BENTON HARBOR, Mich.,
Oct. 21, 2015 /PRNewswire/ -- Whirlpool Corporation
(NYSE: WHR) announced today the promotion of Marc R. Bitzer to the position of President and
Chief Operating Officer. In this new role, Bitzer will be
responsible for all global operations. Bitzer has also been
appointed to the Whirlpool Board of Directors. These changes are
effective immediately.
Whirlpool Chairman and CEO, Jeff M.
Fettig said, "Marc is an exceptional leader at Whirlpool
Corporation with broad global experiences and unique qualifications
to assume his new position. Marc has consistently
demonstrated that he is an outstanding leader who has delivered
strong results in his previous roles in both North America and Europe. During the past year he and our
European team have done an excellent job in integrating our major
acquisition in Europe."
Fettig further said, "I have great confidence in Marc's ability
to lead our global operations in driving both growth and value
creation across our operations and advancing the company's strategy
with our global leadership team."
Bitzer was named vice chairman in November 2014, with accountability for the
company's North American and European businesses. Prior to
this assignment, he served as president of Whirlpool North America
(NAR) and Whirlpool Europe, Middle
East and Africa (EMEA).
Bitzer joined Whirlpool Europe in 1999 as Vice President, of
the company's Bauknecht brand group. He became Senior Vice
President of Marketing Sales and Services for Whirlpool Europe in
2000, and was named President of Whirlpool Europe in January 2006.
Before joining Whirlpool Europe, Bitzer worked for eight years
at the Boston Consulting Group in Munich and Toronto, and was named vice president in 1999.
Bitzer earned both his MBA and doctorate from the St. Gallen
Graduate School of Business, Economics and Law in Switzerland.
Whirlpool Corporation also announced today that Vice Chairman
Michael A. Todman will begin his
planned retirement at the end of the year after 22 years of service
to the company. Todman was appointed to his current role in
November 2014. He has been
responsible for leading the acquisition and integration of
Hefei Sanyo in China, as well as leading operations
throughout Asia, Latin America, and Global Information
Systems.
"Mike Todman has been a key
leader and has played an integral part of all the positive changes
within our company during the past 22 years," said Fettig.
"He has either directly run, or had responsibility for, all
of our regional businesses in the world during his tenure at
Whirlpool Corporation. Mike has been instrumental in the
expansion of our global enterprise and the growth of our brand
portfolio enabling us to be the number one appliance maker in the
world. In addition, Mike has personally developed and
mentored the strong succession of leaders we have in the business
today."
Todman began his career with Whirlpool in 1993, joining
Whirlpool's U.K. market as Finance Director. During his
tenure, he provided leadership in a number of roles at Whirlpool
including Senior Vice President of Sales and Marketing for
Whirlpool North America; Vice President of Sears Sales and
Marketing for Whirlpool North America; Vice President of Product
Management for Whirlpool North America; Controller for Whirlpool
North America; and Vice President of Consumer Services for
Whirlpool Europe.
Prior to joining Whirlpool, Todman held a variety of leadership
positions at Wang Laboratories Inc., and Price Waterhouse and Co.
Todman currently serves on the board of directors of
Newell-Rubbermaid and Brown-Forman Corporation. He also served on
the board of directors of Georgetown
University and the Economic Club of Southwestern Michigan. He is also a member of
the Loyola University Council of
Regents.
About Whirlpool Corporation
Whirlpool Corporation
(NYSE: WHR) is the number one major appliance manufacturer in the
world, with approximately $20 billion
in annual sales, 100,000 employees and 70 manufacturing and
technology research centers throughout the world in 2014. The
company markets Whirlpool, KitchenAid, Maytag,
Consul, Brastemp, Amana,Bauknecht,
Jenn-Air, Indesit and other major brand names in more
than 170 countries. Additional information about the company can be
found at WhirlpoolCorp.com, or find us on Twitter at
@WhirlpoolCorp.
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SOURCE Whirlpool Corporation