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

Q&A | Stoops still listing Boom as doubtful

first_imgKentucky head coach Mark Stoops made his weekly appearance on the SEC teleconference Wednesday. You can read a full transcript of his comments below:Kentucky Coach Mark Stoops looks at the scoreboard in the first half against Tennessee Saturday night at Commonwealth Stadium in Lexington. (October 31, 2015)Kentucky Coach Mark Stoops looks at the scoreboard in the first half against Tennessee Saturday night at Commonwealth Stadium in Lexington. (October 31, 2015)Opening statement: “Looking forward to another great challenge, going on the road to play Georgia in Athens. It will be a real challenge for us. Certainly our team is in great need to go on the road and play a very good football game, better than we have the past couple of weeks. Disappointed in the outcome this past week versus Tennessee, but we’ve had a great week of practice so far and looking forward to finishing up this week and, like I said, getting on the road, going down there and playing well.”On the performance offensive line as a whole: “Yeah, it’s hard for us when we get behind the chains and when we get behind in the score. It’s not what we’re built to do right now, just to try to get into drop-back pass situations. We probably put them in some tough blocking assignments and we didn’t hold up as well as we’d like to. We’re at our best when we have balance and when we’re in closer games and not getting behind obviously, because we’re not built, again, to just drop-back pass. I think when we keep people off balance and run the ball effectively and have our run-pass options off of it, that’s when we’re most effective. So, I think our o-line is a lot like much of our team: a little bit more inconsistent than we want it to be.”On how much stock he puts in players-only meetings: “I think sometimes – I hope it has a positive effect. It’s nothing earth-shattering, no panic button. Those guys had talked to me. I saw Josh (Forrest) in the building on Sunday, and we were just having a great conversation. Guys were good, in good spirits, and he just said he had a few things to talk to the team. Patrick (Towles) had class on Monday before our meeting, so they waited until Tuesday. Just wanted to talk to the team, so I don’t think it’s anything major or anything like that.”On if there’s anything different about Georgia’s offense this season compared to the last two years: “It’s hard for me to put a finger on it. Certainly when I watch them and I see them, I know we’ll have our hands full because they still have the physicality about them that you always identify with them offensively. Probably, I guess, quarterback would be the one thing that they probably would admit that changing quarterbacks – I’m not sure what they’re going to do this week. I would expect them to go back with Lambert, but anyway, I think the big thing that jumps at out me always is the running backs that they have. Big, physical, strong guys that are capable of ripping off big plays at any time. Any time you can run the ball it sets up some play action pass.”On what the loss of Boom Williams means to the team: “One of the guys we have that – that’s the issue when you’re playing a lot of these talented SEC teams: They still have some guys that can hit home run all the time. Boom was certainly one of the few guys that we have that we fill are complete game-changers and can hit the big play. Boom was a big-play guy for us, that we’re going to have to have somebody else step up.”On how he evaluates UK’s run defense: “It’s been a different style with the running quarterbacks the past couple weeks. It’s been a different style, but obviously it hasn’t been as good as we’d like it to be in any area. A lot of times it comes down to just making that tackle in the one-on-one situations. We’ll certainly need to improve this week heading into Georgia because their running backs are still very talented.On if Mikel Horton is back to 100 percent mentally, physically after injury South Carolina: “Yeah, I would hope he’s back at full strength and feeling good. He did struggle a little bit and you could tell mentally and physically he was a little off. But he seems back at full strength right now. And I’m anxious to see how he does this week because I thought he really filled in well last week when Boom went down. I’m anxious to see him be the guy this week, and get the bulk of the carries.”On Boom Williams’ status for Georgia game: “I’m not sure where he’s at. In my mind, we have to prepare like he won’t be available for the Georgia game, but we’ll see how the week progresses. I would still list him as doubtful for this week.”last_img read more