UPDATE 4-Delphi names turnaround specialist as CEO

Newswire

(Recasts with comment from incoming CEO, updates stock) By David Bailey CHICAGO, June 23 (Reuters) - Financially troubled U.S. auto parts supplier Delphi Corp. on Thursday named turnaround specialist Robert "Steve" Miller chairman and chief executive effective July 1 to accelerate its restructuring. Miller, 63, will stay only long enough to address Delphi's troubles, mainly caused by high wage and benefit costs in North America inherited in its spin-off from General Motors Corp. in ...

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