According to reports, the Federal-Mogul Group announced that the company’s senior vice president and CFOAlan Haughie had resigned on August 26 and his position was temporarily replaced by chief accounting officer Jerome Rouquet.
The Federal-Mogul Group recently announced the resignation of Alan Haughie in an extremely concise statement. The company did not disclose the specific reason behind Alan Haughie's departure in the statement, saying that it was "in order to seek other opportunities."
Federal-Mogul is currently looking for a new candidate to serve as the CFO. Prior to the success of the candidate, Jermaine Roumont, vice president, treasurer and chief accounting officer, will temporarily replace this position.
In addition to senior vice president and CFO positions, Alan Haughie previously served as CFO at the Federal-Mogul Powertrain Division. He first joined Federal-Mogul in 1994 and has held several audit positions with Ernst & Young in England.
According to Federal-Mogul’s financial report released in July, the company successfully achieved a turnaround in the second quarter through a series of restructuring and cost reduction measures, and its operating income reached US$1.77 billion, an increase of 5.8% from US$1.68 billion in the same period in 2012; The company last quarter ended its loss for four consecutive quarters, net profit reached 56 million US dollars, and in the second quarter of 2012, Federal-Mogul net loss of 59 million US dollars.
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