(Thomson Reuters ONE via COMTEX) --SOUTHFIELD, Michigan, June 5, 2014...Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation (NASDAQ:FDML), today announced a series of executive appointments that support the company's ongoing strategy to drive global growth of its premium products and leading brands, and its commitment to providing world-class customer satisfaction.
- Kenneth Burns, Senior Vice President, Global Supply Chain and Quality
- Gary Desai, Vice President and Chief Information Officer
- Joe Stephan, Vice President, Business Development
- Michael Shin, Vice President, Global Sourcing
"The new members of our senior management team have the expertise needed to help Federal-Mogul Motorparts develop and execute our business strategy," said Daniel Ninivaggi, CEO, Federal-Mogul Motorparts and Co-CEO, Federal-Mogul Holdings Corporation. "They will be instrumental in building out our distribution network and in improving our inventory and order management systems, as well as supporting new product and brand launches. They each have a strong track record in driving performance, and I look forward to their contributions."
Prior to joining Federal-Mogul, Burns, 56, was most recently with Rank Group in the role of Vice President, Business Integration, Engineering and R&D for FRAM. Previously, he held leadership positions with Honeywell International, Delphi Automotive and General Motors. Burns earned a master's degree in business administration from Williams College of Business at Xavier University in Cincinnati, Ohio. He also holds a bachelor's degree in electrical engineering from Tri-State University in Angola, Indiana.
Desai, 54, was most recently Vice President, Information Technology Business Transformation at Honeywell Corporation and before that, was at General Motors. Desai earned a master's degree in business administration with a concentration in management information systems from Northeastern University in Boston, Mass. He also holds a bachelor's degree in technology and mechanical engineering from Indian Institute of Technology in Mumbai, India.
Stephan, 51, has been with Federal-Mogul since 1999. Prior to this appointment, he held leadership positions in a variety of key sales and marketing roles. Previously, he held senior sales and marketing positions with Tenneco for the Monroe and Walker Brands. Stephan earned his bachelor of science degree in business finance from State University of New York at New Paltz.
Shin, 47, was with American Capital Ltd. in the role of Vice President and Operating Principal before joining Federal-Mogul Motorparts. Prior to that, he held leadership positions with Stanley Works Company and General Electric. Shin earned a bachelor's degree in mechanical engineering from Missouri University of Science and Technology in Rolla, Mo.
Federal-Mogul Holdings Corporation (NASDAQ: FDML) is a leading global supplier of products and services to the world's manufacturers and servicers of vehicles and equipment in the automotive, light, medium and heavy-duty commercial, marine, rail, aerospace, power generation and industrial markets. The company's products and services enable improved fuel economy, reduced emissions and enhanced vehicle safety. Federal-Mogul operates two independent business divisions.
Federal-Mogul Motorparts sells and distributes a broad portfolio of products through more than 20 of the world's most recognized brands in the global vehicle aftermarket, while also serving original equipment vehicle manufacturers with products including braking, chassis, wipers and other vehicle components. The company's aftermarket brands include ANCO® wiper blades; Champion® spark plugs, wipers and filters; AE®, Fel-Pro®, FP Diesel® Goetze®, Glyco®, Nüral®, Payen® and Sealed Power® engine products; MOOG® steering and suspension parts; and Ferodo® and Wagner® brake products.
Federal-Mogul Powertrain designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications.
Federal-Mogul was founded in Detroit in 1899. The company employs 44,300 people in 33 countries, and its worldwide headquarters is in Southfield, Michigan, United States. For more information, please visit www.federalmogul.com.
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Source: Federal-Mogul Corporation via Globenewswire