James Donlon, former senior vp & CFO of Kmart Corp., will join ArvinMeritor’s executive ranks under the same title, effective April 1.
“With more than 35 years in key financial positions around the world for both DaimlerChrysler and Ford Motor Company, Jim’s wealth of experience and enterprise in automotive operations, as well as his proven track record of leading successful finance operations, will be a significant asset in achieving our goal to rationalize, refocus and regenerate our company,” said ArvinMeritor chairman, president & CEO Charles G. “Chip” McClure.