Delphi hires Federal-Mogul´s Miller as CEO, chairman

Troy, Michigan –Delphi Corp. has hired Robert “Steve” Miller to be its second chairman and CEO effective July 1, replacing the retiring J.T. Battenberg III.

Miller, 63, is known as a turnaround expert, having most recently led Federal-Mogul Corp. during a Chapter 11 reorganisation. He has resigned from the Federal-Mogul board and will reduce his outside board activity to two companies. He´s also a former vice chairman of Chrysler Corp.

Miller will receive a $3 million signing bonus and a base salary of $1.5 million. He also…

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