Gentherm announced that Chairman of the Board, Francois J. Castaing, has informed the Company’s Board of Directors of his intention to retire at the end of his current term and will not be standing for re-election at the Company’s Annual Meeting of Shareholders that is expected to be held in May 2020. The Board of Directors unanimously agreed to appoint Ronald Hundzinski as the new Chairman of the Board effective as of the 2020 Annual Meeting of Shareholders, subject to Hundzinski’s re-election.