Meritor announces Cheri Lantz has joined the company as vice president and chief strategy officer, effective immediately.

“Cheri’s extensive background as a results-focused executive in the commercial vehicle and industrial sectors will greatly benefit Meritor as the company continues its transformation focused on profitable growth,” says Jay Craig, CEO and president at Meritor. “We welcome her to Meritor and look forward to her leadership in this critical area.”

Meritor says Lantz will have a key role in driving the company’s long-term revenue growth. She will work closely with the company’s business leaders to identify and assess long-term growth strategies for business units and the overall corporation. Lantz is also responsible for ongoing strategic analyses of Meritor’s business landscape, opportunities and product portfolio, as well as the long-term economic outlooks and trends associated with Meritor’s global markets, the company says.

She was most recently a principal at Boston Consulting Group in Detroit, focusing on general management, strategy, business development and operations in the North America commercial vehicle market. Before that, she was a principal at Strategy&, a subsidiary of PricewaterhouseCoopers (PwC), in its Engineered Products and Services Practice. In this position, she led growth strategies for several long-range planning efforts with auto and industrial executives.

Prior to that, Meritor says Lantz was a thermal management quality specialist and aerothermal development engineer for DaimlerChrysler in Auburn Hills, Mich.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover