---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-253684"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T03:10:20.830860+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gentherm names Bill Presley as CEO effective Jan 1, 2025; Phil Eyler departs Dec 31, 2024

## Summary
- Phil Eyler will resign as CEO and director Dec 31, 2024; will serve as advisor through June 2025.
- William T. Presley, former Aptiv Vice Chairman and COO, becomes President, CEO and board member Jan 1, 2025.
- Presley's package: $950k salary, 125% bonus target, $4M annual equity grant (70% PSUs, 30% RSUs).
- Presley receives two $1.35M cash bonuses and $4.7M in RSUs to replace forfeited Aptiv compensation.
- Company expects to name new CFO soon; search process ongoing.

## SEC filing metadata
- accession: 0001193125-24-253684
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000119312524253684/0001193125-24-253684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000119312524253684/d873150d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-253684
- JSON: https://secwatch.observer/filing/0001193125-24-253684.json
- Plain text: https://secwatch.observer/filing/0001193125-24-253684.txt

## Key facts
- Executive change
  William T. Presley was appointed as President and Chief Executive Officer at Gentherm Inc.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: William T. Presley has been hired as the successor President and Chief Executive Officer of the Company, and has been appointed by the Board as a director of the Company, each effective January 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/903129/000119312524253684/0001193125-24-253684-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.