Whirlpool Corporation has announced that Shengpo (Sam) Wu, Executive Vice President and President, Whirlpool Asia, will retire from his role effective April 1, 2022. Wu, who joined Whirlpool Corporation in 2017, will continue to serve in an advisory role and will remain the Vice-Chairman of Whirlpool China Co. Ltd. Upon Wu's retirement, Jim Peters, Executive Vice President and CFO of Whirlpool Corporation, will assume responsibility for Whirlpool Asia, in addition to his current role. "On behalf of our global employee base, I want to thank Sam for his many contributions and leadership over the last several years, especially for his leadership of Whirlpool Asia," said Marc Bitzer, Chairman and CEO, Whirlpool Corporation. "Sam's commitment to the Asian region has enabled us to further drive brand and product leadership and operational excellence in the region during a pivotal time. We wish him well in retirement." Wu joined Whirlpool Corporation in February
/PRNewswire/ Whirlpool Corporation (NYSE: WHR) announced today that Shengpo (Sam) Wu, Executive Vice President and President, Whirlpool Asia, will retire.
After over eight months of antitrust clearance by regulators in the United States, Brazil, Germany, Turkey, Austria, Colombia and other countries, Guangdong Galanz Household Appliances Manufacturing Co Ltd, announced it had made a partial tender offer for unlimited circulating shares held by all shareholders of Whirlpool (China) Co during the term of the offer.