DETROIT -- Visteon Corp. named Jeffrey Stafeil, 42, CFO and executive vice president. Stafeil, who joined Visteon on Nov. 2, replaces Michael Widgren, who was interim CFO for one month. Widgren will stay on as vice president, corporate controller and chief accounting officer. Visteon, of suburban Detroit, makes climate-control systems, electronics and interior components. It ranks No. 22 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of $8.05 billion in 2011.
DETROIT -- Following the resignation of Jeffrey Stafeil as CEO of Dura Automotive Systems to move to Visteon Corp., Lynn Tilton, 53, founder and CEO of Patriarch Partners, Dura’s corporate parent, will step in as interim CEO until a successor is found. Dura, of suburban Detroit, produces cables, shifters, glass, exterior trim, seat components and parking brakes. It ranks No. 92 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of an estimated $1.54 billion in fiscal 2011.
DETROIT -- Gian Maria Olivetti has been named chief technology officer of Federal-Mogul Corp.’s powertrain segment. Olivetti will oversee global engineering, research and product development for powertrains. He will report directly to Federal-Mogul co-CEO Rainer Jueckstock, effective immediately. Olivetti, a former Fiat executive, joined Federal-Mogul in 2007 as vice president of r&d for pistons, rings and liners. Federal-Mogul, of suburban Detroit, makes engine parts, brake friction materials and products, lighting products, wipers and fuel pumps. It ranks No. 46 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of $4.59 billion in 2011.
DETROIT -- TI Automotive named Julian Dench, 50, global managing director of powertrain systems. He had been vice president and global account director for TRW Automotive. TI Automotive, of suburban Detroit, supplies fluid storage, transfer and delivery technology to the auto industry. It ranks No. 61 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of an estimated $3.0 billion in 2011.
CLEVELAND -- Eaton Corp. named Staci Kroon president of the automotive North America division, effective Jan. 1. She succeeds Jake Hooks, who will retire from the company on March 1. Kroon was senior vice president of Eaton’s commercial vehicle transmission business. A search for her replacement is under way, Eaton said. Eaton, of Cleveland, makes engine parts for light-, medium- and heavy-duty vehicles. It ranks No. 90 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of an estimated $1.61 billion in 2011.
NEW YORK -- Mel Karmazin will step down as CEO of Sirius XM Radio Inc. Karmazin will leave the company and its board of directors on Feb. 1, following the expiration of his contract and a brief transition. The New York company says it has formed a search committee to find a new CEO. Karmazin had run Sirius XM for eight years, and he was instrumental in the merger of the two rival satellite radio providers, Sirius and XM.
SAN DIEGO -- Fallbrook Technologies Inc. added MaryAnn Wright, 50, to its board of directors. Wright is vice president of global technology and innovation for Johnson Controls Power Solutions, a unit of Johnson Controls Inc. Fallbrook, of San Diego, is a privately held technology development and manufacturing company that has developed a new class of continuously variable transmissions.