Federal-Mogul

BorgWarner Announces CFO Succession Plan

Retrieved on: 
Tuesday, December 5, 2023

Craig Aaron, BorgWarner's current Vice President and Controller, will succeed Mr. Nowlan as Executive Vice President and CFO, effective March 1, 2024.

Key Points: 
  • Craig Aaron, BorgWarner's current Vice President and Controller, will succeed Mr. Nowlan as Executive Vice President and CFO, effective March 1, 2024.
  • These actions have fundamentally transformed BorgWarner and have driven significant shareholder value.
  • I wish BorgWarner the best as the Company continues to 'charge forward' while I move on to the next chapter in my life."
  • Mr. Aaron joined BorgWarner in 2007 and has held a number of positions in accounting and finance, including Controller, Treasurer, and Vice President of Finance for BorgWarner Morse Systems.

B&R Auto Announces New Executive and Board Appointments

Retrieved on: 
Wednesday, November 8, 2023

CORVALLIS, Ore., Nov. 8, 2023 /PRNewswire/ -- B&R Auto ("B&R"), a leading value-added provider of recycled automotive parts and a portfolio company of Highview Capital, LLC ("Highview"), today announced the hire of Jason Reinwald as Chief Financial Officer as well as the appointments of Ramzi Hermiz and John Kett to the Board of Directors ("Board").

Key Points: 
  • Reinwald held senior roles in Finance, Operations and Training & Development, and most recently served as a Vice President for Market Supply, where he managed a 60+ person team.
  • He previously held finance roles with CorSolutions Medical, RCT Systems and National Material L.P. Jason is a Certified Public Accountant.
  • John Kett brings over 25 years of experience in the auto recycling industry.
  • "We are thrilled to have them on board and look forward to working together to drive B&R's next chapter of growth."

Garage Gurus® Announces 2023-2024 Automotive Technician Scholarship Winners

Retrieved on: 
Thursday, September 14, 2023

SOUTHFIELD, Mich., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Garage Gurus®, an industry-leading training and support platform from Tenneco Inc.’s DRiV business group, today announced the winners of their 2023-2024 Automotive Technical Scholarship Program.

Key Points: 
  • SOUTHFIELD, Mich., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Garage Gurus®, an industry-leading training and support platform from Tenneco Inc.’s DRiV business group, today announced the winners of their 2023-2024 Automotive Technical Scholarship Program.
  • All winners have been accepted or are currently enrolled in accredited, U.S.-based automotive technical schools, colleges and universities, or are full-time U.S. high school students.
  • Now in its eighth year, the Garage Gurus scholarship program has committed more than $270,000 in tuition support to future automotive service professionals.
  • “As always, the Garage Gurus team is very excited about our scholarship program, and hearing the stories of the students who applied,” said Dennis Sheran, executive director, Garage Gurus.

U.S. Auto Tech National Championship Returns for its Third Year, Sponsored by Garage Gurus and UNOH

Retrieved on: 
Tuesday, May 23, 2023

Finalists will vie for more than $100,000 in cash and prizes at the Elite Trade Championship Series Finals in Tampa, FL.

Key Points: 
  • Finalists will vie for more than $100,000 in cash and prizes at the Elite Trade Championship Series Finals in Tampa, FL.
  • The first is the virtual Driven to Win quiz, where participants can test their total vehicle knowledge.
  • "Serving as an Official Technical Advisor for the US Auto Tech National Championship has been a very rewarding project," said Charles 'Trey' Becker, Director of Business Development at UNOH.
  • Each will compete live for their share of $100,000 in cash, along with the prestigious title of U.S. Auto Tech National Champion.

Garage Gurus® Announces 2023 Automotive Technician Scholarship Program

Retrieved on: 
Wednesday, March 15, 2023

SOUTHFIELD, Mich., March 15, 2023 /PRNewswire/ -- Garage Gurus®, the industry-leading training and support platform from Tenneco's DRiV group, has announced that its Automotive Technician Scholarship Program will return for 2023. Now in its ninth year, the Gurus will again award up to $30,000 in scholarships to future automotive technicians who are accepted or currently enrolled in accredited, U.S.-based automotive technical schools, colleges, and universities, or enrolled full-time at a U.S. high school. Applications are now available on the Garage Gurus website for the opportunity to receive one of 12 $2,500 Garage Gurus Automotive Technician Scholarships for the 2023-2024 school year. All materials must be submitted by May 31, 2023; winners will be announced on or about July 1, 2023.

Key Points: 
  • For the Ninth Consecutive Year, Students Can Earn 12 Scholarships for the 2023-2024 School Year
    SOUTHFIELD, Mich., March 15, 2023 /PRNewswire/ -- Garage Gurus®, the industry-leading training and support platform from Tenneco's DRiV group, has announced that its Automotive Technician Scholarship Program will return for 2023.
  • Applications are now available on the Garage Gurus website for the opportunity to receive one of 12 $2,500 Garage Gurus Automotive Technician Scholarships for the 2023-2024 school year.
  • All materials must be submitted by May 31, 2023; winners will be announced on or about July 1, 2023.
  • To learn more about the Automotive Technician Scholarship Program, to apply, and to read the full set of rules and eligibility requirements, visit www.garagegurus.tech .

Electric Power Steering Market is expected to generate a revenue of USD 38.10 Billion by 2026, Globally, at 7.22% CAGR: Verified Market Research®

Retrieved on: 
Monday, September 19, 2022

JERSEY CITY, N.J., Sept. 19, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Electric Power Steering Market" By Type(R-EPS, P-EPS, C-EPS), By Component(Sensor, Steering Column, Steering Motor and Other), By Electronic Motor Type(Brushless DC Motors and Brushed DC Motors), By Mechanism(Rigid EPS and Collapsible EPS), By Vehicle Type(Commercial Vehicles and Passenger Cars), and By Geography.

Key Points: 
  • According to the extensive research done by Verified Market Research experts, the Electric Power Steering Market size was valued at USD 22.05 Billion in 2018 and is projected to reach USD 38.10 Billion by 2026, growing at a CAGR of 7.22% from 2019 to 2026.
  • While hydraulic power steering utilizes a pump that is built into an oil tank, electric power steering (EPS) uses an electric motor to turn the steering wheel.
  • With the aid of a control unit, electric motor, and sensors like a torque sensor, electric power steering is operated.
  • Verified Market Research has segmented the Global Electric Power Steering Market On the basis of Type, Component, Electric Motor Type, Mechanism, Vehicle Type, and Geography.

Electric Power Steering Market is expected to generate a revenue of USD 38.10 Billion by 2026, Globally, at 7.22% CAGR: Verified Market Research®

Retrieved on: 
Monday, September 19, 2022

JERSEY CITY, N.J., Sept. 19, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Electric Power Steering Market" By Type(R-EPS, P-EPS, C-EPS), By Component(Sensor, Steering Column, Steering Motor and Other), By Electronic Motor Type(Brushless DC Motors and Brushed DC Motors), By Mechanism(Rigid EPS and Collapsible EPS), By Vehicle Type(Commercial Vehicles and Passenger Cars), and By Geography.

Key Points: 
  • According to the extensive research done by Verified Market Research experts, the Electric Power Steering Market size was valued at USD 22.05 Billion in 2018 and is projected to reach USD 38.10 Billion by 2026, growing at a CAGR of 7.22% from 2019 to 2026.
  • While hydraulic power steering utilizes a pump that is built into an oil tank, electric power steering (EPS) uses an electric motor to turn the steering wheel.
  • With the aid of a control unit, electric motor, and sensors like a torque sensor, electric power steering is operated.
  • Verified Market Research has segmented the Global Electric Power Steering Market On the basis of Type, Component, Electric Motor Type, Mechanism, Vehicle Type, and Geography.

Garage Gurus® Announces 2022-2023 Automotive Technician Scholarship Winners

Retrieved on: 
Tuesday, August 16, 2022

SOUTHFIELD, Mich., Aug. 16, 2022 /PRNewswire/ -- Garage Gurus®, an industry-leading training and support platform from Tenneco Inc.'s (NYSE: TEN) DRiV group, today announced the winners of their 2022-2023 Automotive Technical Scholarship Program. Each of the 12 recipients will receive $2,500 toward their automotive education; all winners have been accepted or are currently enrolled in accredited, U.S.-based automotive technical schools, colleges and universities, or are full-time U.S. high school students. Now in its eighth year, the Garage Gurus scholarship program has committed over $230,000 in tuition support to future automotive service professionals.

Key Points: 
  • SOUTHFIELD, Mich., Aug. 16, 2022 /PRNewswire/ -- Garage Gurus, an industry-leading training and support platform from Tenneco Inc.'s (NYSE: TEN) DRiV group, today announced the winners of their 2022-2023 Automotive Technical Scholarship Program.
  • Now in its eighth year, the Garage Gurus scholarship program has committed over $230,000 in tuition support to future automotive service professionals.
  • "The Garage Gurus team is so excited and pleased to be able to assist students who are serious about establishing themselves in the automotive repair industry," said Dennis Sheran, director, Garage Gurus.
  • Winners' application packages were reviewed and chosen by Garage Gurus' team of ASE Master-certified technicians and other team members.

RealTruck hires Tom Luttrell as first chief information officer

Retrieved on: 
Tuesday, August 16, 2022

ANN ARBOR, Mich., Aug. 16, 2022 /PRNewswire/ -- RealTruck, the premier manufacturer and online retailer of aftermarket truck parts and accessories, has hired Tom Luttrell as its new chief information officer. Luttrell will be responsible for advancing the company's information technology infrastructure to improve business capabilities at RealTruck, formerly Truck Hero, Inc. 

Key Points: 
  • ANN ARBOR, Mich., Aug. 16, 2022 /PRNewswire/ --RealTruck, the premier manufacturer and online retailer of aftermarket truck parts and accessories, has hired Tom Luttrell as its new chief information officer.
  • Luttrell will be responsible for advancing the company's information technology infrastructure to improve business capabilities at RealTruck , formerly Truck Hero, Inc.
    "We're pleased to welcome Tom to our RealTruck leadership team," said Bill Reminder, chief executive officer.
  • "Tom has a proven track record of helping build businesses and teams, as well as running successful IT projects and systems.
  • Before Shiloh, Luttrell was the chief information officer and vice president of customer care at the Masco Cabinetry business unit of Masco Corporation, and prior to that, he was with Federal-Mogul Corporation for 17 years in various leadership roles.

AIAG Welcomes New Chief Executive Officer P. Matthew Pohlman

Retrieved on: 
Monday, August 1, 2022

SOUTHFIELD, Mich., Aug. 01, 2022 (GLOBE NEWSWIRE) -- The Automotive Industry Action Group (AIAG) today announced the appointment of its new Chief Executive Officer, P. Matthew Pohlman.

Key Points: 
  • SOUTHFIELD, Mich., Aug. 01, 2022 (GLOBE NEWSWIRE) -- The Automotive Industry Action Group (AIAG) today announced the appointment of its new Chief Executive Officer, P. Matthew Pohlman.
  • Pohlman joins the team in response to AIAG CEO Emeritus J. Scot Sharlands retirement after more than seventeen years at the organizations helm.
  • Great organizations dont look back...they evolve and move forward faster, and Matt Pohlman is the right guy to take AIAG to the next level.
  • Beginning at Federal-Mogul, Pohlman initially directed North American Field Operations out of Detroit, before relocating overseas as General Director of European Logistics.