Aftermarket auto parts maker Meritor (MTOR) on Wednesday announced that its Finance group VP Carl Anderson was appointed as the chief financial officer and a senior vice president, effective immediately.
Anderson enters the role as CFO Kevin Nowlan, who was also an SVP and the Trailer and Components president, resigned from the company.
Along with Anderson’s appointment, Joe Plomin was named a senior vice president and the president of Meritor’s Aftermarket & Industrial and Trailer group. He would also assume the added responsibility for the Trailer and Components businesses.
Meritor CEO Jay Craig expressed his confidence in the new appointments, and said that there would be a seamless transition for all its stakeholders.
“Carl has been a key member of our organization for the last 13 years and we are fortunate to have someone of his caliber step into the CFO role,” said the CEO.
“Joe’s deep knowledge of our business makes him ideally positioned to take on the additional responsibility of leading our Trailer and Components businesses. With our deep bench, leading market positions and talented employees, Meritor is strongly positioned to continue driving value for our shareholders,” he added.
Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
