Garrett Motion Inc. (GTX) is a technology-driven company specializing in the design, manufacture, and sale of advanced turbocharging, air and fluid compression, and high-speed electric motor technologies. GTX serves original equipment manufacturers (OEMs) and distributors in the mobility and industrial sectors, providing solutions that enhance fuel economy, energy efficiency, and compliance with emissions standards. The company sells turbochargers, E-Boosting solutions, and zero-emission technologies, including hydrogen fuel cell systems and electric vehicle components.
- Gasoline - Provides turbocharging solutions for gasoline-powered internal combustion engines, enhancing fuel economy and energy efficiency.
- Diesel - Offers turbocharging technologies for diesel engines, supporting compliance with emissions standards and improving performance.
- Commercial Vehicle - Supplies turbochargers for commercial vehicles, focusing on energy efficiency and emissions compliance.
- Aftermarket - Operates a global aftermarket business, serving distributors with a wide range of turbocharging products and leveraging the Garrett brand.
- Other - Includes various turbocharging solutions for industrial applications, such as off-highway vehicles and power generation systems.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Olivier Rabiller ExecutiveBoard | President and Chief Executive Officer | CEO of Garrett Motion Inc. since 2018, previously held leadership roles at Honeywell International Inc. including roles as President and CEO of the Transportation Systems division (July 2016 to 2018). | View Report → | |
Thierry Mabru ExecutiveBoard | Senior Vice President, Integrated Supply Chain | Director, Friction Material Pacific (FMP) Group Australia PTY Limited; Director, Friction Material Pacific (FMP) Group PTY Limited | Thierry Mabru is the Senior Vice President, Integrated Supply Chain at GTX since 2018. He previously served as Vice President, Global Integrated Supply Chain at Honeywell Transportation Systems from March 2013 to 2018. | |
Craig Balis Executive | Senior Vice President and Chief Technology Officer | Craig Balis is the Senior Vice President and Chief Technology Officer at GTX since 2018. He previously held executive roles at Honeywell Transportation Systems and Garrett Engine Boosting Systems, showcasing extensive experience in technology and engineering management. | ||
Daniel Deiro Executive | Senior Vice President, Global Customer Management, and General Manager Japan/Korea | Daniel Deiro has served as the Senior Vice President, Global Customer Management, and General Manager Japan/Korea at GTX since the spin-off from Honeywell in 2018. He previously served as Vice President of Customer Management and General Manager for Japan/Korea at Honeywell Transportation Systems from August 2014 until the spin-off, and as Senior Customer Management Director from April 2012 to August 2014. | ||
Fabrice Spenninck Executive | Senior Vice President & Chief Human Resources Officer | Fabrice Spenninck has served as the Senior Vice President & Chief Human Resources Officer at GTX since 2018 and brings extensive HR experience, having previously held roles such as Vice President of Human Resources at Honeywell Transportation Systems from August 2015 to 2018 and Vice President of Labor and Employee Relations from 2013 to 2015. | ||
Jérôme Maironi Executive | Senior Vice President, General Counsel, and Corporate Secretary | Jérôme Maironi has served as Senior Vice President, General Counsel, and Corporate Secretary at GTX since 2018, the year of the company's spin-off from Honeywell. Previously, he was Vice President of Global Legal Affairs for Honeywell Performance Materials and Technologies for five years. | ||
Joanne Lau Executive | Vice President, Chief Accounting Officer, and Corporate Controller | Joanne Lau is the Vice President, Chief Accounting Officer, and Corporate Controller at GTX since October 2021. She has extensive experience in finance and accounting, having previously held significant roles at Eurofins Scientific and WABCO Holdings Inc.. | ||
Pierre Barthelet Executive | Senior Vice President, Strategy, Business Development & Advanced Technologies | Pierre Barthelet is currently the Senior Vice President, Strategy, Business Development & Advanced Technologies at GTX since 2023, responsible for developing and deploying the company's growth and profitability strategy. Previously, he served as Senior Vice President, Marketing & Product Management from 2018, contributing to the company's commercial growth and innovation. | ||
Sean Deason Executive | Senior Vice President and Chief Financial Officer | Sean Deason has been serving as the Senior Vice President and Chief Financial Officer of GTX since June 15, 2020. Previously, he held leadership roles including CFO and Controller at WABCO Holdings Inc. from April 2019 to June 2020. | ||
D’Aun Norman Board | independent director | Director and Chair of the Audit Committee of PHINIA Inc. (NYSE: PHIN) | D’Aun Norman has served as an independent director at GTX since April 2021. She is a retired EY audit partner with over 30 years of experience in the automotive and industrial sectors. | |
Daniel Ninivaggi Board | Non-Executive Chairman of the Board | Director of Indivior PLC | Daniel Ninivaggi has served as Non-Executive Chairman of the Board at GTX since April 2021, bringing extensive leadership experience from prior roles such as CEO and board member at various companies. | |
Joachim Drees Board | Independent Director | CEO of Fran Haniel & Cie. GmbH; Managing Director at JD Invest & Advisory GmbH and Drees Beteiligungs GmbH; Director of Spree Acquisition Corp. 1 Ltd. | Joachim Drees is currently serving as an Independent Director at GTX since May 2024. He has extensive leadership experience, including his role as CEO of Fran Haniel & Cie. GmbH since October 2024 and past executive positions in the automotive industry. | |
Julia Steyn Board | Independent Director | Chief Commercial Officer at VectoIQ; Senior Advisor at McKinsey & Company; Director at Commonwealth Rolled Products; Director at Oxa Autonomy Limited; Non-Executive Board Member at Metalsa S.A. | Julia Steyn has been serving as an Independent Director at GTX since April 2021, also acting as Chair of the Talent Management and Compensation Committee and a member of the Audit Committee. Previously, she held leadership roles as Chief Commercial Officer at VectoIQ and Senior Advisor at McKinsey & Company, among other positions. | |
Kevin Mahony Board | Independent Director | Senior Managing Director at Centerbridge | Kevin Mahony has served as an independent director at GTX since January 2023 and is a designee of Centerbridge. He is also Senior Managing Director at Centerbridge with extensive experience in investment banking and private equity. | |
Paul Camuti Board | Independent Director | Paul Camuti is an independent director on the board of Garrett Motion Inc. since February 2024. He previously held executive roles at Trane Technologies, Ingersoll Rand, and Siemens AG, contributing extensive expertise in technology and sustainability. | ||
Robert Shanks Board | Director on the Board | Robert Shanks has been serving as a director on the Board of Garrett Motion Inc. since April 2021 and is Chair of the Audit Committee. Previously, he served as Executive Vice President and CFO at Ford Motor Company from April 2012 to May 2019. | ||
Steven Tesoriere Board | Director | Co-Portfolio Manager and Managing Director at Oaktree Capital Management LP | Steven Tesoriere has served as a Board Director at GTX since April 2021 and participates on the Finance, Talent Management and Compensation, and Nominating and Governance Committees. He is also the Co-Portfolio Manager and Managing Director at Oaktree Capital Management LP, bringing extensive experience from previous roles at Altai Capital Management and other institutions. |
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Given that gasoline turbocharger sales are growing at the expense of lower margins, how are you planning to adjust your product mix or initiative strategy to combat margin dilution while maintaining robust volume growth?
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You mentioned full tariff recovery this quarter; what specific contingency plans do you have in place if there are unexpected changes in tariff policies that undermine this recovery?
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With a free cash flow conversion of 98% this quarter and a non-linear share repurchase strategy, can you detail the criteria used to determine the timing and scale of repurchases versus other capital allocation priorities?
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The secured $1 billion in light vehicle turbo program extensions provides significant revenue visibility; what measures are you taking to mitigate execution risks and ensure profitability in a competitive market landscape?
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Your updated 2025 outlook relies on favorable foreign currency impacts; what are the main risks if currency trends reverse, and how do you plan to adjust your forecast for net sales and adjusted EBIT in such a scenario?
| Customer | Relationship | Segment | Details |
|---|---|---|---|
BMW | Largest OEM customer | All | 12% of FY2024 net sales ($401M) |
Ford | Second-largest OEM customer | All | 10% of FY2024 net sales ($354M) |
Recent press releases and 8-K filings for GTX.
- Garrett Motion reported strong Second Quarter 2025 financial results, including net sales of $913 million and net income of $87 million.
- The company generated $121 million of Adjusted free cash flow and returned capital to shareholders through $22 million in share repurchases and a $0.06 per share quarterly dividend.
- Garrett Motion raised its full-year 2025 outlook for key financial measures, including net sales (to $3.4 billion to $3.6 billion) and net income (to $233 million to $278 million).
- Key business achievements included securing over $1 billion in light vehicle turbo program extensions and advancing zero-emission technologies.