Sign in

    Joseph F. Fadool

    President and Chief Executive Officer at Borgwarner Inc
    Board
    Since February 6, 2025
    Age
    58 years
    Education
    Earned a Bachelor of Science in electrical engineering from Lawrence Technological University and a Master of Science in computer and electronic controls from Wayne State University.
    Tenure
    Joined BWA in 2010 and advanced through key leadership roles—including serving as Vice President, General Manager, and Executive Vice President/Chief Operating Officer—before being appointed President and Chief Executive Officer in February 2025.

    Also at Borgwarner Inc

    ABK
    Amy B. Kulikowski
    VP and Chief Accounting Officer
    CDA
    Craig D. Aaron
    Executive Vice President and Chief Financial Officer
    HV
    Henk Vanthournout
    VP and President and General Manager, Battery and Charging Systems

    About

    Joseph F. Fadool is a seasoned executive in the automotive industry with a long record of steering operational excellence and strategic innovation. His extensive career encompasses critical roles that have shaped his understanding of complex automotive systems and global market dynamics.

    Prior to his rise to the top leadership position, he accumulated diverse experience at renowned companies, including significant tenures at Continental Automotive Systems, Siemens VDO Automotive, and Ford Motor Company. This blend of technical expertise and hands-on management has enabled him to contribute uniquely to the evolution of automotive technology and business performance.

    At his current organization, he continues to drive transformative change by linking his deep-rooted industry insights with forward-thinking initiatives that support the company’s transition towards electrification and innovative product development. His leadership not only underpins robust operational frameworks but also fosters collaborative relationships with major global OEMs, positioning the company for sustained growth in a dynamic industry environment.

    $BWA Performance Under Joseph F. Fadool

    Past Roles

    OrganizationRoleDate RangeDetails
    BorgWarner Inc. (BWA)Executive Vice President and Chief Operating OfficerJuly 2024 - February 2025Previous role before becoming CEO
    BorgWarner Inc. (BWA)Vice President and President and General Manager, Emissions, Thermal and Turbo SystemsOctober 2019 - July 2024
    BorgWarner Inc. (BWA)Vice President and President and General Manager, BorgWarner Turbo Systems LLCMay 2019 - October 2019
    BorgWarner Inc. (BWA)Vice President and President and General Manager, BorgWarner Emissions Systems LLC and BorgWarner Thermal Systems Inc.January 2017 - May 2019
    BorgWarner Inc. (BWA)Vice President and President and General Manager, BorgWarner Ithaca LLC (d/b/a BorgWarner Morse Systems)July 2015 - December 2016
    BorgWarner Inc. (BWA)Vice President and President and General Manager, BorgWarner Morse TEC Inc.May 2012 - July 2015
    Continental Automotive SystemsVice President for North American Electronic OperationsN/AHeld various roles at Continental and Siemens VDO Automotive since 1996
    Ford Motor Co.Project Management / Product Development and Vehicle Launches (Mustang, Taurus)N/A (7 years)Worked for 7 years in multiple capacities

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $875,0002023 Year-End4.8% increase from 2022 year-end salary of $835,000; adjustment of $40,000 effective April 1, 2023
    Retirement Savings Plan Contributions $310,751N/ACompany contributed to defined contribution plans on his behalf

    Performance Compensation

    Data from  FY 2023

    Performance Share Grant

    Metric (Weight [%])ThresholdTargetMaximumVesting ScheduleOther Details
    eProducts Revenue Mix (25%)N/A N/A N/A Vest at end of 3-year period (2023-2025) Based on company’s share of eProducts revenue
    eProducts Revenue (25%)N/A N/A N/A Vest at end of 3-year period (2023-2025) Total revenue derived from eProducts
    Cumulative Free Cash Flow (25%)N/A N/A N/A Vest at end of performance period (2023-2025) Operating cash flow less capital expenditures
    Relative TSR (25%)N/A N/A N/A Vest at end of performance period (2023-2025) Determined by ranking against a peer group
    • Estimated Share Awards:
      • Threshold: 14,092 shares
      • Target: 56,368 shares
      • Maximum: 112,736 shares
    • Grant Date: April 26, 2023
    • Grant Date Fair Value: $2,796,772
    • Grant Date Stock Price: $48.19 (Monte Carlo Pricing: $79.71)

    2023 MIP Bonus Payout

    MetricThreshold / Target / MaxActual ResultWeightBonus Payout
    Adjusted Operating Margin (AOM)Threshold: 9.00%, Target: 9.50%, Maximum: 10.00%9.63%50%126% of target
    Free Cash Flow (FCF)Threshold: $340M, Target: $440M, Maximum: $540M$581M50%200% of target
    • Combined Bonus Payout: 163% of target bonus
    • Base Salary: $875,000
    • Target Bonus Opportunity: 120% of base salary = $1,050,000
    • Actual Bonus Payout: $1,711,500
    • Bonus Nature: Cash-based incentive plan without vesting schedules

    This breakdown covers the performance compensation details for 2023, including both share-based and cash-based awards with their respective performance metrics, thresholds, targets, weights, vesting periods, grant date details, and actual performance results leading to the payouts.