Federal-Mogul CEO Retires at the end of this month takes office in early April

Fraport Group, a parts supplier, announced that its current President and CEO José Maria Alapont (pictured left) will resign from his position on March 31 this year.

Rainer Jueckstock (pictured right), Senior Vice President of the Federal-Mogul Power Energy Business Unit, has been elected as the new CEO and will enter into force on April 1 this year. Meanwhile, Jueckstock will join the Federal-Mogul Board of Directors.

After the new CEO took office, Alapont will continue to remain on the Federal Republic of Macedonia’s board of directors until 2013, where Federal-Mogul will hold an annual general meeting of shareholders. During the company’s transition period, Alapont will serve as an advisor.

In addition, the Federal-Mogul Board of Directors decided to adjust the company's organizational structure, set up an independent aftermarket business unit and hired a headhunting company to recruit a CEO for the business unit.

Valve Part

Valve part is kind of pipeline fittings, which is used to open and close, control, adjust and control the flow of medium parameters (temperature, pressure and flow). According to its function, it can be divided into the cut-off valve, check valve, regulating valve, etc.
Valve is the control unit in fluid conveying system, having function of cut-off, regulation, guide, to prevent the reverse flow, voltage regulator, the leakage of the shunt or overflow and so on. Valve parts used in fluid flow control system, have quite a wide varieties and specifications, from the most simple cut-off valve to all kinds of valves used in extremely complex automatic control system.
The valve can be used to control air, water, steam, all kinds of corrosive medium, mud, oil, liquid metal and radioactive medium. According to the material, valve part is divided into iron valves, cast steel valves, stainless steel valves (201, 304, 316, etc.), chrome molybdenum steel valves, molybdenum chrome vanadium steel valve, dual phase steel valves, plastic valves, non-standard custom-made valves, etc.

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