LAKE FOREST, IL — Tenneco Automotive has named Paul Novas vice president of finance and administration for the company’s European operations. Novas will also continue in his current role as corporate treasurer.
In his new role, Novas will oversee all finance, tax and shared service operations for Tenneco Automotive’s European businesses, which operate in Eastern and Western Europe and also include the company’s South Africa operations. In 2002, Tenneco Automotive Europe businesses accounted for 35 percent of the corporation’s worldwide revenues.
Novas has served as vice president and corporate treasurer for Tenneco since 1999. He joined Tenneco Inc. in 1996 as assistant treasurer, responsible for corporate finance and North American treasury activities. He played an integral role in executing the financial transactions leading to the separation of Tenneco’s energy and shipbuilding businesses in 1996 and the separation of the packaging and automotive businesses in 1999. Prior to joining Tenneco, Novas was with General Motors for 10 years, working in the company’s New York treasury office.
Novas is on the company’s senior management team and will report to Hari Nair, executive vice president and managing director, Europe and Ken Trammell, senior vice president and CFO. He will relocate to the company’s European headquarters in Brussels, Belgium.
For more information about Tenneco Automotive, visit: www.tenneco-automotive.com.
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