Gentherm Announces Laura Kowalchik as New Independent Director
December 06 2023 - 8:00AM
Gentherm (NASDAQ: THRM), the global market leader of innovative
thermal management and pneumatic comfort technologies for the
automotive industry and a leader in medical patient temperature
management systems, today announced that Laura Kowalchik has been
appointed to the Company’s Board of Directors, effective December
1, 2023.
Kowalchik is the Chief Financial Officer of Communications &
Power Industries LLC (“CPI”), a global manufacturer of electronic
components and subsystems primarily within the communications and
defense markets, where she oversees the finance and accounting
departments and is actively involved in strategy, M&A and
restructuring activities. Prior to joining CPI, Kowalchik served as
the Chief Financial Officer of Dayco Incorporated, a global
manufacturer and distributor of engine drive systems and
aftermarket services for automotive, heavy-duty, and industrial
markets. Before Dayco, she served as the Chief Financial Officer of
Kenwal Steel Corp., a flat rolled steel service center primarily
for the automotive industry. Kowalchik served as the Chief
Financial Officer and Treasurer of Urban Science, a global
automotive consultancy and technology firm, prior to joining Kenwal
Steel, where she was responsible for transforming the finance
organization.
“On behalf of the Board, I am happy to welcome Laura to
Gentherm,” said Ronald Hundzinski, Chair of the Board
of Gentherm. “Laura is an accomplished executive across all
aspects of finance who brings invaluable skills and expertise as
our newest Board member.”
“Laura is a significant addition to the Board, where she has a
proven record of leading finance, governance, operations, M&A
and information technology matters for global companies across
various industries, including automotive, which will benefit the
Board’s oversight of key growth strategies,” said Phil Eyler,
President and CEO of Gentherm. “I look forward to the wealth of
experience and diverse perspective Laura brings to the Board.”
Kowalchik currently serves on the Board of Trustees of The
Children’s Foundation, and its Finance and Audit Committee. She has
a Bachelor of Science in Business Administration from the
University of Richmond and a Master of Business Administration from
Indiana University.
Investor ContactYijing
Brentanoinvestors@gentherm.com248.308.1702
Media ContactMelissa
Fischermedia@gentherm.com248.289.9702
About GenthermGentherm (NASDAQ: THRM) is the
global market leader in innovative thermal management and pneumatic
comfort technologies for the automotive industry and a leader in
medical patient temperature management systems. Automotive products
include variable temperature Climate Control Seats, heated
automotive interior systems (including heated seats, steering
wheels, armrests, and other components), battery performance
solutions, cable systems, lumbar and massage comfort solutions,
valve system technologies, and other electronic devices. Medical
products include patient temperature management systems. The
Company is also developing a number of new technologies and
products that will help enable improvements to existing products
and to create new product applications for existing and new
markets. Gentherm has more than 14,000 employees in facilities in
the United States, Germany, China, Czech Republic, Hungary, Japan,
Malta, Mexico, North Macedonia, South Korea, United Kingdom,
Ukraine, and Vietnam. For more information, go to
www.gentherm.com.
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