Undated (AP) _ Maytag Corp. said Friday that John P. Cunningham Jr., an IBM executive of 30 years, has been named executive vice president and chief financial officer, succeeding Jerry A. Schiller who is retiring.

Cunningham's most recent position at IBM was vice president and assistant general manager for the mainframe division.

He has also been a member of IBM's Europe executive committee in Paris and president and corporate controller at IBM's headquarters in New York.

Newton, Iowa-based Maytag has 21 appliance manufacturing operations in seven countries and approximately 21,000 employees worldwide.