Kevin Freeland to take charge as the new Co-CEO for Federal-Mogul

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The Board of Directors of Federal-Mogul Corporation (NASDAQ: FDML), a global supplier of powertrain and safety technologies, and of leading brands in the worldwide automotive aftermarket, has elected Kevin P. Freeland to the position of Co-Chief Executive Officer of Federal-Mogul Corporation and Chief Executive Officer, Federal-Mogul’s Vehicle Components Segment (VCS), effective June 17, 2013.

Mr. Freeland will report to the company’s Board of Directors. Federal-Mogul’s VCS is one of the largest independent global suppliers of leading, premium-branded automotive parts to the automotive aftermarket. The company manufactures and distributes more than 20 of the world’s most recognized auto parts brands, including ANCO® wiper blades, Champion® spark plugs, MOOG® chassis parts, and Wagner® brake products.

“The Board is pleased to welcome Kevin to Federal-Mogul, and we look forward to his leadership in growing the aftermarket division and building upon its world-class products and strong customer base,” said Carl C. Icahn, Chairman of Federal-Mogul’s Board of Directors.

Mr. Freeland joins Federal-Mogul after 32 years of merchandising, marketing and procurement experience, most recently as Chief Operating Officer of Advance Auto Parts, Inc. Prior to joining Advance Auto Parts, Mr. Freeland spent eight years, from 1995 to 2003, with Best Buy Co., Inc., a specialty retailer of consumer electronics, office products, appliances and software, serving as Senior Vice President in its procurement and distribution group and, ultimately, President of its Musicland Division.

Source: Federal Mogul

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