Saleen Retires from Saleen

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Founder and Vice-Chairman of Saleen Motorsports Steve Saleen has officially retired from the company's executive team. Steve Saleen is shown here with Carrol Shelby, and series sweeping SCCA Mustang driver Rick Titus. Mr. Saleen himself will continue on as the Ambassador of the Saleen brand in order to help prevent any possible spins. Press release after the jump.


STEVE SALEEN RETIRES FROM SALEEN INC.

Saleen Continues Legacy as the "Go-To" Brand for OEM Performance Projects

IRVINE, CALIF., MAY 14, 2007 - Steve Saleen, founder and vice chairman of the board at Saleen Inc., today announced his official retirement from the company's executive team. After years of planning, Mr. Saleen will take a greater step back from the company's day-to-day operations to act as corporate spokesperson and ambassador for the brand.

"I have a vested interest in the company's future and intend to remain involved," said Steve Saleen. "I take great pride in knowing I have assembled a team of the most talented and innovative professionals in the industry. Each person at Saleen has helped me achieve my dream and will help to continue my legacy into the next generation of Saleen products and services."

As founder and a major shareholder in the company, Mr. Saleen will continue to influence product design and development activities, as well as its branding strategies and promotional efforts.

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