Federal-Mogul Board Elects Kevin Freeland Co-CEO of Federal-Mogul Corp. And CEO, Global Aftermarket
Freeland (pictured) replaces Mike Broderick, who held the position of co-CEO of Federal-Mogul Corp. and CEO of Federal-Mogul’s Vehicle Components Segment since June 2012. According to Jim Burke, director of corporate communications at Federal-Mogul, Broderick is completing a brief transition with the company, which began yesterday.
Federal-Mogul Announces Plan To Launch $500 Million Common Stock Rights Offering
Federal-Mogul also announced today that it is pursuing a potential refinancing of its outstanding indebtedness. The company expects to complete its refinancing plans shortly after the completion of the rights offering.
Federal-Mogul Announces Plans To Pursue Credit Facility Amendment And Equity Offering
Principal stockholder Icahn Enterprises L.P. makes substantial new investment in the company.
Vincent Intrieri, Mark Rachesky Appointed To Navistar Board Of Directors
Company to add a third director designated and agreed upon by Icahn Partners and MHR Fund Management, pursuant to settlement agreement.
Federal-Mogul Board of Directors Elects Michael Broderick CEO, Global Aftermarket Division
The Board of Directors of Federal-Mogul Corp. today announced the election of Michael Broderick to the position of chief executive officer (CEO), Federal-Mogul Aftermarket Division, effective June 25. Broderick will fill a role that was established in March when the Federal-Mogul Board of Directors announced its decision to modify the company’s corporate structure to create a separate and independent aftermarket division.
Jose Maria Alapont to Retire as President and CEO of Federal-Mogul; Rainer Jueckstock Elected As Successor
Federal-Mogul also announced that its board has decided to modify the company’s corporate structure to create a separate and independent aftermarket division and has engaged a search firm to fill the position of CEO of the aftermarket division.
Federal-Mogul President and CEO Extends Employment Agreement
Jose Maria Alapont to remain with the company through March 2013. Alapont joined Federal-Mogul in 2005 and is credited, in conjunction with Carl Icahn, with guiding the company to exit from difficult bankruptcy proceedings in the United States and United Kingdom. Under his leadership, the company has implemented its strategy of sustainable global profitable growth, restructured its global manufacturing and engineering network to better serve its diverse customer base and continued to invest in differentiating technologies to enhance fuel economy, reduce emissions and improve vehicle safety.
The Week in Review (March 3-7, 2008)
By Amy Antenora The Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Feb. 25-29, 2008)
By Amy Antenora The Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Jan. 14-18, 2008)
By Amy Antenora The Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of