John Sanderson Named President of BorgWarner’s Transmission Systems Business
Sanderson brings with him more than 20 years of automotive experience.
MEMA/OESA Engage Ducker Worldwide for Advisory Services
To assist in development of proposals for alternative government backed credit facilities, OESA has engaged Ducker Worldwide as an advisor to the team.
MEMA, OESA Working to Identify Credit Solutions for Parts Supplier Industry
MEMA responds to news reports regarding a leaked draft of a document presented to the U.S. Treasury Dept.
Continental Chairman, CFO Resigns
Hippe will become co-finance chief of German steelmaker ThyssenKrupp AG following his resignation from Continental.
Aero Performance Products Announces Investment Banking Agreement for Jones Exhaust Products Acquisition
Aero Performance Products has engaged Austin based M&A advisory firm Commerce Consulting Group to assist the company in the execution of its acquisition strategy.
BB&T and AAIA Partner on Exclusive New Industry Report
New “Automotive Aftermarket Intelligence Update” will be made available weekly.
CORRECTION
On Dec. 19, aftermarketNews published a death notice for Bill Kitching, noting incorrectly that he was with Walker Products. Kitching co-founded GB Remanufacturing with his son Michael. We regret the error.
Eric Sachs to Join Visteon as Vice President, Treasurer and Chief Tax Officer
Sachs succeeds Brian Casey, who is leaving Visteon to pursue other career opportunities.
Tom Marx and Paul Cooperstein Announce Formation of Marx Group Advisors
New business will help aftermarket buyers and sellers with mergers and acquisitions
Modine Announces Retirement of VP and General Counsel Dean Zakos
Modine Manufacturing Co. has announced that Dean Zakos, vice president, general counsel and secretary, will retire effective Oct. 31. Zakos, who has been with the company for 26 years, plans to pursue his passion for aviation, and other personal and professional interests. A successor will be named at a later date.