BorgWarner Appoints Kevin A. Nowlan Chief Financial Officer

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Mar 19, 2019, 08:00 ET

AUBURN HILLS, Mich., March 19, 2019 /PRNewswire/ -- BorgWarner announced today the appointment of Kevin A. Nowlan to executive vice president and chief financial officer (CFO), effective April 1, 2019.

BorgWarner Appoints Kevin A. Nowlan Chief Financial Officer

Mr. Nowlan, 47, comes to BorgWarner from Meritor, Inc. While there, he served as the Senior Vice President and CFO since 2013 and was given the additional responsibility of President of the Trailer and Components businesses in 2018. Mr. Nowlan's career history spans a number of executive and financial leadership roles with Meritor including Controller, Treasurer and Vice President, Shared Services. Before joining Meritor in 2007, Nowlan worked for GMAC and the General Motors' Treasurer's Office for 12 years in a variety of roles. Mr. Nowlan holds a bachelor's degree in economics, political science and history as well as a Master of Business Administration from the University of Michigan.

"I am pleased to welcome Kevin to my executive staff as the new leader of our strong financial team," said Frederic Lissalde, president and CEO. "His broad financial and operational experience gives me confidence he will excel in our culture and continue our long legacy of financial discipline."

The Company also announced that Thomas J. McGill will succeed Anthony D. Hensel as Vice President and Controller, effective April 1, 2019. In this role Mr. McGill will serve as the Company's principal accounting officer with responsibilities for accounting, tax and enterprise risk management. Mr. Hensel will transition to the role of Vice President of Special Projects effective the same date.

About BorgWarner

BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 68 locations in 19 countries, the company employs approximately 30,000 worldwide. For more information, please visit borgwarner.com.

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SOURCE BorgWarner