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Martinrea International Inc. Announces David Schoch as New Director

August 8, 2018

TORONTO, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX:MRE) (“Martinrea” or the “Company”) announced David Schoch has joined its board of directors. Mr. Schoch was appointed at the Company’s board meeting earlier today.

Mr. Schoch is a recognized leader in the automotive industry with an outstanding record of transformation and growth. Over his 40-year career, Mr. Schoch served in global business and finance leadership positions at Ford Motor Company in Asia Pacific, Europe, Africa, Central/South America and North America. Recently, he served as Group Vice President and President, Asia Pacific, and Chairman and Chief Executive Officer, Ford China. He retired in late 2017. He has extensive board experience serving with many Ford subsidiaries and joint ventures, and currently sits as a trustee of the Ford Motor Company Fund, Lycoming College and the Dean’s Council of the Fox School of Business at Temple University.

Operationally, Mr. Schoch built and expanded assembly plants and grew businesses all over the world; oversaw joint venture operations in many countries; managed restructurings; and, led businesses with revenues of up to $30 billion and responsible for over 20,000 employees. Mr. Schoch was the Chief Financial Officer of Ford in the Americas from 2009-2011. He served as Executive Director for Ford’s operations in Canada, Mexico and South America, and was Chief Financial Officer and VP Finance and Strategic Planning for Ford Europe. Mr. Schoch has tremendous experience implementing the One Ford Plan which has been so successful.

“David has vast automotive, international, operational and financial experience, and we are confident he will add tremendous value to our board,” said Rob Wildeboer, Martinrea’s Executive Chairman. “His leadership in all the markets in which we operate, as well as his great experience in corporate growth and developing corporate culture are in line with our vision, mission and principles. We welcome David to our board.”

About Martinrea International Inc.

Martinrea currently employs approximately 15,000 skilled and motivated people in 44 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China.

Martinrea’s vision: making lives better by being the best supplier we can be in the products we make and the services we provide. The Company’s mission is to make people’s lives better by delivering: outstanding quality products and services to our customers; meaningful opportunity, job satisfaction and job security to our people through competitiveness and prudent growth; superior long term investment returns to our stakeholders; and positive contributions to our communities as good corporate citizens.

For further information, please contact:

Rob Wildeboer, Executive ChairmanMartinrea International Inc.3210 Langstaff RoadVaughan, Ontario L4K 5B2Tel: 416.749.0314Fax: 289.982.3001

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