HOME

TheInfoList



OR:

Jeff M. Fettig (born 1957) is an American businessman. He is the former chairman and chief executive officer of the
Whirlpool Corporation The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Fortune 500 company has annual revenue of approximately $21 billion, ...
and serves on the board of directors for Dow Inc., the
Indiana University Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana Universi ...
Foundation, and is a PGA REACH Trustee.


Early life

Fettig was born in 1957. He grew up on a farm in
Tipton, Indiana Tipton is a city in and the county seat of Tipton County, Indiana, United States. The population was 5,106 at the 2010 census. It is part of the Kokomo, Indiana Metropolitan Statistical Area. It was named after John Tipton, a politician. Histor ...
with eight siblings. He graduated
Indiana University Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana Universi ...
, where he earned a bachelor of science in finance in 1979 and a master in business administration from its
Kelley School of Business The Kelley School of Business (KSB) is an undergraduate and graduate business school at Indiana University in Bloomington, Indiana and Indianapolis, Indiana, United States. , approximately 7,500 full-time undergraduate and graduate students are ...
in 1981.


Career

Fettig joined the Whirlpool Corporation as a marketing management trainee in 1981. He was its executive vice president and the president of Whirlpool Europe and Asia, from 1994 to 1999, then its president and chief operating officer, from 1999 to 2004. Fettig was chairman and CEO, from 2004 to 2018, earning $14.4 million in 2010, and $7.33 million in 2012, and resigning from Whirlpool as of December 31, 2018."Whirlpool Corporation’s Chairman Jeff M. Fettig to Retire From Company", Whirlpool Corporation, Dec 17, 2018.
/ref> Fettig has served on the board of directors of the Dow Chemical Company since 2003. He is a member of the Business Leaders for Michigan. He serves on the board of governors of the
Boys and Girls Clubs of America Boys & Girls Clubs of America (BGCA) is a national organization of local chapters which provide voluntary after-school programs for young people. The organization, which holds a congressional charter under Title 36 of the United States Code, h ...
. In April 2017, Fettig was criticized by François Ruffin for planning to close down a Whirlpool factory in
Amiens Amiens (English: or ; ; pcd, Anmien, or ) is a city and commune in northern France, located north of Paris and south-west of Lille. It is the capital of the Somme department in the region of Hauts-de-France. In 2021, the population of ...
, France and opening a new one in Poland, where salaries are lower, while raising shareholder dividends by 10%. The factory closure became an issue in the
2017 French presidential election The 2017 French presidential election was held on 23 April and 7 May 2017. As no candidate won a majority in the first round, a Two-round system, runoff was held between the top two candidates, Emmanuel Macron of La République En Marche!, En Ma ...
, with Marine Le Pen and Emmanuel Macron visiting the factory before the second round. In October 2017, Fettig was succeeded as CEO by Marc Bitzer; however he kept his role as chairman of Whirlpool, until the end of 2018.


Personal life

Fettig resides in
St. Joseph, Michigan St. Joseph, colloquially known as St. Joe, is a city and the county seat of Berrien County, Michigan. It was incorporated as a village in 1834 and as a city in 1891. As of the 2010 census, the city population was 8,365. It lies on the shore o ...
. He is a political contributor to the Republican Party.


References

{{DEFAULTSORT:Fettig, Jeff M. Living people People from Tipton, Indiana People from St. Joseph, Michigan Kelley School of Business alumni Businesspeople from Michigan American chief executives American chairpersons of corporations Directors of Dow Inc. Whirlpool Corporation people 1957 births