This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tecumseh Products Company Announces Appointments Of Chief Restructuring Officer And Executive Vice President Of Operations

ANN ARBOR, Mich., March 4, 2014 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECUA/TECUB), a leading global manufacturer of compressors and related products, announced today that Igor Popov will be joining our organization as Chief Restructuring Officer.  Mr. Popov has successfully served in the CRO role in the past and brings to the Company this valuable experience, operational insight and vision for a business turn around at Tecumseh. Mr. Popov will have a dual reporting relationship to Jim Connor, Tecumseh's President and Chief Executive Officer as well as directly to the Board of Directors.

"I am delighted that Igor has joined us," commented Jim Connor, Tecumseh's President and CEO.  "Igor accepted this full time executive role following a brief consulting engagement with Tecumseh, during which time he proved his ability to develop and a lead our global turnaround effort."

Also joining the Company is Jerry Mosingo as Executive Vice President of Operations.  Mr. Mosingo will report directly to Mr. Popov and have responsibility for all plant Operations and Quality worldwide.  He has extensive experience in Operations having held this responsibility at numerous multi-national companies in the past.

Commenting for the Board of Directors, Gary Cowger added, "Bringing Igor on as CRO and strengthening our operations leadership team with Jerry is a great start to returning Tecumseh to sustained profitability.  Structuring Igor's reporting responsibility to both Jim and the Board of Directors facilitates the many board-level decisions that will be required during the turn around and avails Igor to the significant operations and turn around experience now represented on our board."

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 Company's Website at

Contact:  Janice Stipp                   Tecumseh Products Company                 734-585-9507         

SOURCE Tecumseh Products Company

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs