Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
In response to worsening economic conditions, ArvinMeritor, Inc.
("ArvinMeritor") is announcing that it is decreasing the base salaries of its
senior executives by 10% as part of a more general cost cutting initiative. The
salary decreases apply to, among other executives: Charles G. McClure, Chairman
of the Board, Chief Executive Officer and President; Vernon G. Baker, II, Senior
Vice President and General Counsel; Jeffrey A. Craig, Senior Vice President,
Chief Financial Officer and Acting Controller; Carsten J. Reinhardt, Senior Vice
President and President, Commercial Vehicle Systems; Philip R. Martens, Senior
Vice President and President, Light Vehicle Systems; and James D. Donlon, III,
Executive Vice President.
The salary decreases, which will be effective beginning January 16, 2009, are
intended by ArvinMeritor to be temporary, although there can be no assurances as
to when the original salary rates will be reinstated.
