PLYMOUTH, Mich. (PRNewswire) — Adient, a global leader in automotive seating, announced that Doug Del Grosso has elected to retire as president, chief executive officer and a director of Adient’s Board of Directors, effective Dec. 31.
Upon Del Grosso’s retirement, Jerome Dorlack, currently Adient’s executive vice president and chief financial officer, will be appointed president and CEO as well as a member of Adient’s board. Mark Oswald, currently Adient’s vice president, treasurer, investor relations and corporate communications, will be appointed executive vice president and CFO, succeeding Dorlack.
“Since joining the company in 2018, Doug has been instrumental in establishing a strong foundation for Adient through his strategic direction and unwavering focus on operational excellence,” said Fritz Henderson, non-executive chairman of Adient’s Board of Directors. “His leadership has resulted in outstanding operational and financial improvements. The Board sincerely thanks Doug for his exceptional contributions and we look forward to a smooth transition and continued success under Jerome’s leadership.”
Del Grosso called working with the Adient team “an honor.”
“I am truly proud of everything we have accomplished,” Del Grosso said. “Looking ahead, Jerome has a proven track record of success at Adient, having successfully led our Americas operations and served as CFO. He is the ideal leader to continue Adient’s long-term success.”
Dorlack thanked Del Grosso for his “contributions to Adient over the last five years and the foundation he has put in place.”
“I am honored to be appointed president and CEO of Adient,” Dorlack said. “The company has a legacy of maintaining strong relationships with our customers and offering industry-leading seating products. I look forward to building on the positive momentum established by Doug and continuing to drive the business forward.”
