Categories Interviews, Markets

Meritor names Carl Anderson as new Chief Financial Officer

Aftermarket auto parts maker Meritor (MTOR) on Wednesday announced that its Finance group VP Carl Anderson was appointed as the chief financial officer and a senior vice president, effective immediately.

Anderson enters the role as CFO Kevin Nowlan, who was also an SVP and the Trailer and Components president, resigned from the company.

Along with Anderson’s appointment, Joe Plomin was named a senior vice president and the president of Meritor’s Aftermarket & Industrial and Trailer group. He would also assume the added responsibility for the Trailer and Components businesses.

Meritor CEO Jay Craig expressed his confidence in the new appointments, and said that there would be a seamless transition for all its stakeholders.

“Carl has been a key member of our organization for the last 13 years and we are fortunate to have someone of his caliber step into the CFO role,” said the CEO.

“Joe’s deep knowledge of our business makes him ideally positioned to take on the additional responsibility of leading our Trailer and Components businesses. With our deep bench, leading market positions and talented employees, Meritor is strongly positioned to continue driving value for our shareholders,” he added.

 

 

Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top