Whirlpool Corporation announced that Larry Venturelli, executive vice president and chief financial officer plans to retire from the company in early 2017 after 15 years of service to the company. As part of the planned transition, Venturelli will remain in his current capacity until August 1, 2016, at which time Jim Peters, currently vice president, corporate controller, and chief accounting officer, will succeed Venturelli as executive vice president and chief financial officer of Whirlpool Corporation. was appointed vice president, corporate controller, and chief accounting officer in early 2015 previously having served Vice President, CFO of Whirlpool Corporation’s North American Region since 2010. As CFO for an organization of over 300 people, Peters was responsible for financial reporting and internal controls as well as delivering the overall North American business results.
He also oversaw all regional operational/strategic planning, budgeting, and forecasting activities. Peters joined Whirlpool in 2004, holding director positions in various departments until he was appointed as vice president and CFO of Whirlpool EMEA (Europe, Middle East, and Africa) region in 2008.