Buy and Sell for Free! Tuesday, April 11, 2000
fesub.gif (4328 bytes)
Full Story
 Intel IT update
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
e-tailing industry
-
 

Exide Corp president quits post, organisation revamp in the offing 

REUTERS  
New York, April 10: Automotive and industrial battery maker Exide Corp on Monday said its president and chief operating officer (COO), Alan Johnson, had resigned, and it was reorganising from a geographical to a more customer-focused structure.

Under the new structure, units will organize work by customer type rather than geography, and be more focused on improving operating performance and profitability, Exide said. ``This restructuring brings Exide a culture that is empowered, accountable, more nimble and more aggressive on a global basis. Our Global Business Units will have profit and loss responsibility for their industry segments, without national borders, while benefiting from shared staff services,'' Exide chairman and chief executive, Robert Lutz, said in a statement.

Exide said Lutz would assume the duties of president and chief operating officer on an interim basis following Johnson's resignation. ``Alan is returning to former employer Federal-Mogul, where he will assume considerably expanded duties and responsibilities,'' Lutz said. Federal-Mogul said in a statement Monday that Johnson was returning as executive vice-president for the Americas and Asia.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.