Tenneco Automotive Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
December 10, 1999
TENNECO AUTOMOTIVE NAMES RICHARD J. SLOAN EXECUTIVE VICE PRESIDENT AND MANAGING DIRECTOR OF TENNECO AUTOMOTIVE EUROPE
LAKE FOREST, Ill.--(BUSINESS WIRE)--Dec. 10, 1999--Tenneco Automotive has announced it has named Richard J. Sloan, executive vice president and managing director of the company's European operations, reporting to Mark P. Frissora, president of Tenneco Automotive.
Sloan's duties will include full responsibility for the European business unit's P&L and management control of both original equipment and aftermarket operations. He will be based at the company's European headquarters in Brussels, Belgium.
Sloan was previously with United Technologies Automotive, a subsidiary of United Technologies Corp. recently acquired by the Lear Corporation. Serving 18 years with the company, he was most recently UT Automotive's worldwide president of the $500 million Automotive Interior Division and also served as president of United Technologies Automotive Europe. Prior to his long career at UT Automotive, he served in a variety of senior positions for the Chrysler Corporation.
"We are extremely pleased to have Dick Sloan join our team," said Frissora. "He is an experienced automotive executive with a strong financial background who has earned a reputation for building businesses and market share profitably."
Sloan holds a bachelor's degree in finance and an MBA from the University of Detroit.
Tenneco Automotive is a $3.2 billion manufacturing company headquartered in Lake Forest, Ill., with 24,000 employees worldwide. Tenneco Automotive is one of the world's largest producers and marketers of ride control and exhaust systems and products, which are sold under the Monroe(R) and Walker(R) global brand names. Among its products are Sensa-Trac(R) shocks and struts, Rancho(R) shock absorbers, Walker(R) Quiet-Flow(TM) mufflers and DynoMax(TM) performance exhaust products, and Monroe(R) Clevite(TM) vibration control components.