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8-K - FORM 8-K - TECUMSEH PRODUCTS CO | c23429e8vk.htm |
EX-99.2 - EX-99.2 - TECUMSEH PRODUCTS CO | c23429exv99w2.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: | Sandy Berry | |||
Tecumseh Products | ||||
734-585-9507 | ||||
Investor.relations@tecumseh.com |
Janice E. Stipp Joins Tecumseh Products Company
as Executive Vice President and Chief Financial Officer
as Executive Vice President and Chief Financial Officer
ANN ARBOR, Mich. October 18, 2011 Tecumseh Products Company (NASDAQ TECUA, TECUB), a
leading global manufacturer of compressors and related products, announced today that Janice E.
Stipp has been named executive vice president and chief financial officer, effective immediately.
Stipp has experience with manufacturing companies at the CFO level and as a strategic advisor.
Stipps background in finance makes her a great fit for this role said Jim Connor, Chief
Executive Officer. I am excited to welcome her to our team and look forward to her
contributions.
Stipp brings operational, financial and leadership skills to Tecumseh Products. As Chief Financial
Officer at various private equity firms since 2007, she was a key member of the senior management
team, developing strategic direction and tactical plans. Prior to 2007, Stipp spent over 20 years
in the automotive industry in various financial roles.
Stipp has her MBA from Wayne State University and is a Member of the American Institute of
Certified Public Accountants.
About Tecumseh Products Company
Tecumseh Products Company is a global manufacturer of hermetically sealed compressors for
residential and specialty air conditioning, household refrigerators and freezers, and commercial
refrigeration applications, including air conditioning and refrigeration compressors, as well as
condensing units, heat pumps and complete refrigeration systems. Press releases and other investor
information can be accessed via the Investor Relations section of Tecumseh Products Companys
Website at www.tecumseh.com.
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