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

Opening Ceremony of the Saint Vincent and the Grenadines-Mexico Friendship Bridge

first_img Share 149 Views   no discussions Sharing is caring! Tweet Press ReleaseThe official Opening of the Cumberland Bridge Reconstruction and River Embankment Protection Project was held today, March 20th, in a ceremony attended by the Prime Minister, H.E. Ralph Gonsalves; the Minister of Transport, Works, Urban Development and Local Government and Postal Services, Hon. Julian Francis; the General Director of Cooperation in the Caribbean and Central America of Mexico, Min. Julian Juarez, and the Ambassador of Mexico to the East Caribbean States, H.E. Oscar Esparza Vargas, as well as members of the Diplomatic Corps, other Government officials and local residents. The project in question was financed by Mexico through the Infrastructure Fund for Mesoamerican and Caribbean Countries, with a grant of 13.5 million EC dollars (5 million USD). The project encompassed various components related to the Cumberland River and the communities surrounding it, including protection of the embankment, three small bridges, road repair and the main bridge that crosses the Cumberland River. In that regard, Ambassador Esparza Vargas thanked Prime Minister Gonzalvez for renaming the said main component of the project “Saint Vincent and the Grenadines-Mexico Friendship Bridge”, noting that the gesture will serve as a testimony of the good relations and close ties between the two countries.In his speech, Min. Julian Juarez reiterated that “Mexico is part of the Greater Caribbean and, as such, is committed to contribution in the development of Saint Vincent and the Grenadines, as well as of its other Caribbean neighbours”. He also emphasized that, the Caribbean region should take advantages of the synergies between countries and “face common challenges together, as allies”.In the morning of the ceremony, Min. Julián Juarez and H.E. Oscar Esparza held a meeting with Prime Minister Gonsalves to discuss, amongst other things, the regional and bilateral cooperation projects currently offered by Mexico, aimed at strengthening the integration, resilience and sustainability of the Caribbean. Some of these include technical and scientific cooperation regarding disaster risk management, agriculture, the financial sector, and education, amongst other areas.center_img NewsRegional Opening Ceremony of the Saint Vincent and the Grenadines-Mexico Friendship Bridge by: – March 21, 2018 Share Sharelast_img read more