NORTHVILLE, Mich. – Gentherm (NASDAQ:), a leader in thermal management and pneumatic comfort technologies for the automotive sector and medical patient temperature management systems, has announced the appointment of Jonathan Douyard as Executive Vice President, Chief Financial Officer, and Treasurer, effective January 1, 2025. Douyard will oversee the company’s finance, treasury, investor relations, and IT operations, reporting to the incoming President and CEO, Bill Presley.
The appointment follows the departure of former CFO Matteo Anversa in September 2024, who left to join Logitech (NASDAQ:) International. Douyard brings over 25 years of global finance experience to Gentherm, including roles at The Shyft Group, Fluke Corporation, United Technologies (NYSE:), and General Electric (NYSE:).
Phil Eyler, the current President and CEO of Gentherm, expressed confidence in Douyard’s ability to contribute to the company’s profitable growth and commitment to shareholder value. Douyard himself stated his enthusiasm for joining Gentherm and emphasized his focus on financial excellence and operational efficiency to sustain growth.
Douyard’s previous tenure as CFO at The Shyft Group, where he played a significant role in driving financial performance and managing merger and acquisition activities, positions him as a strategic addition to Gentherm’s leadership. His background also includes significant financial leadership positions at United Technologies’ Sikorsky Aircraft division and GE.
Gentherm, with over 14,000 employees worldwide, is known for its automotive products such as Climate Control Seats and battery performance solutions, as well as medical products for patient temperature management. The company continues to develop new technologies for existing and new market applications.
This announcement is based on a press release statement issued by Gentherm Inc. The forward-looking statements in the release are based on current management expectations and are subject to risks and uncertainties that could cause actual results to differ materially.
In other recent news, Gentherm, a global leader in thermal management technologies, reported a strong performance in its second quarter of 2024 earnings call. Despite challenging market conditions, Gentherm secured $1.8 billion in new automotive business awards year-to-date, with a record $600 million in new business awards and a 46% revenue increase in its lumbar and massage solutions in Q3. The company…
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