Gentherm Promotes Greg Steinl To Vice President, Electronics Business Unit

NORTHVILLE, Mich., April 16, 2013 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, today announced that it has promoted Greg Steinl to Vice President of the Electronics Business Unit, effective immediately.  Steinl will continue to report directly to President and CEO Daniel R. Coker and is responsible for planning, strategy and management of all aspects of the Company's global electronics activities.

"Greg has already demonstrated his ability to accelerate our progress in the electronics business and has used his prior experience in helping us evolve and apply the latest in electronics technologies to automotive and related products," said Coker.  "We believe that through his leadership we will be able to provide important competitive advantages for our company and customers."

Prior to Steinl joining Gentherm in January of this year as Executive Director, Electronics, he was Director, Technology Strategy for Maumee, OH-based Dana Holding Corporation.  Prior to Dana, from 2006 to 2011, he was VP of Business Development at EControls, a developer and supplier of world-class engine control and instrumentation products worldwide, and VP of Engineering and R&D at FW Murphy (FW Murphy and EControls merged in 2009), a provider of instrumentation and controls for engines and engine-driven equipment.  From 2000 to 2006, he worked for Motorola's automotive business, which was acquired by Continental AG.  Steinl held technical leadership and management positions in the Interior and Body electronics groups.

Steinl graduated with an MBA from the University of Michigan and a BSEE from Purdue University.  He and his family currently reside in Ann Arbor, MI.

About Gentherm

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