Meritor Names New President and COO

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TROY— Meritor Inc. has named Jay Craig as president and chief operating officer.

Previously, Craig was senior vice president and president of Meritor’s commercial truck and industrial segment. He served as senior vice president and chief financial officer at Meritor from 2009 to 2013 and has held various positions at the company since 2006.

Before joining Meritor, Craig was president and CEO of General Motors Acceptance Corp.’s  Commercial Finance organization from 2001 to 2006, and president and CEO of GMAC’s Business Credit division until 2001. He joined GMAC in 1997 from Deloitte & Touche where he served as an audit partner.

Craig, a New York native currently residing in Grosse Ile, holds a bachelor’s degree in accounting from Michigan State University and a master of business administration from Duke University.

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