Gentherm Names Barbara J. Runyon as Senior Vice President and Chief Human Resources Officer

August 7, 2018

NORTHVILLE, Mich., Aug. 07, 2018 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader and developer of innovative thermal management technologies, today announced that Barbara J. Runyon will join the Company as Senior Vice President and Chief Human Resources Officer on August 13th.

In this position, Runyon will oversee company initiatives including organizational performance and culture, compensation and benefits, talent acquisition and management, learning and development, and the overall employee experience. She will report to Phil Eyler, President and CEO of Gentherm.

“I am delighted to welcome Barb to our executive management team. She is a transformational leader and brings a wealth of experience across all facets of human resources. Her extensive experience includes managing a global workforce, change management, process improvement and driving operational effectiveness,” said Eyler. “Barb is a great addition to the world-class team we are building at Gentherm. This is a very exciting time in the company’s journey and she will be a great strategic partner to ensure we have the best talent, engaged employees, and a high-performance work culture.”

Runyon joins Gentherm from La-Z-Boy Incorporated where she served as Vice President and Chief Human Resources Officer from 2015 through 2018. In that role she was responsible for leading the overall human resources strategy for 9,000 global employees, including compensation and benefits, talent acquisition and management, employee engagement, employee relations and safety. Prior to that she held roles of increasing responsibility at PepsiCo/Pepsi Bottling Group where she served as Vice President of Human Resources for PepsiCo’s Midwest Region. She also served as the Senior Director of Talent Acquisition in Pepsi’s New York Headquarters as well as in a variety of field human resources business partner roles. Before joining PepsiCo, she held various human resources management roles for Prestolite Wire Corporation.

Runyon holds a Master of Business Administration from Wayne State University in Organizational Development and a Bachelor of Science degree in Human Resources from Michigan State University.

Investor Contact Yijing Brentano investors@gentherm.com 248.308.1702

Media Contact Melissa Fischer media@gentherm.com 248.289.9702

About Gentherm Gentherm (NASDAQ:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery thermal management systems, cable systems and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has over 13,000 employees in facilities in the United States, Germany, Canada, China, Hungary, Japan, Korea, Macedonia, Malta, Mexico, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.com.

Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Gentherm Incorporated’s goals, beliefs, plans and expectations about its prospects for the future and other future events. The forward-looking statements included in this press release are made as of the date hereof or as of the date specified and are based on management’s current expectations and beliefs. Such statements are subject to a number of important assumptions, risks, uncertainties and other factors that may cause the Company’s actual performance to differ materially from that described in or indicated by the forward-looking statements. Those risks include, but are not limited to: the Company may be unable to develop new technologies or increase market share; changes in global, national, regional and/or local economic conditions and geopolitical climates may affect the Company’s financial performance; new competitors may arise; and other adverse conditions in the industries in which the Company operates may negatively affect its results. The foregoing risks should be read in conjunction with other cautionary statements included herein, as well as in the Company’s annual report on Form 10-K for the year ended December 31, 2017 and subsequent reports filed with the Securities and Exchange Commission. Except as required by law, the Company expressly disclaims any obligation or undertaking to update any forward-looking statements to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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