Delphi board names Thomas S. Timko as chief accounting officer

By Caroline Salls

Pittsburgh, Aug. 15 - Delphi Corp.'s board of directors named Thomas S. Timko as chief accounting officer, effective with the filing of its first-quarter 10-Q on Tuesday, according to a company news release.

Before joining Delphi, Timko was an assistant controller for The Interpublic Group of Cos.

Timko will report to Bob Dellinger, Delphi chief financial officer.

"Tom's energy, along with his rich experience and extensive knowledge in financial accounting, will be integral to Delphi as we continue our reorganization process, while addressing our internal control deficiencies and implementing a shared services environment," Dellinger said in the release.

Timko joined Delphi in June as controller and has been working with John Sheehan, Delphi's former chief accounting officer, to transition responsibilities.

Sheehan will remain as vice president and chief restructuring officer for Delphi.

According to the release, Timko is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

In 1991, he received a bachelor's degree in accounting from Fairleigh Dickinson University.

Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 05-44481.

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