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NORTHVILLE, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Jonathan (“Jon”) Douyard will join the Company’s leadership team as Executive Vice President, Chief Financial Officer and Treasurer, effective January 1, 2025. Douyard will lead all of Gentherm’s finance, treasury, investor relations, and IT operations on a global basis, reporting to Gentherm’s next President and CEO, Bill Presley. Douyard succeeds Matteo Anversa, who served as CFO until September 2024 when he left the position to accept the role of CFO for Logitech International. “Jon’s experience includes deep technical knowledge and financial acumen with 25 years of global finance experience. We believe he will be a strong addition to the Gentherm leadership team,” said Phil Eyler, Gentherm’s President and CEO. “The Board of Directors, Gentherm’s next CEO Bill Presley, and I worked together to identify the strongest CFO candidate, and Jon was our unanimous choice. He has a proven track record of delivering profitable growth through business cycles, and his appointment underscores Gentherm’s commitment to driving shareholder value.” “I am excited to join such an innovative company with strong momentum, a clear mission and vision for the future,” said Douyard. “Gentherm is well positioned for growth, and I look forward to partnering with Bill and the global Gentherm team to continue to drive financial excellence, operational efficiency, and a sustainable next generation of growth.” Douyard joins Gentherm from The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, where he was CFO since March 2020. At Shyft, he played a key role in driving financial performance, generating cash flow, managing merger and acquisition activities, strengthening corporate controls and processes, and developing the finance organization. Prior to Shyft, Douyard spent four years as CFO for Fluke Corporation, a leading global industrial technology company within Danaher / Fortive, where he led the Finance and IT functions. Prior to Fluke, he spent 15 years in key financial leadership positions at United Technologies and General Electric. He joined Sikorsky Aircraft, a leader in the design, manufacture, and service of military and commercial helicopters, in 2012 where he served as the CFO, Commercial Systems and Services at United Technologies’ Sikorsky Aircraft division. Douyard began his career with GE in 2001, where he served in multiple divisional CFO and financial planning roles and was also a graduate of the Financial Management Program and Corporate Audit Staff. Douyard holds a Bachelor of Science in Finance from Bentley University and has earned Six Sigma Black Belt and Green Belt certifications. Investor Contact Gregory Blanchette investors@gentherm.com 248.308.1702 Media Contact Melissa Fischer media@gentherm.com 248.289.9702 About Gentherm Gentherm (NASDAQ: THRM) is the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems, lumbar and massage comfort solutions, valve system technologies, 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 more than 14,000 employees in facilities in the United States, Germany, China, Czech Republic, Hungary, Japan, Malta, Mexico, Morocco, North Macedonia, South Korea, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.com . Forward-Looking Statements 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 release are made as of the date hereof or as of the date specified herein and are based on management's reasonable expectations and beliefs. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors we consider appropriate under the circumstances. Such statements are subject to a number of important assumptions, significant risks and uncertainties (some of which are beyond our control) and other factors that may cause actual results or performance to differ materially from that described in or indicated by the forward-looking statements, including but not limited to: macroeconomic, geopolitical and similar global factors in the cyclical Automotive industry; increasing U.S. and global competition, including with non-traditional entrants; our ability to effectively manage new product launches and research and development, and the market acceptance of such products and technologies; the evolution and recent challenges of the automotive industry towards electric vehicles, autonomous vehicles and mobility on demand services, and related consumer behaviors and preferences; our ability to convert automotive new business awards into product revenues; the recent supply-constrained environment, and inflationary and other cost pressures; the production levels of our major customers and OEMs in our key markets and sudden fluctuations in such production levels; our business in China, which is subject to unique operational, competitive, regulatory and economic risks; our ability to attract and retain highly skilled employees, including executives, and wage inflation; a tightening labor market, labor shortages or work stoppages impacting us, our customers or our suppliers, such as recent labor strikes among certain OEMs and suppliers; our achievement of product cost reductions to offset customer-imposed price reductions or other pricing pressures; our product quality and safety and impact of product safety recalls and alleged defects in products; our ability to integrate our recent acquisitions and realize synergies, as well as to consummate additional strategic acquisitions, investments and exits, and achieve planned benefits; any security breaches and other disruptions to our information technology networks and systems, as well as privacy, data security and data protection risks; the impact of our global operations, including our global supply chain, operations within Ukraine, economic and trade policies, and foreign currency and exchange risk; any loss or insolvency of our key customers and OEMs, or key suppliers; our efforts to optimize our global supply chain and manufacturing footprint, including near-term expense headwinds from new facilities; our ability to project future sales volume based on third-party information, based on which we manage our business; the protection of our intellectual property in certain jurisdictions; our compliance with anti-corruption laws and regulations; legal and regulatory proceedings and claims involving us or one of our major customers; the extensive regulation of our patient temperature management business; risks associated with our manufacturing processes; the effects of climate change and catastrophic events, as well as regulatory and stakeholder-imposed requirements to address climate change and other sustainability issues; our product quality and safety; our borrowing availability under our revolving credit facility, as well ability to access the capital markets, to support our planned growth; and our indebtedness and compliance with our debt covenants. The foregoing risks should be read in conjunction with the Company's reports filed with or furnished to the Securities and Exchange Commission (the “SEC”), including “Risk Factors,” in its most recent Annual Report on Form 10-K and subsequent SEC filings, for a discussion of these and other risks and uncertainties. In addition, with reasonable frequency, we have entered into business combinations, acquisitions, divestitures, strategic investments and other significant transactions. Such forward-looking statements do not include the potential impact of any such transactions that may be completed after the date hereof, each of which may present material risks to the Company’s future business and financial results. 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.稿件结束The resilience and quick response demonstrated by the villagers in the face of adversity exemplify the spirit of unity and compassion that defines rural communities. By coming together to address the immediate needs of their livestock and implement preventive measures against future attacks, the villagers have not only safeguarded their livelihoods but also strengthened the bonds that bind them as a community.

American Eagle Outfitters ($AEO) stock was up 1.68% ahead of its third-quarter earnings, lifting retail sentiment. Wall Street analysts are expecting earnings per share of $0.47 on estimated revenues of $1.3 billion, according to Stocktwits data. American Eagle will release its third quarter fiscal 2024 results on Wednesday, after market close. For the second quarter, the company reported record second-quarter revenues of $1.3 billion, increasing 8% from the same period in 2023. EPS came in at $0.39, beating estimates of $0.38. A CNBC report noted an earlier calendar shift positively impacted its second-quarter sales by $55 million, observing the sales increase would otherwise have been slimmer. American Eagle CFO Mike Mathias has previously stated its full-year guidance of around 4% comparable sales growth and 2-3% revenue growth, reflecting confidence in its core business trajectory. Retail sentiment on the stock improved to ‘extremely bullish’ (95/100) from ‘neutral’ (48/100) a week ago. Message volumes increased to ‘extremely high’ from ‘normal’. Many users were expecting a huge earnings beat, according to a Stocktwits user poll. In October, JPMorgan lowered the apparel company’s price target to $27 from $29 and kept an Overweight rating, as part of its models update in the department store and specialty softlines group, the Fly.com reported. Jay Shottenstein, executive chairman and CEO previously stated the company sees "the greatest opportunity in the history of the company" and expects it could grow from a $5 billion business to a $10 billion business in the next few years. American Eagle stock is down 4% year-to-date.There’s no shortage of magnificent TSX dividend stocks on the market for investors to buy right now. Many of those stocks now trade at discounted levels, making them great buys right now. Here’s a quick look at two of those magnificent TSX dividend stocks to add to your portfolio while they still trade at a discount. It would be nearly impossible to compile a list of magnificent TSX dividend stocks and not mention at least one of . And right now, the big bank to look closely at is ( ). Canada’s second-largest lender boasts a juicy dividend, a solid domestic segment that produces reliable revenue, and a growing presence in the U.S. market. So then how is it that TD is a stock trading down right now? As of the time of writing, TD trades down just over 7% year-to-date. The reason for that dip is TD’s problems relating to investigations by U.S. regulators, which found that the bank wasn’t doing enough to identify and prevent money laundering. As a result, the bank was hit with a hefty fine and an asset cap on its U.S. business arm. Given that the U.S. market remains TD’s primary growth market, that only added to weakness in the stock. Fortunately, investors should be looking at TD as a long-term pick. The bank has paid dividends for over a century without fail. Today, the yield on that dividend works out to a tasty 5.2%. In short, TD will weather this short-term storm, recover, and remain a solid option for any portfolio. Another intriguing option to consider right now is ( ). BCE is one of the largest telecoms in Canada, with a sprawling network that blankets Canada with its subscription-based services. Those services include wireless, wireline, TV and Internet. Worth noting is that since the pandemic started, the need for those services has become one of necessity for many. This bolsters the appeal of an already defensive stock option for any portfolio. But what makes BCE one of the magnificent TSX dividend stocks to buy right now? The stock trades at a very discounted price, which has swelled its already . As of the time of writing, BCE offers an insane 10.4% yield. This means that a $20,000 investment in BCE will earn nearly $2,100. There are a few reasons why that yield is currently inflated. First and foremost, telecoms like BCE rely heavily on borrowing to fund capital projects. The cost of borrowing has increased in recent years along with interest rates. And that higher interest rate environment has impacted BCE more so than its other big telecom peers. Adding to that, BCE is also in the midst of a restructuring. This includes deep staffing cuts and selling off part of its media business as well as its stake in MLSE. BCE also charged into the U.S. market with its recently announced Ziply acquisition. The impact of these events has sent the stock lower, and as a result, it now trades down over 25% year-to-date. Adding to those woes, BCE announced that it was pausing its annual dividend hikes during its restructuring period. So then, why should investors consider BCE right now as one of the magnificent TSX dividend stocks to buy? Despite BCE’s short-term concerns, the company still operates a highly defensive business that continues to grow. BCE’s Ziply acquisition also promises to provide long-term growth potential for the company. s No stock, even the most defensive is without risk. That includes both BCE and TD, which despite their shorter-term concerns, still have plenty of long-term potential. In my opinion, small positions in one or both stocks would do well as part of a larger, well-diversified portfolio.The controversy surrounding Manchester City's financial conduct has been the subject of intense scrutiny and debate in recent years. The club has faced allegations of improper financial dealings and violations of the rules aimed at maintaining a level playing field in the Premier League. The initial 115 charges leveled against Manchester City were already seen as a significant blow to the club's reputation and standing in the football world. However, the latest increase in the number of accusations only serves to further deepen the crisis facing the reigning champions.

"We are excited to see such strong investor interest in our IPO, and we are confident that this will pave the way for Kaidrive's continued success in the future," said CFO and co-founder, Aya Takahashi. "We are grateful for the support of our loyal players and partners, and we look forward to delivering even more innovative and entertaining experiences in the months and years to come."

Throughout the investigation, Detective Zhang Kehan maintained a high level of professionalism and integrity. He conducted himself in accordance with ethical standards and followed the principles of due process in his pursuit of justice. His commitment to upholding the law and seeking truth and justice exemplifies the best qualities of a dedicated law enforcement officer.Diamcor Mining (CVE:DMI) Stock Price Down 16.7% – Time to Sell?Liaoning Province Launches Joint Action "Strengthening Computing Power, Empowering Intelligence"US confirms billions in chips funds to Samsung, Texas Instruments