Gentherm Announces Reorganization of Global Reporting Structure

Gentherm THRM, the global market leader and a developer of innovative thermal management technologies, announced today the reorganization of its global reporting structure to reflect the integration of its subsidiary, W.E.T. Automotive Systems AG. "Today we are implementing several changes that fully integrate all of our employees worldwide into a single reporting structure.  With this, we have completed a key step in creating the company we envisioned when the two companies first began talking," President and Chief Executive Officer Daniel R. Coker said.  "Gentherm now has an expanded global presence with world-class engineering, manufacturing, marketing and advanced development resources in place that position us to be the premier supplier of advanced thermal technologies to the automotive and other markets we serve.  We have additional new products to offer our current customers, and we are developing innovative technologies to enter new markets." See full press release