Transtar Names Timothy E. Bowes As Chief Executive Officer
Former Meritor Executive Joins Leader in Driveline Solutions
CLEVELAND, Jan. 30, 2013
CLEVELAND, Jan. 30, 2013 /PRNewswire/ --Transtar Industries, Inc., the
premier provider of world-class driveline solutions, today announced that
Timothy E. Bowes will join Transtar as Chief Executive Officer. Bob Keegan,
who acted as interim CEO during the search, will remain as Executive Chairman
"I am very pleased to have Tim join the Transtar team and lead the company in
driving the next phase of our business growth," Keegan said. "Tim brings
excellent leadership skills, a record of outstanding business performance and
extensive automotive industry expertise to the position."
"The Board and executive team are committed to continued investment in the
business," Keegan added. "We are very confident Transtar will continue to
build on our core strengths and be well-positioned to take advantage of
emerging opportunities under Tim's leadership."
Bowes joins from Meritor Inc. (MTOR: NYSE) where he worked the last seven
years and most recently served as an Executive Officer and President of
Meritor's Commercial Truck and Industrial business unit, a $3B+ business
providing drivetrain and braking products to the O.E. and aftermarket for
commercial vehicle, defense, and off highway markets globally. In his tenure
at Meritor, Bowes also spent 3 years living in Shanghai, China running
Meritor's Asia Pacific business. Prior to Meritor, Bowes spent 15 years in
the automotive passenger car industry at companies including ITT Automotive,
Intermet Corporation, and Wescast Industries.
With the addition of Bowes, the Board has established a strong and experienced
executive team at Transtar. With this leadership team now in place, and their
deep knowledge of the business and industry, coupled with the company's
extensive product offerings, Transtar is well positioned for continued
About Transtar Industries
Transtar Industries, Inc. is the premier provider of world-class driveline
solutions to the automotive aftermarket. Among its offerings are automatic and
standard transmission units, kits and components, automotive specialty repair
and refinishing products, and high-performance parts and accessories.
Established in 1975, Transtar, its subsidiaries and affiliates provide
services around the world in more than 70 locations in 80 countries.For more
information, visit www.Transtar1.com.
SOURCE Transtar Industries, Inc.
Contact: Mike Riley, Stanton Public Relations & Marketing, +1-646-502-3530,
Press spacebar to pause and continue. Press esc to stop.