Federal-Mogul Appoints Chip Mower, Director, Business Services
20 April 1999
Federal-Mogul Appoints Chip Mower, Director, Business ServicesSOUTHFIELD, Mich., April 20 -- Thomas W. Ryan, executive vice president, chief financial officer, Federal-Mogul Corporation announces the appointment of Chip Mower to the position of director, Federal- Mogul business services, effective immediately. Mower will report to Ryan. "We are fortunate to have the breath of business knowledge that Chip brings to this assignment, including the Federal-Mogul specific experiences he has gained as the director of audit," said Ryan. Mower's responsibilities will initially focus on the development of a cost competitive, financial shared services operation that will provide a high level of service to Federal-Mogul's U.S. operations in the areas of payroll, accounts payable, operations consolidation and related processes. In this regard, the following individuals will report to Mower: * Robert Lesko, assistant controller, St. Louis, who manages the shared service financial activities at the St. Louis site including payroll, accounts payable and consolidations * Sharon Willey, accounting manager, Southfield, who manages consolidations for operations on a global basis * Mike Wolfenden, accounting services manager, Southfield, who manages the corporate payroll and accounts payable activities Mower will continue to oversee the Audit function until a successor is announced. Mower joined Federal-Mogul in 1996 as director, Federal-Mogul Audit Services, his current position. He was previously employed at General Electric Company where he held management positions in audit and project finance, as a business unit finance manager, and as a sourcing manager. Mower is a graduate of the GE Financial Management Program. He earned a Bachelor of Science degree in business administration from the University of Vermont and is currently completing MBA studies at the J.L. Kellogg Graduate School of Management at Northwestern University. Headquartered in Southfield, Michigan, Federal-Mogul is an automotive parts manufacturer providing innovative solutions and systems to global customers in the automotive, light truck, heavy-duty, railroad, farm and industrial markets. The company was founded in 1899. Visit the company's web site at http://www.federal-mogul.com for more information. Federal-Mogul's press releases are available by fax through Company News On-Call, call 800-758-5804, ext. 306225.