WARREN, Mich., Jan. 28 /PRNewswire/ -- MSX International, Inc. (MSXI), a leading provider of outsourced business solutions and services to the global automotive marketplace, today announced that it has appointed Eric Menoret as vice president of Integrated Business Solutions (IBS) Pan European Sales, effective immediately. Menoret reports directly to Peter M. Leger, president and chief executive officer. He replaces Hartmut Kieven, who is no longer associated with the company in any capacity.
"Eric is a highly ethical individual with outstanding industry knowledge, a deep commitment to customer satisfaction, and proven leadership skills," said Leger. "As a company, we are focused on providing our clients with solutions that enhance operational effectiveness and efficiencies, improve quality, reduce costs and generate revenue opportunities. With Eric's assistance, I am confident that the MSXI team will achieve these objectives, and provide our European clients with even greater value-add services and solutions."
In his new role, Menoret is responsible for all new sales and related sales support activities in Europe. Since joining the company in 1993, he has held positions of increasing responsibility, most recently serving as the company's Managing Director of MSXI France.
About MSX International (MSXI)
MSXI is a leading global provider of outsourced integrated business solutions, focused primarily on warranty management, dealer process improvement, and human capital solutions to automotive and truck OEMs, dealer, suppliers and other aftermarket service providers. The company leverages more than 70 years of industry experience to provide blue-chip companies worldwide with solutions that enable them to enhance operational effectiveness and efficiencies, improve quality, reduce costs and generate revenue opportunities. The company is headquartered in Warren, Mich., and has annual revenues of approximately $400 million. MSXI has over 4,000 automotive experts in 18 countries, including its European headquarters in Cologne, Germany.
Safe Harbor
Certain of the statements made in this Press Release, which include but are not limited to those concerning the offering of notes, contain forward- looking statements that are based on management's current expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain significant risks and uncertainties, which are difficult to predict.
Therefore, actual future results and trends may differ materially from what is forecast in the forward-looking statements due to a variety of factors, many of which are beyond the control of management, including without limitation, our substantial indebtedness and future liquidity; our reliance on the automotive industry and major customers in such industry, including without limitation the timing of such customers' product development and other initiatives, and the value of our associated accounts receivable from them; the market demand for our business services in general; our ability to recruit and place qualified personnel; delays or unexpected costs associated with cost reduction efforts; risks associated with operating internationally, including economic, political and currency risks; risks associated with material weaknesses we have identified in our internal controls over financial reporting and the potential adverse affect of those weaknesses on our business if such weaknesses are not adequately addressed; and that the offering is subject to customary closing conditions. Additional information concerning these and other factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission. MSX International, Inc. disclaims any intent or obligation to update such statements.