Manoogian to resign from Metaldyne board

Manoogian to resign from Metaldyne board

Crain’s Detroit Business
April 26, 2005

By Terry Kosdrosky

Richard Manoogian will resign from the board of directors of
Plymouth-based auto supplier Metaldyne Corp., effective May 4.

Manoogian, 68, is also chairman and CEO of Taylor-based Masco
Corp. Manoogian was chairman of MascoTech Inc. when it was acquired by
Heartland Industrial Partners L.P. and became part of Metaldyne.

Manoogian decided to leave Metaldyne’s board mostly because of time
constraints and also because new corporate governance guidelines that
call for membership on no more than two boards, said Samuel Cypert,
vice president of investor relations for Masco.

Manoogian is already on the board of Ford Motor Co. and JP Morgan
Chase & Co.