Tenneco Automotive Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
December 7, 2001
TENNECO AUTOMOTIVE NAMES TIMOTHY R. DONOVAN EXECUTIVE VICE PRESIDENT
LAKE FOREST, ILLINOIS, DECEMBER 7, 2001 - Tenneco Automotive (NYSE: TEN) announced today that Timothy R. Donovan has been promoted to executive vice president, effective immediately. Donovan, 46, will continue to serve as general manager for the company's International business unit and general counsel to the corporation.
"Tim Donovan's passion for winning and strategic leadership are important to our team," said Mark P. Frissora, chairman and CEO of Tenneco Automotive. "I look forward to his continued success in growing our business in Asia, South America and with Japanese original equipment manufacturers, as well as in providing counsel and direction on all aspects of our business strategy."
Donovan joined Tenneco Automotive as senior vice president and general counsel in August 1999, responsible for the legal aspects of the company's global business activities including negotiating and implementing joint ventures, acquisitions and divestitures, and other strategic agreements, litigation, customer and supplier relationships, and financial transactions. His responsibilities expanded in June 2001 when he was also named general manager for the company's International business group, which includes South America and Asia operations, as well as the company's Japanese original equipment business worldwide.
Prior to joining Tenneco Automotive, he was a partner and chairman of the corporate and securities group at the law firm of Jenner & Block, where he also served as a member of the firm's executive and finance committees. Beginning in 1996, he was the principal outside corporate counsel to Tenneco, representing and advising the company with respect to corporate and securities matters, including transactions such as spin-offs, asset and stock acquisitions/divestitures, public equity and debt offerings and other financing transactions.
Tenneco Automotive is a $3.5 billion manufacturing company headquartered in Lake Forest, Ill., with 23,000 employees worldwide. Tenneco Automotive is one of the world's largest producers and marketers of ride control and exhaust systems and products, which are sold under the Monroe® and Walker® global brand names. Among its products are Sensa-Trac® and Reflex™ shocks and struts, Rancho® shock absorbers, Walker® Quiet-Flow™ mufflers and DynoMax™ performance exhaust products, and Monroe® Clevite™ vibration control components.
Tenneco Automotive, Media relations
Jane Ostrander, 847/482-5607