“The Board is pleased to welcome Mike to Federal-Mogul and we look forward to his strong leadership in establishing an independent aftermarket division that leverages the company’s premium products and leading brands to drive growth and strong customer loyalty,” said Carl C Icahn, chairman of Federal-Mogul’s board of directors.
Broderick has 20 years of experience in the automotive aftermarket at two of the world’s largest aftermarket parts and service products distributors. He was most recently president of CARQUEST, a leading automotive aftermarket distributor.Federal-Mogul’s aftermarket business is one of the largest independent global suppliers of automotive parts, with global sales of US$2.3 billion in 2011.