NEW YORK (AP) — Delphi Automotive, which exited bankruptcy protection last month, says it has created a new board that will be led by former DuPont Chairman John Krol.
The Troy, Mich., auto parts supplier has also tapped General Motors executive Gary Cowger for a seat. Cowger, 62, serves as GM's group vice president of global manufacturing and labor relations but plans to retire from the company on Dec. 1.
Delphi said Wednesday the remainder of the board will be filled with individuals from a variety of fields, including those experienced in electronics, finance and automotive manufacturing and supply.
Delphi left bankruptcy protection in October, almost four years after its filing. Delphi emerged as a new company after completing a deal with its lenders and receiving a promise for billions in loans from GM.
©2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
