NORTHVILLE, Mich., April 22, 2013 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today that that it plans to hold its Annual Meeting of Shareholders on Thursday, May 16, 2013, at 9:30 a.m. Eastern Time. The meeting will be held at the Company's corporate offices in Northville, Michigan, and all shareholders are invited to attend.
Only holders of the Company's common stock at the close of business on the record date, April 8, 2013, are eligible to vote at the Annual Meeting or any adjournments that may take place. Shareholders will be asked to consider and act on the election of directors to the Board of Directors; ratification of the appointment of Grant Thornton LLP to act as the Company's registered independent accountants for the year ended December 31, 2013; approval, on an advisory basis, of the Company's executive compensation; and approval of a proposed Gentherm Incorporated 2013 Equity Incentive Plan.
Gentherm Incorporated (NASDAQ-GS:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include actively heated and cooled seat systems and cup holders, heated and ventilated seat systems, thermal storage bins, heated seat and steering wheel systems, cable systems and other electronic devices. The Company's advanced technology team is developing more efficient materials for thermoelectrics and systems for waste heat recovery and electrical power generation for the automotive market that may have far-reaching applications for consumer products as well as industrial and technology markets. Gentherm has more than 6,000 employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea, Malta, Hungary and the Ukraine. For more information, go to www.gentherm.com.
Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Gentherm's Securities and Exchange Commission (SEC) filings and reports, including, but not limited to, its Form 10-K for the year ended December 31, 2012; all of which are available free of charge on the SEC's website at www.sec.gov. Gentherm expressly disclaims any intent or obligation to update any forward-looking statements.
SOURCE Gentherm Incorporated