According to foreign media reports, BergWarner has appointed a new chief operating officer and plans to restructure its business unit, both of which will take effect on July 1.
Source: BergWarner, BergWarner has promoted Joseph Fadool, 57, to executive vice president and chief operating officer, who was previously held by the current president and CEO Fr é d é ric Lissalde.
Fadool started working at BergWarner 10 years ago after serving as vice president and president and general manager of the company’s emissions, thermal and turbocharging systems division.
Michelle Collins, director of global marketing and public relations at BergWarner, said the decision to appoint Fadool as chief operating officer was “a natural evolution of the company’s leadership structure”.
“Joseph Fadool is very familiar with the organizational structure of the company and knows a lot about the development and commercialization of technology, so he is an ideal candidate for the position of chief operating officer,” says Lissalde.
Fadool will report directly to Lissalde in the future.
Collin mentioned that Joseph Fadool will be in charge of the company’s operations, keep in touch with the business unit president who reported to him, and will promote BergWarner’s “cost management, expand the market.
” According to information released by BergWarner, the company’s new business unit structure is related to the appointment of Fadool as chief operating officer.
BergWarner will divide the business into four segments: emissions, thermal and turbocharged systems, led by Volker Weng, powertrain and Morse systems, led by Isabelle McKenzie, PowerDrive systems, led by Stefan Demmerle, battery and charging systems, led by Henk Vanthournout, Collins said, “these changes will help improve services, but the way we work with consumers and suppliers will not change.
” In addition to enhancing BergWarner’s operational flexibility, we hope that the new business structure will also improve efficiency through cross-functional collaboration and additional cost control, “said Lissalde.
We believe that this will help us seize many growth opportunities in the future.
” Lissalde explained that this structural shift is aimed at further aligning with the goals of the “Charging Forward” project announced in March 2021, which aims to increase the annual revenue share of electrified products from 3% in 2021 to 45% in 2030.
BergWarner also plans to be carbon neutral by 2035.
Foreign media reported earlier this month that BergWarner’s sales increased in the first quarter, “thanks to strong demand for its hybrid products in Europe and China”.
According to Collins, BergWarner has made remarkable achievements in the past three years, not only achieving the established revenue targets for electrified products, but also successfully divesting the Phinia business and achieving strategic expansion through mergers and acquisitions.
“in the future, the company will continue to focus on the business growth and profitability of electric products, and strive to enhance the core value of the company.
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