Nexteer says current president and CEO, Robert Remenar, is to step down from his roles with immediate effect, although he will remain on the board of directors.
Current Nexteer chairman, Guibin Zhao, will add the CEO title, while COO, Laurent Bresson, will become president as Remenar leaves to “pursue another opportunity” in the industry, although it is not yet clear what this will entail.
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“Bob has led this company through a successful turnaround and sale, restored Nexteer’s profitability and secured the business with growth and customer diversity,” said Zhao. “He will continue to provide his counsel as a board member, but he has decided he is interested in taking on a new challenge.”
Bresson was senior vice president and chief operating officer, responsible for managing day-to-day global activities of the company’s divisional and product groups, including global sales. Prior to that, he was vice president, global sales and marketing and European region director.
Bresson has expanded Nexteer’s customer base to more than 60 automotive manufacturers around the world. In addition, he has international operational experience overseeing production facilities and the launch of high volume, global customer programmes.
He has also held various positions in engineering, project management and sales throughout his career.
“Nexteer has just experienced two record years of bookings and is well-positioned to continue that trajectory,” said Bresson.
“My focus will be to not only continue to leverage our technology breakthroughs for additional growth, but to focus on delivering on our promises of high quality, on time product launches.”
