09/04/2024 | Press release | Distributed by Public on 09/04/2024 15:06
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously announced, Matteo Anversa, Executive Vice President of Finance, Chief Financial Officer and Treasurer of Gentherm Incorporated (the "Company"), and serving as the Company's principal financial officer, notified the Company on August 5, 2024 of his decision to resign from such position effective September 1, 2024 to pursue another opportunity.
Appointment of Interim Chief Financial Officer
On September 1, 2024, the board of directors of the Company (the "Board") appointed Phillip Eyler as Interim Chief Financial Officer of the Company, effective as of September 1, 2024. Mr. Eyler also will continue to serve as President and Chief Executive Officer of the Company, as well as on the Company's Board, which positions he has held since December 2017. Mr. Eyler will be the Company's principal financial officer during his interim service and will continue to be the Company's principal executive officer. Mr. Eyler also serves as an independent board member for Sleep Number Corporation (Nasdaq: SNBR) and Sensata Technologies Holding plc (NYSE: ST).
The Board is continuing to conduct a formal search process for a permanent Chief Financial Officer with the assistance of a leading executive search firm.