secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001193125-24-263470
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentherm names Jonathan Douyard CFO; CEO Eyler departs Dec 31
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- Jonathan Douyard appointed EVP, CFO and Treasurer, effective January 1, 2025; reports to incoming CEO Bill Presley.
- Douyard most recently CFO of The Shyft Group (SHYF) from March 2020; previously CFO at Fluke Corporation.
- Compensation includes $600k salary, 80% target bonus, $1.1M initial equity, $1.3M make-whole cash, and $2M make-whole RSUs.
- CEO Phil Eyler departs December 31, 2024; Bill Presley named next CEO.
- Douyard has 25 years of global finance experience; holds BS in Finance from Bentley University.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000119312524263470/0001193125-24-263470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000119312524263470/d885551d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-263470

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer