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Exide Technologies has announced the appointment of Lou Martinez as EVP and CFO.

Martinez will report to Tim Vargo, chairman, president and CEO and will lead the company’s global Finance, Accounting, Internal Audit, Investor Relations, Treasury and Risk Management functions from Exide’s global headquarters in Milton, Georgia.

Martinez succeeds Tony Genito, who is retiring from Exide.

“Lou has been a key member of our Corporate Finance team for the past 14 years and I am pleased to announce his well-deserved promotion to the CFO role,” said Vargo. “I would also like to thank Tony for his contributions to the company over the past four years and wish him well in his retirement.”

Martinez joined Exide in 2005 and most recently held the position of chief accounting officer and corporate controller. Prior to that, he served as corporate controller for AirGate PCS, Cotelligent and Aegis Communications Group.

Martinez currently serves on the board at Prism of Georgia, a non-profit organisation, which serves adults with developmental disabilities.

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By GlobalData