Whirlpool Corporation (Benton Harbor, Michigan, U.S.) said Michael A. Todman, currently president of Whirlpool International, is being named president, Whirlpool North America. Todman replaces David L. Swift who resigned as president, Whirlpool North America and as a member of the company's board of directors.
Paulo F.M.O. Periquito, currently executive vice president Whirlpool Corporation and president, Whirlpool Latin America, is being promoted to the position of president, Whirlpool International, succeeding Todman.
"Mike Todman is an experienced global leader with a strong track record of performance in leading major parts of our global business," said Jeff M. Fettig, Whirlpool chairman and CEO. "He has previous experience running our North American, European, and International businesses and is an outstanding leader.
"Paulo Periquito's experience and success in profitably growing our Latin American business make him an ideal fit to help fully leverage our global operations, and continue to accelerate the positive growth momentum we have in all of our international businesses," Fettig said. "Paulo is an exceptional leader who will add great value to all of our international businesses."
"Dave Swift has contributed a great deal to our company during his five and a half years at Whirlpool Corporation. Dave played a critical leadership role in overseeing the successful integration of the Maytag business into our company. Given that this integration is now largely complete, I respect Dave's decision to now pursue his long-term career aspirations outside of our company," Fettig said.
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