MSD Ignition, a manufacturer of aftermarket performance ignition systems, is pleased to announce that Russell Stephens has been promoted from V.P. sales and marketing to senior vice president, marketing and development. Additionally, Fred Petrivelli has been promoted from general manager to V.P. sales and marketing. Under the new structure, Russell will continue to oversee the entire sales and marketing departments as well as the research & development department. “I look forward to coordinating the wishes of the marketing team with the talent of our research and development program so that MSD continues to offer the cutting-edge products that our customers demand,” stated Russell. Fred echoed Russell in saying: “We’ve got a great team here at MSD and I’m looking forward to the challenges ahead.” Jim Beltrame, MSD’s president stated: “I believe this new structure will further facilitate the achievement of our mission which is to maintain MSD Ignition as the premier company providing electronic systems and products to the performance motorsport consumer worldwide.” El Paso, Texas based MSD Ignition is used in everything from NASCAR, NHRA and IHRA drag racing, SCORE off-road racing, World of Outlaw sprint cars and a host of other motorsports. MSD has been a portfolio company of ValueAct LLC of San Francisco since April 2005.