-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MXxyOis//4w0aD0BQ7FSLZ/Nw/CkpMfcTNJImFUqdIjKj4nW1vW5Tcg0H9aPNBZX fbVU/jKb4YV2nslRQbP8xw== 0000908255-03-000013.txt : 20030205 0000908255-03-000013.hdr.sgml : 20030205 20030205171839 ACCESSION NUMBER: 0000908255-03-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030205 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BORGWARNER INC CENTRAL INDEX KEY: 0000908255 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 133404508 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12162 FILM NUMBER: 03541255 BUSINESS ADDRESS: STREET 1: 200 S MICHIGAN AVE CITY: CHICAGO STATE: IL ZIP: 60604 BUSINESS PHONE: 3123228500 MAIL ADDRESS: STREET 1: 200 SOUTH MICHIGAN AVE CITY: CHICAGO STATE: IL ZIP: 60604 FORMER COMPANY: FORMER CONFORMED NAME: BORG WARNER AUTOMOTIVE INC DATE OF NAME CHANGE: 19930628 8-K 1 txt8k.txt FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 5, 2003 BORGWARNER INC. (Exact name of registrant as specified in its charter) Delaware 1-12162 13-3404508 (State of Incorporation)(Commission File No.)(I.R.S.Employer Identification No.) 200 South Michigan Avenue, Chicago, Illinois 60604 (address of principal executive offices) Registrant's telephone number, including area code: 312/322-8500 Item 5. Other Events On February 5, 2003, BorgWarner Inc. announced that its Board of Directors had elected Timothy M. Manganello to the position of Chief Executive Officer, effective immediately. The information contained in the press release is incorporated herein by reference. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 BorgWarner Inc. Press Release dated February 5, 2003. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. BORGWARNER INC. By: ---------------------------- Vincent M. Lichtenberger Assistant Secretary Dated: February 5, 2003 EXHIBIT INDEX (99.1) BorgWarner Inc. Press Release dated February 5, 2003. EX-99 3 txt991.txt Immediate Release Contact: Mary Brevard 312/322-8683 BORGWARNER NAMES TIMOTHY M. MANGANELLO CHIEF EXECUTIVE OFFICER Chicago, Illinois, February 5, 2003 The Board of Directors of BorgWarner Inc. (NYSE: BWA) has elected Timothy M. Manganello, 52, to the position of chief executive officer, effective immediately. Manganello succeeds John F. Fiedler, 64, who will remain the company's chairman until his planned retirement later this year. Manganello continues to serve as president and is a member of the company's board of directors. "The election of Tim Manganello to the position of CEO reflects the effectiveness of BorgWarner's succession-planning process, and ensures a smooth transition to new leadership as we continue to build on the success we've achieved for our customers and shareholders," said John Fiedler. "On behalf of BorgWarner's Board of Directors, I congratulate Tim on his new position. Tim helped create our growth plan. We look forward to continued achievements under his leadership and an ever-stronger position as the world's leading powertrain supplier." Manganello has been with BorgWarner for 14 years. He was named president and chief operating officer of the company in February 2002. Prior to that appointment, he was president and general manager of BorgWarner TorqTransfer Systems and an executive vice president of BorgWarner. He also served as vice president of operations for the Muncie, Indiana facility, and as vice president of business development for BorgWarner TorqTransfer Systems. He joined BorgWarner in 1989 as vice president of marketing and sales for BorgWarner Morse TEC. Manganello holds bachelor's and master's degrees in mechanical engineering from the University of Michigan. He also completed the Advanced Management Program at Harvard Business School and is a graduate of the Chrysler Institute Program. BorgWarner Inc. (NYSE: BWA) is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The company operates manufacturing and technical facilities in 50 locations in 14 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Honda, Hyundai/Kia, Caterpillar, Navistar International, PSA and VW. The Internet address for BorgWarner is: http://www.bwauto.com. For further information contact BorgWarner Corporate Communications at 312-322-8500. # # # Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Such risks and uncertainties include: fluctuations in domestic or foreign automotive production, the continued use of outside suppliers by original equipment manufacturers, fluctuations in demand for vehicles containing the Company's products, general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Cautionary Statements filed as Exhibit 99.1 to the Form 10-K for the fiscal year ended December 31, 2001. -----END PRIVACY-ENHANCED MESSAGE-----