Gentherm announced that Laura Kowalchik has been appointed to the Company?s Board of Directors as New Independent Director, effective December 1, 2023. Kowalchik is the Chief Financial Officer of Communications & Power Industries LLC where she oversees the finance and accounting departments and is actively involved in strategy, M&A and restructuring activities. Prior to joining CPI, Kowalchik served as the Chief Financial Officer of Dayco Incorporated, a global manufacturer and distributor of engine drive systems and aftermarket services for automotive, heavy-duty, and industrial markets.

Before Dayco, she served as the Chief Financial Officer of Kenwal Steel Corp., a flat rolled steel service center primarily for the automotive industry. Kowalchik served as the Chief Financial Officer and Treasurer of Urban Science, a global automotive consultancy and technology firm, prior to joining Kenwal Steel, where she was responsible for transforming the finance organization. Kowalchik currently serves on the Board of Trustees of The Children?s Foundation, and its Finance and Audit Committee.

She has a Bachelor of Science in Business Administration from the University of Richmond and a Master of Business Administration from Indiana University.