TORONTO, ONTARIO--(Marketwire -06/29/12)- Martinrea International Inc. (MRE.TO) announced today that Nat Rea stepped down as Vice Chairman and Director, effective June 29, 2012 to pursue other opportunities. Nick Orlando has assumed Mr. Rea's responsibilities as a director.
"Nat has been a part of our success over the past 10 years. We wish him the very best in everything he undertakes," Martinrea Chairman Rob Wildeboer said. "During Nat's time, Martinrea's revenues grew from $200 million to over $2 billion and we expanded from being a Canadian-based supplier to an international auto parts company."
"Martinrea is a tremendous company with a very bright future," Mr. Rea said. "I am very proud of the many great accomplishments achieved by the team during my time at Martinrea."
The common shares of Martinrea trade on The Toronto Stock Exchange under the symbol "MRE".