NN's Chairman and CEO Says Will Retire by Next Annual Meeting in May 2013

The Board of Directors of NN, Inc. NNBR today announced that Chairman and Chief Executive Officer, Roderick R. Baty has informed the Board that he will retire by the Company's next annual meeting of stockholders to be held in May of 2013. Mr. Baty will also step down from the Board at that time. On behalf of the Board of Directors, Ron Morris, Director and Audit Committee Chairman said, "We would like to extend our gratitude to Rock for his outstanding leadership during his tenure as CEO and Chairman of the Board of NN. Under his guidance and strategic vision, NN has grown from a small domestic company with three manufacturing locations, 400 employees and $75 million in sales to a multinational Company with 10 global manufacturing locations, over 2,000 employees and sales in excess of $424 million. Despite sometimes trying economic times, NN has emerged strong and well positioned to continue to grow and provide exceptional service and products to our global customers."
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