People: Federal-Mogul Corp (FDML.O)
FDML.O on Nasdaq
9.38USD
22 May 2013
9.38USD
22 May 2013
Price Change (% chg)
$-0.15 (-1.57%)
$-0.15 (-1.57%)
Prev Close
$9.53
$9.53
Open
$9.60
$9.60
Day's High
$9.86
$9.86
Day's Low
$9.31
$9.31
Volume
288,719
288,719
Avg. Vol
257,669
257,669
52-wk High
$11.85
$11.85
52-wk Low
$4.80
$4.80
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Carl Icahn |
77 | 2008 | Non-Executive Chairman of the Board |
Rainer Jueckstock |
53 | 2012 | Co-Chief Executive Officer, Director |
Michael Broderick |
44 | 2012 | Co-Chief Executive Officer |
Alan Haughie |
49 | 2012 | Chief Financial Officer, Senior Vice President |
Brett Pynnonen |
44 | 2012 | Senior Vice President, Chief Compliance Officer, General Counsel, Secretary |
Scott Pepin |
45 | 2012 | Senior Vice President - Global Human Resources |
Jerome Rouquet |
45 | 2010 | Chief Accounting Officer, Vice President, Controller |
Jose Maria Alapont |
61 | 2012 | Director |
SungHwan Cho |
38 | 2012 | Director |
Hunter Gary |
38 | 2012 | Non-Independent Director |
Vincent Intrieri |
56 | 2007 | Director |
Samuel Merksamer |
32 | 2010 | Director |
Daniel Ninivaggi |
48 | 2010 | Director |
George Feldenkreis |
76 | 2008 | Independent Director |
James Laisure |
60 | 2008 | Independent Director |
Neil Subin |
47 | 2007 | Independent Director |
James Vandenberghe |
63 | 2008 | Independent Director |
David Pouliot |
Vice President, Investor Relations |
Biographies
| Name | Description |
|---|---|
Carl Icahn |
Mr. Carl C. Icahn is Non-Executive Chairman of the Board of Federal Mogul Corporation., since January 16, 2008. Mr. Icahn has served as chairman of the board and a director of Starfire Holding Corporation, a privately-held holding company, and chairman of the board and a director of various subsidiaries of Starfire, since 1984. Since August 2007, through his position as Chief Executive Officer of Icahn Capital LP, a wholly owned subsidiary of Icahn Enterprises L.P. (“IEP”), and certain related entities, Mr. Icahn’s principal occupation is managing private investment funds, including Icahn Partners LP, Icahn Partners Master Fund LP, Icahn Partners Master Fund II LP and Icahn Partners Master Fund III LP. From November 2004 through August 2007, Mr. Icahn conducted this occupation through his entities CCI Onshore Corp. and CCI Offshore Corp. Since November 1990, Mr. Icahn has been chairman of the board of Icahn Enterprises G.P. Inc., the general partner of IEP. IEP is a diversified holding company engaged in a variety of businesses, including investment management, automotive, metals, real estate, home fashion, railcar, casino gaming and food/packaging. From July 1993 to July 2010, Mr. Icahn served as a director of Cadus Corporation, a company engaged in the ownership and licensing of yeast-based drug discovery technologies. From May 2005 to January 2010, Mr. Icahn served as a director of Blockbuster Inc., a provider of in-home movie rental and game entertainment. Mr. Icahn was a director of WCI Communities, Inc. (“WCI”), a homebuilding company, from August 2007 to September 2009 and served as chairman of the board of WCI from September 2007 to September 2009. Mr. Icahn was a director of Yahoo! Inc., a company that provides Internet services to users, advertisers, publishers and developers worldwide, from August 2008 to October 2009. Mr. Icahn received his B.A. from Princeton University. |
Rainer Jueckstock |
Mr. Rainer Jueckstock serves as Co-Chief Executive Officer, Director of Federal-Mogul Corp. Mr. Jueckstock has been Chief Executive Officer of the Company since April 1, 2012. Previously, Mr. Jueckstock served as senior vice president, Powertrain Energy, and a member of the strategy board of the Company since April 2005. Previously, he was senior vice president, global powertrain. Mr. Jueckstock joined the Company in 1990, and has held many positions with the Company including senior vice president, powertrain operations; senior vice president, pistons, rings and liners; vice president, rings and liners; operations director, piston rings, Europe; and managing director of the Friedberg, Germany, operation. He also served as sales director for rings and liners, Europe; finance controller in Burscheid, Germany; and finance manager in Dresden, Germany. |
Michael Broderick |
Mr. Michael Broderick serves as Co-Chief Executive Officer of Federal-Mogul Corp. He is also the Chief Executive Officer of the Global Aftermarket Division of the Company. He also serves as chief executive officer of the Vehicle Components Solutions Segment since June 2012. He has more than 20 years of experience in leadership positions in the global automotive aftermarket. Prior to joining the Company in 2012, Broderick was president of CARQUEST, an automotive repair parts distributor, a position he held after serving as senior vice president, sales, from 2008 to 2010. From 1992 through 2008, Broderick held positions of increasing responsibility with AutoZone, Inc., ultimately holding the title of vice president, commercial sales and operations. He began his career with Minolta Business Systems and American Transit Insurance Company. Broderick earned a bachelor’s degree in business management from Assumption College in Worcester, Massachusetts. |
Alan Haughie |
Mr. Alan Haughie serves as Chief Financial Officer, Senior Vice President of Federal-Mogul Corp. He served as vice president, controller and chief accounting officer of the Company from 2005 to June 2010. Prior to that, he served as director, corporate finance from 2000 to 2005, and worked as controller in the Company’s aftermarket business located in Manchester, United Kingdom, from 1999 to 2000. Prior to joining the Company in 1994, Mr. Haughie worked for Ernst & Young in the U.K. in various audit roles. |
Brett Pynnonen |
Mr. Brett D. Pynnonen serves as Senior Vice President, Chief Compliance Officer, General Counsel, Secretary of Federal-Mogul Corp. Mr. Pynnonen has served as senior vice president, general counsel and chief compliance officer since November 2010. Mr. Pynnonen joined the Company as assistant general counsel and assistant secretary in 2007. Prior to joining the Company, Mr. Pynnonen was vice president, general counsel and secretary for Covansys Corporation. Prior to that, Mr. Pynnonen was an attorney for the law firm of Butzel Long in Detroit, MI. |
Scott Pepin |
Mr. Scott Pepin serves as Senior Vice President - Global Human Resources of Federal-Mogul Corp. Previously, Pepin was vice president, labor relations, and director of human resources, North America and Global Powertrain Energy. In that role he was responsible for the design, implementation and direct management of North American human resources; lead assessor and strategist of higher-level, global, labor relations matters; and ensured the Powertrain Energy business unit’s human resources strategy aligned with its strategic and operating profit plans. Pepin joined the company in 1994, and has held several positions of increasing responsibility during that time, including director of human resources, global powertrain; director of human resources, global rings and liners and North American OE sales; and director of human resources, North American powertrain systems and OE sales. He was also formerly senior director, Kellogg North America, human resources and organizational development. Pepin earned a bachelor of arts degree in English and psychology from the University of Western Ontario, London, Ontario, Canada; and a bachelor of commerce degree in business administration and a master’s degree in business administration, both from The University of Windsor, Ontario, Canada. |
Jerome Rouquet |
Mr. Jerome Rouquet serves as Chief Accounting Officer, Vice President, Controller of Federal-Mogul Corp. Mr. Rouquet joined the Company in 1996 and has held various finance positions of increasing responsibility at regional and group levels across multiple product lines and business units. Most recently he served as Finance Director, Vehicle Safety and Protection. Mr. Rouquet graduated in 1990 from the Institut Superieur de Gestion in Paris, France. |
Jose Maria Alapont |
Mr. Jose Maria Alapont is Director of Federal-Mogul Corporation. He was President, Chief Executive Officer of the Company from March 2005 to April 2012. Mr. Alapont also served as chairman of the Board of Directors of the Company from June 2005 to December 2007. On March 31, 2012, Mr. Alapont retired as president and chief executive officer of the Company and subsequent to such date will continue to serve on the Board of Directors of the Company. Mr. Alapont has more than 35 years of global leadership experience in both vehicle manufacturers and suppliers, with business and operations responsibilities in the Americas, Europe, Middle East & Africa, and Asia Pacific regions. From 2003 to 2005, Mr. Alapont was the chief executive officer and a member of the board of directors of IVECO, the commercial trucks and vans, public and commercial buses, recreational, special off-road, firefighting, defense and military vehicles company of the Fiat Group. He also became a member of the Fiat Group Executive Committee, the company’s strategy and policy making group. From 1997 to 2003, Mr. Alapont served in various key executive positions at Delphi Corporation, a global automotive supplier. He began at Delphi as executive director of international operations. In 1999, Mr. Alapont was named president of Delphi Europe, Middle East and Africa and a vice president of Delphi Corporation and also became a member of the Delphi Strategy Board, the company’s top policy-making group. Since May 2011, Mr. Alapont also serves as a director of Mentor Graphics Corp,, an electric design automation company, and serves on the boards of automotive supplier trade associations and economic development groups in the U.S., Europe and Asia Pacific countries. A native of Spain, Mr. Alapont earned degrees in industrial engineering from the Technical School of Valencia in Spain and in philology/philosophy from the University of Valencia in Spain. |
SungHwan Cho |
Mr. SungHwan Cho is Director of Federal-Mogul Corporation. He has served as Chief Financial Officer of Icahn Enterprises G.P. Inc., the general partner of Icahn Enterprises L.P. (a diversified holding company engaged in a variety of businesses, including investment, automotive, energy, gaming, railcar, food packaging, metals, real estate and home fashion), since March 2012. Prior to that time, he was Senior Vice President and previously Portfolio Company Associate at Icahn Enterprises since October 2006. From 2004 to 2006, Mr. Cho served as Director of Finance for Atari, Inc., a publisher of interactive entertainment products. From 1999 to 2002, Mr. Cho served as Director of Corporate Development and Director of Product Development at Talk America, a telecommunications provider to small business and residential customers. From 1996 to 1999, he was an investment banker at Salomon Smith Barney in New York and Tokyo. Mr. Cho has been a director of: Icahn Enterprises G.P. Inc. since September 2012; CVR Energy, Inc., an independent petroleum refiner and marketer of high value transportation fuels, since May 2012; CVR GP, LLC, the general partner of CVR Partners LP, a nitrogen fertilizer company, since May 2012; Federal-Mogul Corporation, a supplier of automotive powertrain and safety components, since May 2012; XO Holdings, a competitive provider of telecom services, since August 2011; American Railcar Industries, Inc., a railcar manufacturing company, since June 2011; Take-Two Interactive Software Inc., a publisher of interactive entertainment products, since April 2010; WestPoint Home LLC, a home textiles manufacturer, since January 2008; PSC Metals Inc., a metal recycling company, since December 2006; and Viskase Companies, Inc., a meat casing company, since November 2006. Mr. Cho received a B.S. in Computer Science from Stanford University and an MBA from New York University, Stern School of Business. |
Hunter Gary |
Mr. Hunter C. Gary is appointed as the Non-Independent Director of Federal-Mogul Corporation. He has served as Senior Vice President of Icahn Enterprises L.P., the indirect holder of approximately 77.5% of the Company’s common stock, since November 2010. Prior to that time, Mr. Gary has been employed by Icahn Associates Corporation, an affiliate of Icahn Enterprises L.P., in various roles since June 2003, most recently as the Chief Operating Officer of Icahn Sourcing LLC. From 1997 to 2002, Mr. Gary worked at Kaufhof Warenhaus AG, a subsidiary of the Metro Group AG, most recently as a Managing Director. Mr. Gary has been and currently serves as a director of: Viskase Companies Inc., a meat casing company, since August 2012; PSC Metals Inc., a metal recycling company, since May 2012; XO Holdings, a competitive provider of telecom services, since September 2011; Tropicana Entertainment Inc., a company that is primarily engaged in the business of owning and operating casinos and resorts, since March 2010; Tropicana Entertainment Cayman Holdings Co. Ltd. since January 2011; American Railcar Industries, Inc., a railcar manufacturing company, since January 2008; Motricity Inc., a mobile data services provider, since October 2007; and WestPoint Home LLC, a home textiles manufacturer, since June 2007. Viskase Companies, PSC Metals, XO Holdings, Tropicana Entertainment, American Railcar Industries and WestPoint Home each are indirectly controlled by Carl C. Icahn (the chairman of the board of Icahn Enterprises L.P. and the non-executive chairman of the board of the Company). Mr. Icahn also has a non-controlling interest in Motricity through the ownership of securities. Mr. Gary received his B.S. with senior honors from Georgetown University as well as a certificate of executive development from Columbia Graduate School of Business. |
Vincent Intrieri |
Mr. Vincent J. Intrieri is Director of Federal Mogul Corporation., since December 27, 2007. Since October 2011, Mr. Intrieri has served as Senior Vice President of Icahn Enterprises G.P Inc. Since July 2006, Mr. Intrieri has been a director of Icahn Enterprises G.P. Inc., the general partner of Icahn Enterprises L.P., a diversified holding company engaged in a variety of businesses, including investment management, metals, automotive, real estate, railcar, food/packaging, casino gambling and home fashion. From April 2005 through September 2008, Mr. Intrieri was the President and Chief Executive Officer of Philip Services Corporation, a metal recycling and industrial services company. Since December 2007, Mr. Intrieri has been the chairman of the board and a director of PSC Metal, Inc., a metal recycling company. From August 2005 to June 2011, Mr. Intrieri served as a director of American Railcar Industries, Inc. (“ARI”), a company that is primarily engaged in the business of manufacturing covered hopper and tank railcars. From March 2005 to December 2005, Mr. Intrieri was a senior vice president, the treasurer and the secretary of ARI. From April 2003 to June 2011, Mr. Intrieri was chairman of the board of directors and a director of Viskase Companies, Inc., a producer of cellulosic and plastic casings used in preparing and packaging processed meat products. From November 2006 to November 2008, Mr. Intrieri served on the board of directors of Lear Corporation, a supplier of automotive interior systems and components. From August 2008 to September 2009, Mr. Intrieri was a director of WCI Communities, Inc., a homebuilding company. From November 2005 to March 2011, Mr. Intrieri served as a director of WestPoint International, Inc. (“WPI”), a manufacturer and distributor of home fashion consumer products. Mr. Intrieri is a certified public accountant. Mr. Intrieri received a B.S. in Accounting from The Pennsylvania State University. |
Samuel Merksamer |
Mr. Samuel J. Merksamer is Director of Federal Mogul Corporation., since September 16, 2010. Mr. Merksamer has served as an investment analyst at Icahn Capital LP, the entity through which Carl C. Icahn manages private investment funds, since May 2008. Mr. Merksamer also serves on the boards of directors of the following companies: Dynegy Inc., a company primarily engaged in the production and sale of electric energy, capacity and ancillary services; Viskase Companies, Inc., a producer of cellulosic and plastic casings used in preparing and packaging processed meat products; American Railcar Industries Inc., a company that is primarily engaged in the business of manufacturing covered hopper and tank railcars; and PSC Metals Inc., a metal recycling company. With respect to each company mentioned above, Carl C. Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. Before joining Icahn Capital, Mr. Merksamer was an analyst at Airlie Opportunity Capital Management where he focused on high yield and distressed investments. Mr. Merksamer received an A.B. in Economics from Cornell University in 2002. |
Daniel Ninivaggi |
Mr. Daniel A. Ninivaggi is Director of Federal Mogul Corporation., since March 18, 2010. Mr. Ninivaggi has served as President of Icahn Enterprises L.P. and its general partner Icahn Enterprises G.P. since April 2010 and as the Principal Executive Officer, or chief executive, of Icahn Enterprises G.P. Inc. and Icahn Enterprises L.P. since August 2010. Mr. Ninivaggi has also served as a director of Icahn Enterprises, G.P. since March 2012. Icahn Enterprises is a diversified holding company engaged in a variety of business, including investment management, automotive, metals, real estate, railcar, food packaging, gaming and home fashion. Since January 2011, he has served as Interim President and Interim Chief Executive Officer and a director of Tropicana Entertainment Inc., a company that is primarily engaged in the business of owning and operating casinos and resorts. With respect to each company mentioned above, Mr. Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. From July 2009 to March 2010, Mr. Ninivaggi served as Of Counsel to the international law firm of Winston & Strawn LLP. From 2003 until July 2009, Mr. Ninivaggi served in a variety of executive positions at Lear Corporation, a global supplier of automotive seating systems and electrical power management systems and components, including as General Counsel from 2003 through 2007, as Senior Vice President from 2004 until 2006, and most recently as Executive Vice President and Chief Administrative Officer from 2006 to July 2009. Mr. Ninivaggi received a B.A. in History from Columbia University in 1986, a Masters of Business Administration from the University of Chicago in 1988 and a J.D. from Stanford Law School in 1991. |
George Feldenkreis |
Mr. George Feldenkreis is Independent Director of Federal Mogul Corporation., since February 28, 2008. Mr. Feldenkreis founded Perry Ellis International, Inc., a designer, distributor and licensor of apparel and accessories for men and women, in 1967. He has been involved in all aspects of the operations of Perry Ellis since that time and served as president and a director of Perry Ellis until February 1993, at which time he was elected chairman of the board and chief executive officer. Previous to founding Perry Ellis International, he founded Carfel, Inc., a distributor of automatic transmission parts, standard clutch parts and timing components to the aftermarket, and there served as president until its sale in 2001. He is a member of the board of directors of the Greater Miami Jewish Federation, a trustee of the Simon Wiesenthal Board, a member of the board of directors of the American Apparel and Footwear Association and is a trustee of the University of Miami. |
James Laisure |
Mr. James Michael Laisure is Independent Director of Federal Mogul Corporation., since February 25, 2008. Since August 2007, Mr. Laisure has served as the Chief Executive Officer of Fluid Routing Solutions, Inc. (“Fluid Routing”), an automotive supplier that designs and manufactures fluid and fuel handling systems, which was formerly known as Mark IV Industries. Fluid Routing filed for bankruptcy protection under Chapter 11 in February 2009 and emerged from Chapter 11 in March 2009. Mr. Laisure served from December 2006 through July 2007 as President of Delco Remy, Inc., a manufacturer of starters, alternators and rotating electrics for the automotive, commercial vehicle and off-highway markets. Mr. Laisure has served as a director of American Railcar Industries, Inc., a company that is primarily engaged in the business of manufacturing covered hopper and tank railcars, since January 2006. Since May 2005, Mr. Laisure has been consulting as an independent contractor for the automotive and industrial manufacturing space. Prior to this, he spent 32 years in various corporate accounting, sales, engineering and operational positions with Dana Corporation (“Dana”), a publicly held corporation that designs, manufactures and supplies vehicle components and technology, and its predecessors. Mr. Laisure served as president of Dana’s Automotive Systems Group from March 2004 to May 2005. From December 2001 to February 2004, Mr. Laisure served as president of Dana’s engine and fluid management group and, from December 1999 to November 2001, he served as president of Dana’s fluid management group. Mr. Laisure received a B.A. in Accounting from Ball State University and an M.B.A. from Miami (Ohio) University, and has completed the Harvard University Advanced Management Program. |
Neil Subin |
Mr. Neil S. Subin is Independent Director of Federal Mogul Corporation., since December 27, 2007. Mr. Subin founded and is Chairman of Broadbill Investment Partners LP, a private investment fund, since 2011. Prior to forming Broadbill Investment Partners, LP, Mr. Subin founded and was managing director and president of Trendex Capital Management, a private investment fund, since 1991. Prior to forming Trendex Capital, Mr. Subin was a private investor from 1988 to 1991 and was an associate with Oppenheimer & Co. from 1986 to 1988. Mr. Subin also serves on the board of directors of the following companies: Primus Telecommunications Group, Inc.; Hancock Fabrics, Inc.; Institutional Financial Markets, Inc.; and Phosphate Holdings, Inc. |
James Vandenberghe |
Mr. James H. Vandenberghe is Independent Director of Federal Mogul Corporation., since February 25, 2008. Mr. Vandenberghe was vice chairman of Lear Corporation, a supplier of automotive systems and components until May 2008. He had been affiliated with Lear and its predecessor companies for 35 years and was named vice chairman in November 1998. Mr. Vandenberghe earned a bachelor’s degree in business administration from Western Michigan University, and a master’s degree in business administration from Wayne State University. Mr. Vandenberghe sits on the board of trustees for the College for Creative Studies, the board of visitors for the Wayne State University School of Business, and the board of directors for DTE Energy and the United Way for Southeastern Michigan. |
David Pouliot |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Carl Icahn |
-- |
Rainer Jueckstock |
-- |
Michael Broderick |
-- |
Alan Haughie |
1,066,330 |
Brett Pynnonen |
-- |
Scott Pepin |
-- |
Jerome Rouquet |
-- |
Jose Maria Alapont |
6,570,620 |
SungHwan Cho |
-- |
Hunter Gary |
-- |
Vincent Intrieri |
-- |
Samuel Merksamer |
-- |
Daniel Ninivaggi |
-- |
George Feldenkreis |
-- |
James Laisure |
-- |
Neil Subin |
-- |
James Vandenberghe |
-- |
David Pouliot |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Carl Icahn |
0 | 0 |
Rainer Jueckstock |
0 | 0 |
Michael Broderick |
0 | 0 |
Alan Haughie |
0 | 0 |
Brett Pynnonen |
0 | 0 |
Scott Pepin |
0 | 0 |
Jerome Rouquet |
0 | 0 |
Jose Maria Alapont |
0 | 0 |
SungHwan Cho |
0 | 0 |
Hunter Gary |
0 | 0 |
Vincent Intrieri |
0 | 0 |
Samuel Merksamer |
0 | 0 |
Daniel Ninivaggi |
0 | 0 |
George Feldenkreis |
0 | 0 |
James Laisure |
0 | 0 |
Neil Subin |
0 | 0 |
James Vandenberghe |
0 | 0 |
David Pouliot |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
JUECKSTOCK RAINER |
40 | $6.79 |
JUECKSTOCK RAINER |
1,500 | $10.10 |
JUECKSTOCK RAINER |
18,500 | $10.07 |
ICAHN CARL C |
239,149 | $9.41 |
ICAHN CARL C |
41,500 | $9.21 |
ICAHN CARL C |
100 | $9.26 |
ICAHN CARL C |
1,800 | $9.16 |
ICAHN CARL C |
30,000 | $9.05 |
ICAHN CARL C |
61,300 | $14.01 |
ICAHN CARL C |
61,300 | $13.82 |
ICAHN CARL C |
8,300 | $13.46 |
ICAHN CARL C |
57,300 | $13.56 |
ICAHN CARL C |
57,300 | $13.74 |
ICAHN CARL C |
57,300 | $13.70 |
ICAHN CARL C |
50,440 | $13.84 |
ICAHN CARL C |
2,200 | $14.83 |
ICAHN CARL C |
48,900 | $14.93 |
ICAHN CARL C |
42,300 | $14.88 |
ICAHN CARL C |
42,300 | $15.41 |
ICAHN CARL C |
42,300 | $15.39 |
ICAHN CARL C |
20,046 | $15.50 |
ICAHN CARL C |
42,300 | $14.83 |
ICAHN CARL C |
39,900 | $14.69 |
ICAHN CARL C |
64,056 | $15.14 |
ICAHN CARL C |
64,056 | $15.38 |

