BorgWarner Names John G. Sanderson President of Transmission Systems Business
February 25 2009 - 9:14AM
PR Newswire (US)
AUBURN HILLS, Mich., Feb. 25 /PRNewswire-FirstCall/ -- BorgWarner
(NYSE: BWA) announced today that John G. Sanderson, 56, has been
named President and General Manager of BorgWarner Transmission
Systems, Drivetrain Group, and Vice President of BorgWarner Inc. He
succeeds Bernd W. Matthes who has been appointed to the newly
created position of President of Transmission Joint Ventures, and
continues as Vice President of BorgWarner Inc. "We are excited to
welcome John to the BorgWarner organization to continue the growth
of our Transmission Systems business," said Timothy Manganello,
Chairman and CEO. "His proven track record in the automotive
industry will strengthen our company's leadership and be of great
value to our team as we continue to grow this important piece of
our business." Sanderson brings with him over 20 years of
automotive experience. He most recently held the position of
President and CEO, Americas for Siemens VDO starting in 2000. In
that position, he was responsible for growing component sales
organically and through mergers and acquisitions with strong focus
upon technology leadership and strict financial discipline. He
served in a variety of senior roles for Siemens including Vice
President and General Manager, Powertrain Gasoline Systems.
Sanderson is a graduate of Old Dominion University, Norfolk,
Virginia B.S. and MBA programs. Auburn Hills, Michigan-based
BorgWarner Inc. (NYSE:BWA) is a product leader in highly engineered
components and systems for vehicle powertrain applications
worldwide. The FORTUNE 500 company operates manufacturing and
technical facilities in 60 locations in 18 countries. Customers
include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors,
Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA,
and MAN. The Internet address for BorgWarner is:
http://www.borgwarner.com/. Statements contained in this news
release may contain forward-looking statements as contemplated by
the 1995 Private Securities Litigation Reform Act that are based on
management's current expectations, estimates and projections. Words
such as "outlook", "expects," "anticipates," "intends," "plans,"
"believes," "estimates," variations of such words and similar
expressions are intended to identify such forward-looking
statements. Forward-looking statements are subject to risks and
uncertainties, many of which are difficult to predict and generally
beyond our control, that could cause actual results to differ
materially from those expressed, projected or implied in or by the
forward-looking statements. Such risks and uncertainties include:
fluctuations in domestic or foreign vehicle production, the
continued use of outside suppliers, fluctuations in demand for
vehicles containing our products, changes in general economic
conditions, and other risks detailed in our filings with the
Securities and Exchange Commission, including the Risk Factors,
identified in our most recently filed Annual Report on Form 10-K.
We do not undertake any obligation to update any forward-looking
statements. DATASOURCE: BorgWarner Inc. CONTACT: David Peterson of
BorgWarner Inc., +1-248-754-0883 Web Site:
http://www.borgwarner.com/
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