NORTHVILLE, Mich., July 30, 2012 /PRNewswire/ -- Amerigon Incorporated, doing business as Gentherm (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, today announced that it has named Kenneth J. Phillips, 38, to the newly created position of Vice President and General Counsel, effective immediately. Phillips will report directly to President and CEO Daniel R. Coker and is responsible for managing all aspects of the Company's global legal and regulatory compliance activities. He will also assume responsibility as Secretary to the Board of Directors.
"Gentherm has been a client of Ken's for several years. He has provided counsel which demonstrated his understanding of domestic and international law and its legal and financial implications for our business," said Coker. "As our General Counsel, he will play a key role in helping effectively guide us through any legal issues as we grow our global business. Ken already has strong relationships with our Board and will be a valuable addition to our executive team."
From 1999 until joining Gentherm, Phillips was a Partner in the Detroit office of Honigman Miller Schwartz and Cohn LLP, a leading business law firm with five offices in Michigan and an international practice. From 1995 to 1999, he was an accountant at Plante & Moran, LLP, in its Detroit office.
Phillips graduated with a J.D. from Wayne State University and a bachelor's degree in Accounting and Finance from Oakland University. He is also a Certified Public Accountant.
Amerigon Incorporated, doing business as Gentherm (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 5,000 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 Amerigon's Securities and Exchange Commission (SEC) filings and reports, including, but not limited to, its Form 10-Q for the period ended March 31, 2012, and its Form 10-K for the year ended December 31, 2011; all of which are available free of charge on the SEC's website at www.sec.gov. Amerigon expressly disclaims any intent or obligation to update any forward-looking statements.
SOURCE Amerigon Incorporated