Federal-Mogul Names Jueckstock Senior Vice President Powertrain Systems
SOUTHFIELD, Mich.--March 28, 2005--President and Chief Executive Officer Jose Maria Alapont announced the appointment of Rainer Jueckstock as senior vice president, Powertrain Systems and a member of the Strategy Board for Federal-Mogul Corporation (OTCBB:FDMLQ). Mr. Jueckstock will have responsibility for the Company's $2.1 billion Global Powertrain business.Mr. Jueckstock has been with the company for more than 15 years. Since 2004 he served as senior vice president, Powertrain Operations, responsible for worldwide Powertrain manufacturing.
"Mr. Jueckstock has been an outstanding asset to Federal-Mogul. His determination and leadership skills, coupled with his manufacturing and business experience, has helped to improve the efficiency of our global operations," Mr. Alapont said. "In his new role Mr. Jueckstock will be instrumental in driving the future of Federal-Mogul powertrain technology and innovation. His focus on quality excellence and commitment to creating value for our customers is fully aligned with our global profitable growth strategy."
Mr. Jueckstock, who joined Federal-Mogul in 1990, has held various positions in the company, including senior vice president, Pistons, Rings and Liners; vice president, Rings and Liners; operations director Pistons Rings - Europe; managing director of the company's Friedberg, Germany operation and responsibility for Valve Train operations in Elstead, United Kingdom; sales director for Rings and Liners in Europe; finance controller in Burscheid, Germany; and finance manager in Dresden, Germany.
Mr. Jueckstock earned a degree in engineering from the Military College at Zittau Germany.
About Federal-Mogul
Federal-Mogul is a leading global automotive supplier offering a comprehensive portfolio of quality products and trusted brands. Headquartered in Southfield, Michigan, the Company employs more than 45,000 people in 31 countries. Federal-Mogul reported sales of $6.2 billion in 2004.
The Company's principal customers include many of the world's foremost original equipment manufacturers of vehicles and industrial products, and aftermarket retailers and wholesalers.
Federal-Mogul's products are sold under a variety of power brands, including but not limited to, AE(R) engine products, ANCO(R) wipers, Champion(R) spark plugs and wipers, Fel-Pro(R) gaskets, Ferodo(R) brake pads, Glyco(R) bearings, Goetze(R) piston rings, Moog(R) chassis products, National(R) wheel-end components, Nural(R) pistons, Payen(R) gaskets, Sealed Power(R) engine products and Wagner(R) lighting and brake products. For more information on Federal-Mogul, visit the company's Web site at http://www.federal-mogul.com.
Note to Editors: There should be an accent symbol over the "e" in "Jose" above. Also, there should be an umlaut over the "u" in "Nural" above.