Meritor, Inc. announced that Jay Craig is appointed senior vice president and president of Meritor's Commercial Truck & Industrial segment. Craig has been the company's senior vice president and chief financial officer with additional responsibility for Treasury, Tax, Purchasing, Information Systems, Investor Relations and Communications. Replacing Craig in his role of chief financial officer is Kevin Nowlan, Meritor's vice president and controller since 2010.

Tim Bowes, who formerly held the position of vice president and president of the company's Commercial Truck & Industrial segment, has elected to leave the company.