Gentherm Inc. (NASDAQ:THRM), a global market leader in thermal management technologies, has announced a significant change in its Asia Automotive division's leadership.
As of Monday, the company disclosed the departure of Hui (Helen) Xu from her role as Senior Vice President and General Manager, Asia Automotive. The transition follows the completion of her foreign secondment assignment.
Xu's tenure as a non-executive employee will extend until December 31, 2024, to facilitate a smooth transition of her duties. She is eligible for severance benefits as per the company's Severance Pay Plan, contingent upon her continued employment through the end of the year and other conditions, including the signing of an irrevocable general release of claims.
Simultaneously, announced the promotion of Leo Wang to General Manager, Asia Automotive, effective December 14, 2024. Wang, who has been with Gentherm since 2022, previously held the position of Country Manager, China. His promotion is part of a planned succession process, and he brings a wealth of experience from his past roles in engineering, sales, program management, and general management in the automotive industry.
Prior to joining Gentherm, Wang served in various capacities at Garrett Motion Inc. (NASDAQ: NASDAQ:GTX), including as General Manager of China PV Gasoline Boosting System, where he was responsible for profit and loss. He has also worked for Eaton (NYSE:ETN) Vehicle Group and Shanghai Automotive Brake System. Wang holds a Master of Science in Mechanical Engineering from Shanghai University and an MBA from Shanghai Jiaotong University, China, and KEDGE Business School, France.
The news above is based on an SEC filing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.