Tenneco’s board of directors appointed Jason Hollar as chief financial officer as of July 1, 2018.
He’ll succeed Ken Trammell, executive vice president, as part of a planned succession. With the recent Federal-Mogul transaction, Trammell will extend his retirement date and step down as CFO but continue in a broader leadership role on the transaction through closing and preparation for the separation into two stand-alone companies.
“On behalf of the entire Tenneco team, I thank Ken for his service and his many contributions during his 22-year career with Tenneco,” said Brian Kesseler, chief executive officer. “He has served as Tenneco’s chief financial officer since 2003, playing a key leadership role during a long span of growth and transformation in the business.
“Ken’s tremendous experience and deep expertise will help ensure a successful closing and the subsequent launch of two new companies.”
Hollar joined Tenneco in 2017 as senior vice president of finance, having previously served as CFO for Sears Holding Corporation. Prior to Sears, Hollar worked with Delphi Automotive and Navistar in a number of senior finance roles. His experience includes serving as Delphi’s corporate controller and as vice president of finance for Delphi’s powertrain systems division, including oversight for the Europe, Middle East and Africa region.
At Navistar, he held positions of increasing responsibility including in the company’s engine group, South America operations, corporate financial planning and analysis, and as chief financial officer for Navistar’s military/defense subsidiary.
“I look forward to working with Jason in his new role as CFO,” Kesseler said. “Since joining Tenneco, his leadership and skills have expanded the capabilities of our global finance function, at a time when we have the opportunity to accelerate growth and create greater shareholder value.”