BorgWarner will have a new CEO from February 2025
"I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years", commented current BorgWarner's COO, Joseph Fadool.
Joseph Fadool, EVP and COO at BorgWarner, will become President and CEO effective close of business on February 6, 2025. Current CEO, Frédéric Lissalde, is about to retire. To support a seamless transition, Mr. Lissalde will serve in an advisory role until August 30, 2025.
“It has been a privilege to work alongside our talented BorgWarner team for 25 years, and I am incredibly proud of all we have accomplished. Together, we have carefully curated a resilient portfolio of market leading technologies that are accelerating the world’s transition to electrification, which we believe will be successful under different regional powertrain adoption scenarios”, commented Frédéric Lissalde.
The newly-appointed BorgWarner CEO, Joseph Fadool
“I am honored to be appointed the next CEO of BorgWarner”, added Joseph Fadool. “Over the last 14 years, I have worked closely with BorgWarner’s talented workforce and our customers to solve the world’s propulsion problems in new and innovative ways. I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years. As we look to capture growth opportunities ahead, we will stay focused on enhancing our strong product portfolio, efficiently managing our costs to stay competitive and supporting our dynamic teams around the globe to deliver value to our customers. We believe this focus will further strengthen our product leadership position. The future for BorgWarner is bright and I’m incredibly excited to get started in my new role.”
Read also: Battery packs, EV chargers and portfolio resilience. Our interview with BorgWarner
