. From 1989 to 1998, he served in various executive positions at Emerson Electric Company, including senior vice president, Industrial Components and Equipment.
Prior to that, he was president of Blackstone Corp., an automotive component and systems manufacturer, from 1985 to 1989. He also spent 21 years serving in key operations roles for General Motors Corporation. Mr. Evans is on the board of directors of Textron, Inc.
Jeffrey A. Craig, President and Chief Operating Officer, succeeds Mr. Evans as Chief Executive Officer and will remain President. Mr. Craig has also been appointed to the Board of Directors.
Mr. Craig has been Meritor's President and Chief Operating Officer since 2014. In this position, Mr. Craig provides oversight to Meritor's business segments – Commercial Truck & Industrial and Aftermarket & Trailer.
Prior to taking on this position, he was Senior Vice President and President of Meritor's Commercial Truck & Industrial segment. He served as Senior Vice President and Chief Financial Officer at Meritor from 2009 to 2013 and has held various positions at the company since 2006.
Before joining Meritor, Mr. Craig served as president and CEO of General Motors Acceptance Corp.'s (GMAC) Commercial Finance organization from 2001 to 2006. Prior to that, he served as President and CEO of GMAC's Business Credit division from 1999 until 2001. He joined GMAC as a general auditor in 1997 from Deloitte & Touche, where he served as an audit partner. ■