SOUTHFIELD, Mich. (June 8)—Federal-Mogul Corp. has appointed G. Michael Lynch to executive vice president and chief financial officer. Lynch, who assumes the post June 19, replaces Thomas W. Ryan who resigned from the supplier in March. Lynch joins Federal-Mogul from Dow Chemical Co. and previously Ford Motor Co., where he spent 29 years, most recently as controller of the automotive components division. Lynch´s appointment follows Federal-Mogul´s warnings earlier this month that its second quarter earnings could be as much as 40 percent below analysts´ estimates because of softening in the North American automotive replacement market and currency weakness in Europe.
Federal-Mogul names new chief financial officer
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