Ricardo Inc., U.S. Subsidiary of Ricardo plc, Names Apostolos President: Van Buren Township-based Ricardo Inc., the U.S. subsidiary of Ricardo plc, the leading independent provider of technology, product innovations and engineering solutions to the world’s automotive, defense, transport and new energy industries, announced today that Thomas Apostolos has been appointed president. Outgoing president Kent Niederhofer will remain with Ricardo Inc., through Oct. 31 to assist in the transition. Apostolos, 50, has spent the last 19 years of his career at Magna International. Prior to becoming president of Magna Exteriors & Interiors Asia Pacific in 2007, he was global president of Magna’s Interiors’ Company, Intier Automotive Interiors. Additionally, he has held general manager positions in a number of Magna Divisions. Before joining Magna, Apostolos held engineering and management positions at General Motors. He currently is on the board of directors for two tier one automotive suppliers. Apostolos received his bachelor’s degree in electrical engineering from the University of Western Ontario. In addition, he has completed leadership programs at Harvard, the Sloan School of Business at MIT and York University. For more information, visit www.ricardo.com.