Affinia Group Realigns Corporate Finance Team, Announces Staff Additions

first_imgANN ARBOR, MI – Following last week’s news announcing a restructured marketing operation, today Affinia Group announced that it has added two new members to its corporate finance team and also realigned the duties of some existing corporate finance managers. AdvertisementClick Here to Read MoreAdvertisement “This finance team, under the leadership of our CFO Thomas Madden, will assure that we stay on course to meet and exceed the expectations of our customers and our investors,” said Terry McCormack, Affinia’s president and chief executive officer. “Our comprehensive restructuring program continues to move forward according to plan. As we achieve our immediate goals, we will continue to implement organizational change that will position us for success with our longer-range strategic initiatives.” The company has appointed David Shears to the position of director of internal audit, and Mark Trinske to the position of director of investor, public and government relations. Shears joins Affinia Group from Metaldyne Corp., a privately held auto parts manufacturer, where he served as director of internal audit services. At Affinia, he will be responsible for global internal auditing. Mark Trinske will be responsible for the flow of financial and strategic information to investors, press and public. Trinske will also provide a liaison to various governmental agencies. He was formerly with ProQuest Co., where he held the position of vice president, investor relations. Under the newly aligned corporate finance structure, Pat Flanagan has been promoted from corporate controller to chief accounting and financial compliance officer. In this expanded role, Flanagan will be responsible for, among other things, compliance with Sarbanes-Oxley requirements. Advertisement Walt Nevolis, formerly Affinia’s director of audit and compliance, has been named director, IT business office. Nevolis will be responsible for IT corporate compliance, corporate technology investments and will interface with IT providers. Nevolis will also serve as a financial analyst to the company’s business architecture group. Chuck Mendeljian, vice president of customer financial services, will join the finance department in the same capacity. Mendeljian’s extensive experience in the analysis and management of customer credit will result in closer integration within the finance department. “These changes greatly strengthen our audit, communications and compliance functions,” said Thomas Madden, Affinia Group’s chief financial officer. “With these additions and this realignment, our finance organization is well positioned to support our current growth as well as our long-range strategic initiatives.” For more information about Affinia, go to: read more

Antlers stay four points clear of Gamba

first_imgGamba looked to be on course for a dramatic come-from-behind win over Shimizu after two late goals from Araujo had put them 3-2 in front with seconds of second-half stoppage time remaining.In-form South Korean striker Cho Jae Jin gave S-Pulse the lead for the second time in the 66th minute when he slid home his eighth goal of the season.But Araujo headed in a corner from Yasuhito Endo a minute from time and league-leading Brazilian striker Araujo struck what he thought was the winner until Choi Tae Uk snatched a last-gasp equalizer to round off the scoring.Four-time champion Kashima led through a close-range effort from defender Daiki Iwamasa five minutes before halftime but had to settle for a point after Teppei Nishiyama leveled for visiting Oita with a deflected drive shortly after the hour mark.Kashima tops the table with 36 points from 17 games, with Gamba on 32, while Yokohama F. Marinos also failed to make up ground on the leaders after a crushing 4-0 reverse at FC Tokyo left the defending champions 10 points adrift. Boosted by its first win in three months at Shimizu in midweek, Tokyo ran out deserved winners courtesy of a bullet header from Yasuyuki Konno and second-half goals from substitutes Norio Suzuki (twice) and Yuta Baba.Ryoichi Maeda and Bobby Cullen both grabbed doubles as Jubilo Iwata piled more pressure on under-fire coach Osvaldo Ardiles after thrashing Tokyo Verdy 6-0.Verdy, which has conceded 25 goals in its last five matches, slipped to second from bottom as Kashiwa Reysol won 4-0 at bottom club Vissel Kobe, which had Ryuhei Niwa sent off after 31 minutes.In other matches, goals from Brazilians Edmilson and Anderson Lima lifted Albirex Niigata to a 3-0 win over Nagoya Grampus Eight while Kawasaki Frontale edged 10-man Cerezo Osaka 3-2.Monday’s matches see JEF United Chiba welcome Omiya Ardija while Urawa Reds entertain Sanfrecce Hiroshima. Zico’s All-Star move Japan coach Zico appears to have bowed to pressure from J. League officials and looks set to give the annual J. League All-Star match priority over buildup matches for the national team ahead of next year’s World Cup finals.Japan’s scheduled away friendlies against Latvia and Ukraine this autumn fall either side of the All-Star match at Oita Big Eye on Oct. 9 but Zico is to allow the J. League to rob him of a number of key players.“I already had this in mind because the J. League has always been cooperative when it comes to the national team,” Zico said after returning to Japan from a vacation on Sunday. KASHIMA – Kashima Antlers maintained their lead at the top of the J. League first division despite being held to a 1-1 draw at home to Oita Trinita on Sunday.Kashima stayed four points clear at the halfway stage of the season as nearest rival Gamba Osaka missed the chance to close the gap after succumbing to a late equalizer in a thrilling 3-3 draw at home to Shimizu S-Pulse. GET THE BEST OF THE JAPAN TIMEScenter_img IN FIVE EASY PIECES WITH TAKE 5last_img read more