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

Highlights

Related articles

CMD on the Edge

Edge Group signed agreement to acquire CMD, an Italian engine company involved in the aeronautical, automotive, and marine segments

Rehlko Got the Record

Rehlko set the fastest time to mow the area of an American football field completed in 14 minutes, 51 seconds

JCB is Aiming for a Repeat of its Record

JCB is targeting a new land speed record with a 32-foot car powered by its own hydrogen engines. The Staffordshire-based manufacturer has spent five years developing hydrogen internal combustion engines as part of a £100 million investment. JCB diggers powered by the technology have just started rol...

Deutz Annual General Meeting

At the annual general meeting of Deutz AG the Board of Management and Supervisory Board policy has been approved. Increased dividend of €0.18 per share approved Full team of Board of Management members again: Supervisory Board appoints Katharina Krüger as Chief Transformation Officer. A new brand de...