Incoming Westinghouse CEO resigns

The Westinghouse Electric Co. Board of Directors on April 3 said it accepted the resignation of Jim Ferland, previously announced as incoming president and chief executive officer (CEO) as of April 1, and that Chairman of the Board Shigenori Shiga would assume the role of president and CEO on an interim basis, effective immediately.

Shiga was appointed as the Board's chairman in 2010, and previously served as Toshiba's chief coordination officer since it acquired Westinghouse in 2006. Current Chief Operating Officer Ricardo Perez will maintain his current duties and assist Shiga during the search for a new president and CEO.

When called to provide more details, Westinghouse declined further comment.

Subscribe to Nuclear Power International magazine

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...