Faurecia Names New President for North America

Faurecia SA has named Mark Stidham to become president of its North American unit, effective March 1.

Stidham, 58, currently is president of the unit's emissions control technologies division. He will succeed Mike Heneka, 67, who is retiring.

Under Heneka's eight-year reign as president, Faurecia North America doubled in size and revenue tripled to $6.3 billion. The company opened a $30 million regional headquarters in suburban Detroit last summer.