GM’s Hogan Defects to Magna
Mark Hogan, the head of advanced vehicle development at General Motors Corp., is leaving at the end of the month to become president of Canadian auto parts giant Magna International Inc., according to people familiar with the matter.
Cummins Mourns the Loss of Former Chairman and CEO J. Irwin Miller
Cummins Inc. has issued a statement mourning the death of Joseph Irwin Miller, who died this week at the age of 95. Miller was born in Columbus, Ind. in 1909. J. Irwin Miller built Cummins from a family business into a Fortune 500 company with more than 25,000 employees in 131 countries and more than $6 billion in annual sales. He is credited for transforming his hometown of Columbus, Ind., into a city of architectural wonders, earning it the nickname the Athens of the Prairie. The company said he will be eulogized as a great business leader, social activist and philanthropist whose influence will continue well into the 21st century.
Bendix-Dana Joint Venture Completes Management Team Selection
Completing its leadership team selection, Bendix Spicer Foundation Brake LLC, a new joint venture between Bendix Commercial Vehicle Systems LLC and Dana Corp., announced the appointment of Bill Mossing as assistant general manager. Mossing will join Kishor Pendse, president of the new business.
Hoon Chung Named President and CEO of DST
Former Activant Automotive Group executive Hoon Chung has been named president and CEO of DST Inc. Company founder Ray Stover was named chairman and vice president of business development. Stover said the entire DST family is energized by the appointment of Chung as president and CEO. “Hoon exemplifies the growing trend in the aftermarket to recruit the best of the best in supply chain management expertise to chart the course for an industry in vital need of next generation solutions,” said Stover.
Torvec Appoints New Management Team
Torvec Inc., a Western New York-based automotive technology firm, has appointed new executives to the positions of CEO, CFO and chairman of the board. Richard Ottalagana, co-founder of PaeTec Communications, a national communications company where he served as executive vice president, has been named CEO of Torvec. Ottalagana replaces former Eastman Kodak Co. executive Eric Steenburgh who has served as CEO and chairman since 2002.
Goodyear Names Kramer CFO, Tieken to Retire
Richard Kramer, senior vice president, strategic planning and restructuring for Goodyear Tire & Rubber, has been named executive vice president and CFO, effective June 1. Kramer replaces Robert Tieken, who has been Goodyear’s CFO since May 1994. Tieken will retire on May 31.
Yokohama Announces Changes in Corporate Governance, Fiscal Results
On May 13 at its board of directors meeting, The Yokohama Rubber Co. announced changes in directorships and the introduction of the position of “corporate officer.” The changes will become effective upon approval at a shareholders meeting scheduled for June 29. Hisao Suzuki, vice president, representative director, will retire from the board of directors, and Yasuo Tominaga will assume the responsibilities of chairman and representative director. Tadanobu Nagumo will become president and representative director.
Dana Elects Two New Board Directors
Dana Corp. has elected former Goodyear chairman Samir Gibara and David Berges, chairman, CEO and president of Hexcel Corp. to its board of directors. Dana Chairman Glen Hiner made the announcement.
Automotive Supplier ThyssenKrupp Budd Names New President and CEO
ThyssenKrupp Budd Co., a leading components supplier to the automotive industry, has announced the appointment of Dietrich Zaps as president and CEO. Headquartered in Troy, Mich., ThyssenKrupp Budd produces sheet metal stampings and assemblies, chassis modules and frame components, composite autobody panels and pickup boxes, gray and ductile iron castings and bumpers. The company has more than $2.5 billion in sales and is part of the ThyssenKrupp Automotive Group whose annual revenues exceed $6 billion.
NACE 2004 Space Draw Results Exceed 2003
The recently completed Space Draw for the International Autobody Congress and Exposition (NACE) 2004 event in Las Vegas showed an increase over 2003 in the number of participating companies and the amount of space assigned, indicating a strong start to NACE being held during Automotive Aftermarket Industry Week (AAIW) in November.