Turnaround veteran Doug Del Grosso to retire as Adient CEO
The president and CEO of automotive seating supplier Adient will retire at the end of the year, leaving the CFO to take the reins of the company.Doug Del Grosso, who took the top job in 2018, will resign effective Dec. 31 and give up his membership.....»»
Industry veteran Julie Fream to step down as CEO of auto suppliers association
Collin Shaw, the manufacturers association's chief commercial vehicle officer and COO for its Original Equipment Suppliers group, will succeed Fream on April 1......»»
Veteran Apple exec behind iPhone’s multitouch screen, Touch ID, and more departing
A veteran Apple executive responsible for a myriad of features over the years is departing the company. Bloomberg reports that Steve Hotelling, who worked on key technologies like the iPhone’s multitouch screen, Touch ID, and Face ID, is retiring f.....»»
BorgWarner CFO Kevin Nowlan to retire; Craig Aaron up next
Craig Aaron, BorgWarner's vice president and controller, will succeed Kevin Nowlan, effective March 1. Nowlan will remain with the company in an advisory capacity through April 1......»»
Toyota Indiana plant President Leah Curry to retire
Leah Curry, twice named one of Automotive News' 100 Leading Women in the North American Auto Industry, will be succeeded by Tim Hollander......»»
Veteran CDK sales exec Mark Hnilicka dies at 71
Hnilicka, who died of complications from Alzheimer's, was a 35-year veteran employee and leader going back to CDK's earlier incarnation as ADP's Dealer Services business......»»
Supplier AMS Osram refocuses on automotive lighting in turnaround plan, CEO says
Austrian lighting and sensor supplier AMS Osram sees increased revenue from advanced LED technology as one of the key pillars of its financial turnaround, its CEO said......»»
Apple boss Tim Cook hints at who might succeed him
Estimated to be worth more than $1 billion, Apple CEO Tim Cook could retire any time he likes. But in a recent interview he said he's going nowhere......»»
Doug Del Grosso, supply chain turnaround veteran, to retire as Adient CEO
Doug Del Grosso, who took the top job in 2018, will resign effective Dec. 31 and give up his membership on the board. CFO Jerome Dorlack will step into the leadership role......»»
Turnaround veteran Doug Del Grosso to retire as Adient CEO
The president and CEO of automotive seating supplier Adient will retire at the end of the year, leaving the CFO to take the reins of the company.Doug Del Grosso, who took the top job in 2018, will resign effective Dec. 31 and give up his membership.....»»
Battery startup ONE begins making its own cells in metro Detroit
Our Next Energy Inc., the Novi-based battery startup led by Apple Inc. veteran Mujeeb Ijaz, has started making prototype cells at its Michigan battery plant — an early milestone in its goal to become a homegrown U.S. battery manufacturer......»»
Shyft Group names new CEO amid battery supply woes
Specialty vehicle manufacturer Shyft Group Inc. has found a new president and CEO in John Dunn, a veteran executive in automotive supply who takes the reins of a company mired in supply issues.Dunn, who's been with Shyft since the beginning of the ye.....»»
Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback
Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for the quarter ended in September......»»
Rolls-Royce CEO Torsten Müller-Ötvös to retire
Müller-Ötvös, 63, has led Rolls-Royce since 2010, overseeing a sharp increase in sales and the brand's first SUV and full-electric models. He will be replaced by Christopher Brownridge, the head of BMW Group's U.K. and Irish operations......»»
Ally offers buyouts with layoffs possible
Ally Financial will offer buyouts to older staff within its Dealer Financial Services segment, and further workforce cuts might occur in November, Ally Financial Dealer Financial Services President Doug Timmerman has told staff. An image of part o.....»»
After being demoted and forced to retire, mRNA researcher wins Nobel
Katalin Karikó and Drew Weissman awarded Nobel Prize in Physiology or Medicine. Enlarge (credit: Mark Makela / Stringer) Biochemist Katalin Karikó and immunologist Drew Weissman won the Nobel Prize in Physiology or Med.....»»
Report: Apple’s next iPhone SE will be the one to retire the iPhone 6 design
New SE allegedly comes out in 2025 and will continue to mix old and new parts. Enlarge / A new report claims that last year's iPhone 14 could be the foundation of a new iPhone SE in 2025. (credit: Apple) I've got a soft.....»»
PlayStation boss Jim Ryan to retire from Sony next year
He said he took the decision due to issues he had living in Europe while working in North America......»»
Bob Lutz joins board of lightweight wheel supplier Carbon Revolution
Australian carbon-fiber wheel maker Carbon Revolution named former GM Vice Chairman Bob Lutz and other veteran U.S. auto executives to its board, pending the completion of its upcoming SPAC merger......»»
Cox Automotive names Scott LeTourneau as CFO
LeTourneau is succeeding Mark Bowser, who will retire at the end of 2023......»»
Toyota"s Woven software unit gets new leader for digital cars
James Kuffner, the American computer expert who has lead Toyota’s Woven software subsidiary since 2018, will resign as CEO and hand the wheel to an automated driving veteran as the automaker readies the launch of a key operating system for cars......»»