Fadool named next president and CEO of BorgWarner

BorgWarner’s executive VP and chief operating officer, Joseph Fadool, is to take over as president and CEO at the close of business on February 6. He will also be a member of the board.

Current president and CEO, Frédéric Lissalde, will retire and step down from the board at the same time. However, he will serve in an advisory role until August 30, 2025 to support a seamless transition, the company said.

Fadool joined BorgWarner in 2010 and has held a number of top positions across the company.

Prior to joining the company, Fadool worked at Continental Automotive Systems as VP for North American Electronic Operations and at Ford.

Alexis Michas, non-executive chairman of the board, said Fadool has been a trusted member of the leadership team for 14 years.

“Having served as a president of four business units, Joe has an incredibly deep understanding of our industry, technology focused product portfolio, operations, culture and strong customer relationships.”

Michas said Lissalde had reshaped the firm’s product portfolio and set BorgWarner on a path to lead the world’s energy transition to electrified vehicles.

“We believe Fred’s passion for our business and customer focus have positioned the company for success for years to come. We look forward to celebrating his career over the coming months as we transition to our next CEO and send Fred off to a well-deserved retirement.”