Date: 2013-08-01

Cardone Named First Chairman of Motor & Equipment Remanufacturers Association

(November 15, 2010)

Michael Cardone Jr., chief executive officer of Cardone Industries, has been selected as the first chairman of the newly formed Motor & Equipment Remanufacturers Association, an affiliate association of the Motor & Equipment Remanufacturers Association.

Michael has been a driving force in the establishment of this new association and we are pleased that he has accepted this new role with the organization," said Bob McKenna, president and CEO of MEMA. "Michael's insights and leadership will be invaluable to MERA during its early growth and development," he added.

Other members of the MERA board of directors, appointed at the recent MEMA board meeting, are:

-David Coolidge, executive vice president, Americas, global automotive aftermarket division, Bosch Group
-Selwyn Joffe, president, chairman and CEO, Motorcar Parts of America
-Steve Mance, vice president and general manager, Bendix CVS
-Bob McKenna, president and CEO, MEMA
-David Overbeeke, president, global brake and chassis, Affinia Group Inc.
-Mark Shasteen, vice president global service and engineering, Delphi Corp.
-Jack Vollbrecht, senior vice president, business development, Remy Power Products
-Doug Wolma, general manager, remanufacturing, ArvinMertior

Additional board members will be appointed soon, representing leading remanufacturing companies. The selection of a staff executive to direct day-to-day operations also will be announced in the near future.

The association will concentrate on five areas of strategic focus:representation of remanufacturers; legislative and regulatory advocacy; vital market research and analysis; technology and data leadership; and member engagement through collaboration, networking and education. Future association activities include the launch of its Web site and publication of a remanufacturing environmental and economic market research and analysis report.

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