Bosch Announces Executive Changes in its North American Automotive Aftermarket Division
Robert Bosch Corp. has announced a number of changes in its North American Automotive Aftermarket Division. David Caracci, vice president of sales – national accounts, will retire on May 15. The company said Caracci may continue to support the firm occasionally on various aftermarket initiatives, but plans to spend much of his time at his favorite hobby — yacht racing. An aftermarket veteran of thirty-two years, and currently chairman of the Automotive Aftermarket Industry Association Board of Directors, Caracci said he is also looking forward to investing more of his time into industry volunteer projects.
Federal-Mogul Appoints Second Former Fiat Exec to Management Team
Jean Brunol has been appointed senior vice president, business and operations strategy and a member of the strategy board for Federal-Mogul Corp. His appointments are effective May 2. In this new role, Brunol will be responsible for corporate development of business and global growth strategies. Most recently Brunol was senior vice president, product and business strategy, international operations at Iveco – the commercial vehicle company of the Fiat Group. He is the second executive from Fiat Group to join Federal-Mogul in recent weeks. Last week, the company announced the appointment of Mario Leone, Fiat Group’s former chief information officer, to the position of senior vice president and chief information officer for Federal-Mogul.
Delphi Appoints President, COO and New Vice Chairman; Donald Runkle to Retire
In what is described as an effort to streamline operations and sharpen its focus on stronger growth, Delphi’s board of directors announced several executive appointments Friday. Rodney O’Neal has been named president and COO, with responsibility for Delphi’s three operating segments, its three regional operations, Global Supply Management and Sales and Marketing. This appointment marks the first time a single officer other than founding chairman, CEO and President J. T. Battenberg III will be responsible for all of Delphi’s global business units. O’Neal will continue to report to Battenberg, who remains chairman and CEO and also chair of the Delphi Strategy Board, the company’s top policy-making group.
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.
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.
UTI Appoints Two New Directors
Universal Technical Institute (UTI) has appointed two new directors. Conrad Conrad and Kevin Knight will serve as members of UTI’s audit committee, with Conrad serving as chairman of the audit committee. These appointments bring the membership of UTI’s board of directors to seven.