• ITVI.USA
    15,861.160
    -7.510
    0%
  • OTLT.USA
    2.793
    0.019
    0.7%
  • OTRI.USA
    21.460
    -0.010
    0%
  • OTVI.USA
    15,867.600
    -6.080
    0%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
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  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,861.160
    -7.510
    0%
  • OTLT.USA
    2.793
    0.019
    0.7%
  • OTRI.USA
    21.460
    -0.010
    0%
  • OTVI.USA
    15,867.600
    -6.080
    0%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
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  • WAIT.USA
    126.000
    0.000
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NewsTrucking

Driveline supplier Meritor names Villavarayan as next CEO

Fast-rising veteran executive was named chief operating officer in January

Commercial truck driveline producer Meritor Inc. (NYSE: MTOR) is getting a new CEO. Executive Vice President and Chief Operating Officer Chris Villavarayan will succeed Jay Craig in February 2021.

Craig has been CEO of the Tier 1 automotive supplier since April 2015. He will transition to executive chairman. Meritor’s current chairman, William R. Newlin, will become lead director of the Board of Directors. Villavarayan also will join the board. 

Villavarayan has overseen Meritor’s global operations. He also led product and customer strategy and supplier relationship management.

“Over the last 20 years at Meritor, I have worked alongside some of the best and most innovative talent in the industry. I would like to thank Jay for his guidance and support and the board for placing its trust in me,” Villavarayan said in a press release.

Before being appointed senior vice president and president of Meritor’s Global Truck segment in January 2018, Villavarayan served as president of Truck Americas, responsible for Meritor’s Commercial Truck, Defense and Specialty businesses in North and South America. He was appointed executive vice president and chief operating officer in January 2020.

Meritor’s Q3 fiscal results reflect worth of pandemic

Meritor partially restores pay cuts while trimming salaried jobs

PACCAR awards heavy-duty truck electrification business to Meritor

Click for more FreightWaves articles by Alan Adler.

Alan Adler

Alan Adler is a Detroit-based award-winning journalist who worked for The Associated Press, the Detroit Free Press and most recently as Detroit Bureau Chief for Trucks.com. He also spent two decades in domestic and international media relations and executive communications with General Motors.

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