Business Services Industry

Week In Review.(briefs)

Crain's Detroit Business, April, 2005

Delphi: No more changes in top management Delphi Corp.'s top executives may be off the hook in an accounting scandal that resulted in the departure of two top finance executives last month, according to Automotive News, a sister publication of Crain's Detroit Business. According to a statement from Delphi's independent audit committee filed with the U.S.

Securities and Exchange Commission, its internal investigation "continues to review the conduct of certain lower and midlevel executives.'' But it believes that no more changes will be necessary among its "top management.'' The company is preparing to present those findings to SEC investigators, said Delphi spokeswoman Claudia Baucus. Former CFO Alan Dawes resigned this year after the Delphi board said...

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