Delphi CEO Rodney O'Neal to Retire in March 2015
Black Enterprise Magazine September/October 2018 Issue

Rodney O'Neal (Image: File)

According to reports, Delphi Automotive Plc announced CEO Rodney O’Neal will retire from his post in March 2015. He will be succeeded by CFO Kevin Clark.

O’Neal, 61, joined GM in 1976 and has been Delphi’s CEO since 2007. He is credited with leading Delphi out of bankruptcy and has introduced innovations by focusing on emerging markets and emphasizing products such as fuel injection and active safety systems.

Noted as one of Black Enterprise’s “Most Power Black CEOs,” O’Neal will remain with Delphi as an adviser until the end of 2015, the former General Motors Corp. parts unit said in a statement. Clark, 52, becomes COO on Oct. 1 before taking the top job March 1.

“Delphi has been a leader in innovation and lean manufacturing practices and is now starting to see all of that shine through from an investor’s perspective,” Rich Hilgert, a Morningstar Inc. analyst in Chicago who rates the shares hold, said in an interview. “Rod continued that development and I’m sure Kevin will do the same. He knows where Delphi has its bread buttered.”

Mark Murphy, former head of industrial gases for Praxair Inc., will take the role of Delphi CFO, the company also reported.

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Janell Hazelwood

Janell Hazelwood is associate managing editor at Black Enterprise, managing content across core areas of Money, Career, Small Business and Technology. She is also a featured blogger with My Two Cents, providing insights on branding, millennial career development, employment trends and leadership. She was previously a content producer and copy editor for Black Enterprise magazine, working across several editorial sections. The Hampton University graduate got her start in the newspaper industry, having worked for companies including The New York Times and Scripps Howard News Service. Her works and insights have appeared on The Huffington Post, MadameNoire, E!Online, Brazen Careerist, CBS News, and Arise TV.