The board of directors of Federal-Mogul Corp., a global supplier of powertrain and safety technologies, announced the election of Michael Broderick as chief executive officer of the company’s aftermarket division effective June 25. He will fill the role established in March when the board announced its decision to modify the company’s corporate structure to create a separate and independent aftermarket division.
Federal-Mogul’s Aftermarket business manufactures and distributes more than 20 auto parts brands, including Anco wiper blades, Champion spark plugs, Moog chassis parts and Wagner brake products.
“The Board is pleased to welcome Mike to Federal-Mogul, and we look forward to his strong leadership in establishing an independent aftermarket division that leverages the company’s premium products and leading brands to drive growth and strong customer loyalty,” says Carl Icahn, chairman of Federal-Mogul’s board.
Broderick joins Federal-Mogul after 20 years of experience in the automotive aftermarket in positions of increasing responsibility at two of the world’s largest aftermarket parts and service products distributors. He was most recently president of Carquest, an automotive aftermarket distributor. Prior to joining Carquest, Broderick held senior executive sales and operations positions during his 16-year tenure at AutoZone.
“On behalf of the Federal-Mogul organization, we congratulate and welcome Mike and look forward to working with him to strengthen Federal-Mogul’s position as a preferred supplier to the global independent aftermarket,” says Rainer Jueckstock, chief executive officer of Federal-Mogul’s OE division.