Source-grounded facts extracted from Gentherm Inc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Gentherm Inc shareholders approved Approval of the Amendment to the Gentherm Incorporated 2023 Equity Incentive Plan at the 2026-05-14 meeting.
“Proposal No. 4 – Approval of the Amendment to the Gentherm Incorporated 2023 Equity Incentive Plan For Against Abstain Broker Non-Votes 23,746,689 3,021,023 57,422 1,441,147”
Gentherm Inc shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-14 meeting.
“Proposal No. 3 - Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026 For Against Abstain 27,592,281 659,655 14,345”
Gentherm Inc shareholders approved Approval (on an advisory basis) of named executive officer compensation at the 2026-05-14 meeting.
“Proposal No. 2 - Approval (on an advisory basis) of named executive officer compensation For Against Abstain Broker Non-Votes 24,542,227 2,253,813 29,094 1,441,147”
Gentherm Inc shareholders approved Election of nine directors to serve for a one-year term until the 2027 annual meeting at the 2026-05-14 meeting.
“Proposal No. 1 - Election of directors Nominee For Withheld Broker Non- Votes Sophie Desormière 25,942,230 882,904 1,441,147 David Heinzman 26,503,166 321,968 1,441,147 Ronald Hundzinski 26,385,463 439,671 1,441,147 Laura Kowalchik 25,526,608 1,298,526 1,441,147 Charles Kummeth 25,668,486 1,156,648 1,441,147 Betsy Meter 25,480,404 1,344,730 1,441,147 William Presley 26,716,505 108,629 1,441,147 John Stacey 25,536,476 1,288,658 1,441,147 Kenneth Washington 26,614,282 210,852 1,441,147”
Gentherm Inc reported the first quarter ended March 31, 2026 results: revenue $393.7 million, net income $4.2 million, EPS $0.14. Guidance reaffirmed.
“First Quarter Financial Highlights • Secured Automotive New Business Awards totaling $395 million in the quarter. • Product revenues of $393.7 million increased 11.3% from $353.9 million in the prior year. Excluding the impact of foreign currency translation, product revenues increased 7.2%, with Automotive increasing 7.7% and Medical decreasing 6.3%. • Automotive Climate and Comfort Solutions revenue increased 13.6% year over year, or 9.8% excluding the impact of foreign currency translation, outperforming S&P Global’s mid-April light vehicle production report in our relevant markets by 14 percentage points. • Gross margin was 24.7%, compared to 24.4% in the prior year. The increase was primarily driven by operating leverage and net material performance, partially offset by annual price reductions and higher labor costs. • Net income (loss) was $4.2 million, compared to $(0.1) million in the prior year. • Adjusted EBITDA was $49.3 million, or 12.5% of revenue, compared to $39.3 millio”
Gentherm Inc amended First Amendment.
“the First Amendment filed as Exhibit 10.1 to the Original Report. Other than the correction of the applicable signatory, no other changes have been made to the Original Report or the First Amendment.”
Gentherm Inc amended First Amendment to Second Amended and Restated Credit Agreement with Bank of America, N.A. valued at Amendment permits up to $400 million additional term indebtedness, releases certain borrower/guarant (effective 2026-02-24).
“Item 1.01 Entry into a Material Definitive Agreement. First Amendment to Second Amended and Restated Credit Agreement On February 24, 2026, Gentherm Incorporated (“Gentherm”), together with the other borrowers and guarantors party thereto, entered into that certain First Amendment to Second Amended and Restated Credit Agreement (the “First Amendment”), with the lenders party thereto and Bank of America, N.A., as administrative agent (in such capacity, the “Administrative Agent”), which First Amendment amends that certain Second Amended and Restated Credit Agreement, dated as of June 10, 2022, by and among Gentherm, as a borrower, the other borrowers from time to time party thereto, the lenders from time to time party thereto and the Administrative Agent.”
Gentherm Inc entered into Separation Agreement with Modine Manufacturing Co., Platinum SpinCo Inc. valued at Separation of SpinCo Business from Modine via transfer of assets and liabilities and distribution of (effective 2026-01-29).
“(ii) a Separation Agreement (the “Separation Agreement”), dated as of January 29, 2026, by and among Modine, Gentherm and SpinCo”
Gentherm Inc entered into Agreement and Plan of Merger with Modine Manufacturing Co., Platinum SpinCo Inc., Platinum Gold Merger Sub Inc. valued at Merger of Merger Sub with and into SpinCo, with SpinCo surviving as a wholly-owned subsidiary of Gen (effective 2026-01-29).
“(i) an Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 29, 2026, by and among Modine, Gentherm, SpinCo and Merger Sub”
Phillip Eyler departed as President and Chief Executive Officer, and Interim Chief Financial Officer at Gentherm Inc.
“Phillip Eyler, the Company’s President and Chief Executive Officer, and Interim Chief Financial Officer, will depart from the Company effective December 31, 2024”
Jonathan Douyard was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Gentherm Inc.
“Jonathan Douyard has been appointed to be the Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective on January 1, 2025”
William T. Presley was appointed as President and Chief Executive Officer at Gentherm Inc.
“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”
Phillip Eyler was appointed as Interim Chief Financial Officer at Gentherm Inc.
“On September 1, 2024, the board of directors of the Company (the “Board”) appointed Phillip Eyler as Interim Chief Financial Officer of the Company, effective as of September 1, 2024.”
Matteo Anversa resigned as Executive Vice President of Finance, Chief Financial Officer and Treasurer at Gentherm Inc.
“Matteo Anversa, Executive Vice President of Finance, Chief Financial Officer and Treasurer of Gentherm Incorporated (the “Company”), and serving as the Company’s principal financial officer, notified the Company on August 5, 2024 of his decision to resign from such position effective September 1, 2024 to pursue another opportunity.”
Matteo Anversa resigned as Executive Vice President of Finance, Chief Financial Officer and Treasurer at Gentherm Inc.
“On August 5, 2024, Matteo Anversa notified Gentherm Incorporated (the “Company”) of his voluntary resignation as Executive Vice President of Finance, Chief Financial Officer and Treasurer of the Company (collectively, “CFO”), effective September 1, 2024 (the “Separation Date”).”
Gentherm Inc reported first quarter ending March 31, 2024 results: revenue $356.0 million, EPS $0.47. Guidance reaffirmed.
“medical patient temperature management systems, today announced its financial results for the first quarter ending March 31, 2024. First Quarter Highlights • Product revenues of $356.0 million decreased 2.1% from $363.6 million in the first quarter of 2023. Excluding the impact of foreign currency translation, product revenues decreased 1.3% year over year • Automotive”
Gentherm Inc reported full year ended December 31, 2023 results: revenue Product revenues of $1,469.1 million, EPS GAAP diluted earnings per share was $1.22.
“Full Year 2023 Highlights • Product revenues of $1,469.1 million increased 21.9% from $1,204.7 million in 2022.”
Gentherm Inc reported fourth quarter ended December 31, 2023 results: revenue Product revenues of $366.9 million, EPS GAAP diluted earnings per share was $0.56.
“management systems, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights • Product revenues of $366.9 million increased 6.9% from $343.3 million in the 2022 fourth quarter. Excluding the impact of foreign currency translation, product revenues increased 5.2% year over year • Automotive”
Laura Kowalchik was appointed as Director at Gentherm Inc.
“Immediately thereafter, the Board appointed Laura Kowalchik to fill the vacancy created by such increase, effective December 1, 2023”
Gentherm Inc entered into Confirmation of Issuer Forward Repurchase Transaction agreement with Bank of America, N.A. valued at $60 million (effective 2023-11-01).
“On November 1, 2023 and following the above-noted extension, the Company entered into a Confirmation of Issuer Forward Repurchase Transaction agreement (the “ASR Agreement”) with Bank of America, N.A. (the “Bank of America”) that provides for the Company to purchase shares of common stock in an aggregate amount of $60 million (the “ASR Repurchase Amount”) under the 2020 Stock Repurchase Program.”
Gentherm Inc reported third quarter ending September 30, 2023 results: revenue $366.2 million, EPS $0.48. Guidance reaffirmed.
“patient temperature management systems, today announced its financial results for the third quarter ending September 30, 2023. Third Quarter Highlights • Product revenues of $366.2 million increased 10.0% from $333.0 million in the third quarter of 2022. Excluding the impact of foreign currency translation, product revenues increased 8.5% year over year •”
Kenneth Washington was appointed as Director at Gentherm Inc.
“Immediately thereafter, the Board appointed Kenneth Washington, Ph.D. to fill the vacancy created by such increase, effective October 2, 2023, to serve a term expiring at the Company’s 2024 annual meeting of shareholders and until a successor has been duly elected and qualified, or until his earlier resignation, retirement or other termination of service.”
Gentherm Inc announced a restructuring with charges of between $14 million and $18 million affecting Greenville, South Carolina facility; Monterrey, Mexico.
“organization best positioned to deliver on its key financial and operational priorities. In connection with the Plan, the Company expects to incur total costs of between $14 million and $18 million, of which between $14 million and $17 million are expected to be cash expenditures. The total expected costs include employee severance, retention and termination”
Gentherm Inc shareholders approved Approval of the Gentherm Incorporated 2023 Equity Incentive Plan.
“Proposal No. 5 – Approval of the Gentherm Incorporated 2023 Equity Incentive Plan For Against Abstain Broker Non-Votes 27,418,341 2,592,042 579,120 994,190”
Gentherm Inc shareholders approved Approval (on an advisory basis) of the frequency of the advisory vote on named executive officer compensation.
“Proposal No. 4 – Approval (on an advisory basis) of the frequency of the advisory vote on named executive officer compensation One year Two years Three years Abstain Broker Non-Votes 29,443,252 4,339 1,131,898 10,014 994,190”
Gentherm Inc shareholders approved Approval (on an advisory basis) of named executive officer compensation.
“Proposal No. 3 – Approval (on an advisory basis) of named executive officer compensation For Against Abstain Broker Non-Votes 28,961,995 1,617,522 9,986 994,190”
Gentherm Inc shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2023 at the 2023-12-31 meeting.
“Proposal No. 2 – Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2023 For Against Abstain 31,339,873 239,677 4,143”
Gentherm Inc shareholders approved Election of directors.
“Proposal No. 1 – Election of directors Nominee For Withheld Broker Non-Votes Sophie Desormière 22,730,832 7,858,671 994,190 Phillip M. Eyler 30,254,708 334,795 994,190 David Heinzman 30,360,572 228,931 994,190 Ronald Hundzinski 30,348,209 241,294 994,190 Charles Kummeth 30,204,367 385,136 994,190 Betsy Meter 30,243,079 346,424 994,190 Byron Shaw II 27,818,471 2,771,032 994,190 John Stacey 27,650,023 2,939,480 994,190”
Gentherm Inc reported first quarter ending March 31, 2023 results: revenue $363.6 million, EPS $0.24. Guidance reaffirmed.
“medical patient temperature management systems, today announced its financial results for the first quarter ending March 31, 2023. First Quarter Highlights • Product revenues of $363.6 million increased 35.9% from $267.7 million in the first quarter of 2022. Excluding the impact of foreign currency translation, product revenues increased 38.9% year over year •”
Gentherm Inc reported full year ended December 31, 2022 results: revenue Product revenues of $1,204.7 million, EPS GAAP diluted earnings per share was $0.73; adjusted diluted earnings per share was $1.82.
“Full Year 2022 Highlights • Product revenues of $1,204.7 million increased 15.2% from $1,046.2 million in 2021. Excluding the impact of foreign currency translation and contributions from acquisitions, product revenues increased 10.6% year over year • Automotive revenues increased 15.6% year over year; excluding the impact of foreign currency translation and contributions from acquisitions, automotive revenues increased 11.1% year over year • GAAP diluted earnings per share was $0.73 as compared with $2.79 for the prior-year period • Adjusted diluted earnings per share (see table herein) was $1.82. Adjusted diluted earnings per share in the prior year was $3.01”
Gentherm Inc reported fourth quarter ended December 31, 2022 results: revenue Product revenues of $343.3 million, EPS GAAP diluted loss per share was $(0.13); adjusted diluted earnings per share was $0.47.
“Fourth Quarter 2022 Highlights • Product revenues of $343.3 million increased 38.3% from $248.2 million in the 2021 fourth quarter. Excluding the impact of foreign currency translation and contributions from acquisitions, product revenues increased 20.9% year over year • Automotive revenues increased 40.0% year over year; excluding the impact of foreign currency translation and contributions from the Alfmeier acquisition, increased 22.5% year over year • GAAP diluted loss per share was $(0.13) as compared with earnings per share of $0.60 for the prior-year period • Adjusted diluted earnings per share (see table herein) was $0.47. Adjusted diluted earnings per share in the prior-year period was $0.61”
Matt Fisch resigned as Senior Vice President, Chief Technology Officer at Gentherm Inc.
“On January 25, 2023, Matt Fisch, Senior Vice President, Chief Technology Officer of Gentherm Incorporated (the “Company”), informed the Company of his resignation from the Company, effective February 10, 2023, to become the chief executive officer of a public company that does not compete with the Company.”
Yvonne Hao resigned as Director at Gentherm Inc.
“Yvonne Hao, a member of the Board of Directors (the “Board”) of Gentherm Incorporated (the “Company”), informed the Board of her resignation from the Board effective immediately.”
Gentherm Inc announced a restructuring with charges of between $13 million and $18 million affecting non-automotive electronics business.
“be utilized by other operations of the Company. In connection with approval of the plan to exit the Business, the Company is expected to incur total non-cash expenses of between $13 million and $18 million, including impairment of inventory of between $7 million and $12 million, impairment of intangible assets of approximately $5 million, and impairment of a portion”
Gentherm Inc reported third quarter ended September 30, 2022 results: revenue $333.0 million, EPS $0.29. Guidance reaffirmed.
“• Product revenues of $333.0 million increased 36.8% from $243.4 million in the 2021 third quarter, resulting in the highest quarterly revenue in company history, as well as the highest quarterly organic revenue of $290.4 million excluding revenues from the acquired businesses o Excluding the impact of foreign currency translation, product revenues increased 44.4% year over year o Excluding the impact of foreign currency translation and acquisitions, product revenues increased 27.0% year over year • GAAP diluted earnings per share was $0.29 as compared to $0.47 in the prior-year period”
Nicholas Breisacher was appointed as Chief Accounting Officer at Gentherm Inc.
“On August 5, 2022, Gentherm Incorporated (the “Company”) announced that Nicholas Breisacher, age 39, was appointed as the Chief Accounting Officer of the Company, effective immediately.”
Matteo Anversa was appointed as principal accounting officer at Gentherm Inc.
“Effective the Separation Date, Matteo Anversa, Chief Financial Officer, will assume the role of principal accounting officer until the Company identifies Ms. Zoldos’ successor.”
Jennifer L. Zoldos resigned as Chief Accounting Officer at Gentherm Inc.
“On July 7, 2022, Jennifer L. Zoldos notified Gentherm Incorporated (the “Company”) of her decision to resign as Chief Accounting Officer (“CAO”), effective July 31, 2022 (the “Separation Date”).”
Paul Giberson resigned as Senior Vice President, Global Sales at Gentherm Inc.
“Paul Giberson, Senior Vice President, Global Sales, provided notice to Gentherm Incorporated (the “Company”) of his resignation from the Company effective October 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.