TROY, MI — Carl Soderstrom, senior vice president and CFO of ArvinMeritor, has announced he will take early retirement at the end of the year. The company stated in a press release issued early this morning that Soderstrom’s retirement was a mutual agreement.
The company has retained Heidrick & Struggles to initiate the search for a new CFO.
Soderstrom has agreed to work in his current capacity with Chairman, CEO and President Charles “Chip” McClure until a replacement is found. Soderstrom will also assist in the transition to his successor.
Soderstrom joined the company in 1986 as director of material sourcing for Allen-Bradley. He has held a number of management positions with Rockwell’s Allen-Bradley Automation business. After the Meritor spin-off from Rockwell in 1997, Soderstrom served as vice president of engineering and quality for Meritor’s commercial vehicle business. Before being named CFO in July 2001, he was ArvinMeritor’s senior vice president of engineering, quality and procurement.
For more information about ArvinMeritor, go to: www.arvinmeritor.com.
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