Periquito to step down as Whirlpool International president

BENTON HARBOR, Mich. Whirlpool announced that Paulo Periquito will complete his duties as president of Whirlpool International, on Dec. 31, while continuing to serve as chairman of the board of directors of Whirlpool S.A. (Whirlpool Latin America) until his planned retirement from Whirlpool Corporation on April 30, 2010.

"Paulo Periquito will leave his role with an impressive list of accomplishments for Whirlpool Corporation during his 14-year career," said Jeff Fettig, Whirlpool chairman and CEO. "Through his direction, the company's Latin America Region has grown significantly and expanded its leadership position. He also led the company's international businesses in Europe and Asia and effectively instilled disciplined management processes throughout the company. Notably, Paulo also grew a generation of leaders, ensuring a smooth transition and continuity of leadership."

Periquito was named president, Whirlpool International in 2007. He joined the company in 1996 as president of the appliance business in Brazil and was named EVP Whirlpool Corp. and president of Whirlpool Latin America, in 1997.