The Board of Directors of Meritor Inc. has named Ivor J. Evans chairman of the board, chief executive officer and president. A member of the Board of Directors of Meritor since 2005, Evans has been serving as the company’s executive chairman, interim chief executive officer and president since May 3, 2013.
“I strongly believe in this company and M2016, the three-year plan we are executing to improve earnings, increase revenue and strengthen our balance sheet,” Evans said. “During the past three months, I’ve spent a great deal of time getting to know the leadership team at Meritor, and I look forward to working with them as we move closer to the level of performance we want for our shareholders and for ourselves.”
Previously, Evans served as vice chairman of Union Pacific Corp., as president and chief operating officer of Union Pacific Railroad, and in various executive positions at Emerson Electric Co., including senior vice president, Industrial Components and Equipment. He also spent 21 years in operations roles at General Motors Corp.