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Delphi Automotive names Gupta house chairman

Delphi Automotive PLC pronounced Monday that John A. “Jack” Krol, a authority given 2009, will retire from his position Mar 1 and will be transposed by Rajiv L. Gupta.

The automobile supplier, headquartered in England though with a vast participation in Troy, also pronounced Kevin P. Clark, Delphi’s arch handling officer, will join a house Mar 1 to coincide with his appointment as Delphi’s boss and CEO. Rodney O’Neal, now Delphi CEO and president, will retire from a association and house on Mar 1.

The association also pronounced Timothy M. Manganello, former CEO of BorgWarner Inc. who late in 2012, will also join Delphi’s board. also Mar 1.

Krol, 78, was before authority and CEO of E.I. du Pont de Nemours Co. He will sojourn on Delphi’s house until a annual shareholder’s assembly Apr 23. Delphi, in a regulatory filing, pronounced Krol pronounced his preference not to find re-election to a house “was not due to any feud with a company’s operations, policies or practices.”

“We appreciate Jack for his many contributions to a house and to Delphi,” O’Neal pronounced in a statement. “Jack played an instrumental purpose in focusing a association on execution and excellence, assisting to raise shareholder value during his tenure. We also acquire a choosing of new house chairman, Raj Gupta, who brings an endless technical and operational credentials as good as low knowledge with house governance.”

Gupta, 69, former authority and CEO of Rohm and Haas Co., has served on Delphi’s house given Nov 2009. Gupta will join Delphi’s house nominating and governance cabinet as authority and will finish his position as authority of a board’s remuneration and tellurian resources committee. That purpose is being picked adult by house and cabinet member J. Randall MacDonald.

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Article source: http://www.detroitnews.com/story/business/autos/2015/02/02/delphi-board/22739311/

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