**Gentherm Implements Succession Plan for Asia Automotive General Manager; Leo Wang Promoted****

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Gentherm Incorporated (NASDAQ: THRM) revealed in an 8-K filing on December 13, 2024, that the company has initiated a planned succession process for the position of General Manager, Asia Automotive. Hui (Helen) Xu has concluded her foreign secondment assignment in this role, leading to her termination as the Senior Vice President and General Manager, Asia Automotive, effective December 13, 2024. Xu is expected to continue as a non-executive employee until December 31, 2024, ensuring a smooth transition of responsibilities.

Gentherm is pleased to announce the promotion of Mr. Leo Wang as the successor to Ms. Xu. Effective December 14, 2024, Wang, who currently serves as the Company’s Country Manager, China, will assume the role of General Manager, Asia Automotive. Wang brings a wealth of experience to his new position, having joined Gentherm in 2022 and demonstrating expertise in various automotive fields, including engineering, sales, program management, and general management.

Before joining Gentherm, Wang held roles of increasing responsibility at Garrett Motion Inc., most recently serving as General Manager of China PV Gasoline Boosting System. Wang’s academic background includes a Master of Science in Mechanical Engineering from Shanghai University and an MBA from Shanghai Jiaotong University, China, and KEDGE Business School, France.

The Company disclosed these changes in its Form 8-K, citing the importance of a seamless leadership transition. The filing also included information about Ms. Xu’s eligibility for severance benefits as outlined in the Severance Pay Plan for Eligible Employees.

It is essential to note that the content of the filing is for informational purposes only and does not signify a direct or implied solicitation to buy or sell securities. Furthermore, any forward-looking statements are subject to various risks and uncertainties, as highlighted in the mentioned document.

The Company’s strategic decision to promote Mr. Wang signifies its commitment to effective succession planning and ensuring continuity in key leadership positions.

This new development marks a significant organizational change within Gentherm as it continues its operations in the automotive sector.

**About Gentherm Incorporated:**

Gentherm is a leading global developer and marketer of innovative thermal management technologies for a broad range of heating, cooling, and temperature control applications. With a focus on advanced automotive solutions, the Company aims to enhance comfort and efficiency in vehicles worldwide.

*Please refer to the original 8-K filing for comprehensive details and context regarding Gentherm’s recent executive changes.*

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Gentherm’s 8K filing here.

About Gentherm

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.