Federal-Mogul Appoints Jerome Rouquet As Chief Financial Officer

Federal-Mogul Holdings Corp. announced that Jerome Rouquet has been appointed senior vice president and chief financial officer (CFO) of Federal-Mogul Holdings Corp., effective immediately. Rouquet will report directly to Dan Ninivaggi, Federal-Mogul co-CEO, and CEO Federal-Mogul Motorparts, and Rainer Jueckstock, Federal-Mogul co-CEO, and CEO Federal-Mogul Powertrain. In addition to assuming the new corporate CFO responsibilities, Rouquet will continue in his role as senior vice president, finance of the Motorparts division. ¡°Jerome is an essential member of Motorparts¡¯ management team, supporting our growth and transformation, with the strategic insight and financial counsel required to successfully execute our plans globally,¡± stated Ninivaggi. ¡°Rainer and I are pleased to have Jerome in this critical role.¡± Rouquet will replace Raj Shah, senior vice president and CFO, Federal-Mogul Holdings Corp., who today announced his retirement. ¡°Since joining the company in December 2013, Raj¡¯s contributions have been considerable, especially the financial guidance and expertise he provided while we operationally segmented our two divisions,¡± said Jueckstock. ¡°We thank him for his leadership and direction during such a pivotal building time for our business.¡±