Federal-Mogul Motorparts Acquires Beck/Arnley
Federal-Mogul says this acquisition enables the expansion of foreign nameplate coverage for aftermarket customers.
Federal-Mogul Reports First Quarter 2016 Results
Net sales for the first quarter were $1,897 million, compared to $1,835 million in the first quarter of 2015, a $62 million or 3 percent increase.
Brent Windom Named President And CEO Of Auto Plus And Pep Boys; Announces Appointment Of Executive Team
Windom, a more than 30-year veteran of the automotive aftermarket who previously served as president and CEO of Auto Plus, will lead the integration of Auto Plus and Pep Boys. He also announced his combined leadership team for the two companies.
Bridgestone Eyes Store Expansion In US
The tiremaker is planning on adding 6,000 stores to the market by 2020, CEO Masaaki Tsuya told Japanese financial publication Nikkei.
Bridgestone, Pep Boys Agree On Amended Terms To Merger Agreement
Bridgestone matches Icahn bid of $15.50 per share.
AMN Executive Interview With Brent Windom, President And CEO, Auto Plus
Following the June acquisition of substantially all of the assets of Uni-Select USA Inc. and Beck/Arnley Worldparts by Icahn Enterprises, Brent Windom – a longtime Uni-Select USA employee – was tapped to serve as president and CEO of the business, now called Auto Plus. Windom and Auto Plus are now embarking on an aggressive growth strategy based on its strong history of technology investments and major market acquisitions. Windom recently sat down with AMN to provide readers with an update on the business and where it’s headed.
Uni-Select Reports Second Quarter 2015 Financial Results
Net earnings declined to $12.4 million, from $15.5 million last year, mainly as a result of impairment and transaction charges related to the sale of net assets.
Uni-Select Reorganizes Corporate Management Structure
Vice President, Corporate Services and Chief Financial Officer, Denis Mathieu, to step down on July 31.
Navistar Shareholders Elect Michael Sirignano To Board Of Directors
Sirignano has served as principal at MHR Fund Management LLC since 2012, where he is responsible for sourcing and managing portfolio company investments. The election of Sirignano increases the number of Navistar board members to 10.
Federal-Mogul Board Of Directors Appoints Daniel Ninivaggi Co-CEO, CEO Of Vehicle Components Group
He is replacing Kevin Freeland, who is leaving the company for personal reasons.