BorgWarner has appointed Joseph Fadool as Executive Vice President and Chief Operating Officer, effective July 1, 2024.
Fadool is currently the Vice President of BorgWarner Inc. and President and GM, Emissions, Thermal and Turbo Systems.
As Chief Operating Officer, he will be responsible for the operations of the Company with the business unit presidents reporting to him. Fadool will report to Frédéric Lissalde, President and Chief Executive Officer.
Lissalde said, "Joe is uniquely positioned to take on the role of Chief Operating Officer given his deep familiarity with our organisation and understanding of the development and commercialisation of our technologies.
Notably, his contributions leading our Emissions, Thermal and Turbo Systems business unit over the last five years have resulted in strong growth and business performance, as well as fortified relationships with major global OEMs. I look forward to working more closely with Joe in this new role to deliver even better outcomes for our customers and our shareholders."
"I believe BorgWarner has an immense opportunity to deliver sustained value to our stakeholders through innovative product leadership and support our customers around the globe as they transition their future portfolios," Fadool said.
In connection with Fadool’s appointment, BorgWarner also introduced a new business unit structure designed to further enhance the execution of the Company’s Charging Forward strategy.
The business units will be organised in a way that the Emissions, Thermal and Turbo Systems will be led by Dr. Volker Weng, Drivetrain and Morse Systems by Isabelle McKenzie, PowerDrive Systems by Dr. Stefan Demmerle and Battery and Charging Systems by Henk Vanthournout.
BorgWarner will align its financial reporting segments with its new business unit structure beginning July 1, 2024.