MARTIN FISCHER TO SUCCEED PATRICK KOLLER AS CEO OF FORVIA, EFFECTIVE MARCH 1, 2025 [Yahoo! Finance]
BorgWarner Inc. (BWA)
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Source: Yahoo! Finance
Following its Board of Directors meeting held on December 2, FORVIA announces that CEO Patrick Koller will step down on March 1, 2025 and will be succeeded by Martin Fischer, previously member of the Management Board of the ZF Group. Martin Fischer, 54-year-old, has over 25 years' experience in the global automotive industry where he held several executive positions in leading suppliers in Europe and in the United States (see biography at the end of the document). To ensure the transition of responsibilities, Martin Fischer is appointed by FORVIA's Board of Directors as Deputy CEO starting December 6, 2024, before assuming the position of CEO on March 1, 2025. Patrick Koller will remain on FORVIA's Board of Directors until the end of his mandate at the Annual General Meeting of the Group on May 28, 2025. At this date, the Board of Directors will recommend to the shareholders to approve the appointment of Martin Fischer to serve as Board Member. Michel de Rosen, Chairman of th
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- BorgWarner Inc. (NYSE: BWA) had its price target lowered by analysts at Wells Fargo & Company from $42.00 to $40.00. They now have an "overweight" rating on the stock.MarketBeat
- BorgWarner Inc. (NYSE: BWA) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $41.00 price target on the stock.MarketBeat
BWA
Earnings
- 10/31/24 - Beat
BWA
Sec Filings
- 11/29/24 - Form 4
- 11/27/24 - Form 144
- 11/18/24 - Form 4
- BWA's page on the SEC website