Meritor recently appointed Carl Anderson senior vice president and chief financial officer, effective immediately.
The appointment of Anderson, formerly the finance group VP, follows Kevin Nowlan’s decision to resign from his role as senior VP and president of Trailer and Components, and CFO, to accept a CFO position with another company.
“As I prepare to start the next chapter of my career, I am grateful for my experience at Meritor and take great pride in the value we have created,” Nowlan said. “It has been a privilege to work alongside the company’s dedicated team, and I believe Meritor is well-positioned for continued success.”
Joe Plomin was appointed senior VP and president of aftermarket, industrial and trailer, and will assume expanded responsibility for the trailer and components businesses.
“I am confident that today’s appointments will ensure a seamless transition for all of Meritor’s stakeholders,” said Jay Craig, Meritor CEO and president. “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.
“Additionally, 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.
“Kevin’s contributions over the years have helped position Meritor as a global leader with a strong platform for growth and value creation. We wish Kevin the best in his future endeavors as we remain focused on executing on our M2022 objectives.”