TROY, Mich., June 29, 2015 /PRNewswire/ -- Meritor, Inc.
(NYSE: MTOR), regretfully announces the passing of David Devonshire who died on June 25 at the age of 70. Devonshire served on
Meritor's board of directors since 2004 and was the presiding
director from 2013 to 2015. He was the chair of the Audit Committee
and a member of the Compensation and Management Development
Committee. Devonshire resigned in May
2015 due to health reasons.
"David was a respected Meritor board member for more than a
decade," said Ike Evans, executive
chairman, Meritor. "He offered excellent counsel and strategic
direction to the company during his tenure. Our condolences go out
to David's family during this difficult time."
Devonshire served as Executive Vice President and Chief
Financial Officer at Motorola until his retirement in 2007. Prior
to that, he held executive positions with Ingersoll-Rand Company,
Owens Corning, Inc., Honeywell and others spanning a 40-year career
in finance and accounting.
Meritor will make a contribution to The Kellogg School of
Management at Northwestern University
in Devonshire's name.
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 around the world. Meritor is based in
Troy, Mich., United States, and is made up of more than
9,000 diverse employees who apply their knowledge and skills in
manufacturing facilities, engineering centers, joint ventures,
distribution centers and global offices in 18 countries. Common
stock is traded on the New York Stock Exchange under the ticker
symbol MTOR. For important information, visit the company's website
at meritor.com.
Logo -
http://photos.prnewswire.com/prnh/20110330/DE73783LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/meritor-mourns-the-passing-of-former-board-member-david-w-devonshire-300106386.html
SOURCE Meritor, Inc.