Westinghouse executive quit for top job at North Carolina firm
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The former Westinghouse Electric Co. executive who was supposed to be the nuclear energy firm's new chief executive officer has been named president and chief executive officer of the Babcock & Wilcox Company, an energy technology firm in North Carolina that also has a substantial nuclear portfolio.
Jim Ferland was scheduled to become chief executive of Cranberry-based Westinghouse on April 1. But he resigned from the company over the weekend. He starts at Babcock & Wilcox in Charlotte on April 19.
Westinghouse board chairman Shigenori Shiga was appointed president and CEO of the firm on an interim basis.
The board now will consider candidates for the CEO job. Chief operating officer Ricardo Perez is a candidate, Westinghouse spokesman Scott Shaw said.
Mr. Ferland had served as president of the Americas region at
Westinghouse before it was announced he'd take the top job when
former CEO Aris Candris retired at the end of March.
First Published April 4, 2012 9:36 am