- Automotive technology provider Garrett Motion Inc (NYSE: GTX) announced Sean Deason has been named Chief Financial Officer (CFO)
Automotive technology provider Garrett Motion Inc (NYSE: GTX) announced Sean Deason has been named Chief Financial Officer (CFO), effective June 30, 2020, or upon the receipt of the requisite relocation work permits. Deason was previously the CFO of WABCO Holdings Inc., which a leading global supplier of advanced technologies for commercial vehicles that was acquired in May 2020. And Deason will assume responsibilities as the principal financial officer of Garrett from Peter Bracke — who served as Interim CFO for Garrett since September 2019 and will remain with the company in the newly created position of Chief Transformation Officer.
“Sean’s impressive record of contributions as a financial analyst, strategist, and senior leader is a welcome addition to our already talented Garrett senior leadership team,” said Garrett President and CEO Olivier Rabiller. “He brings more than 20 years of financial leadership developed from experiences with a diverse set of successful companies within the automotive industry. Sean’s talents and perspectives will positively influence Garrett’s businesses as we support the near-term recovery of the industry from the COVID pandemic and the long-term growth of the industry with new technologies and innovations.”
Deason is coming to Garrett having served as the CFO of WABCO since April 2019, following his role as WABCO Vice President, Investor Relations, and Controller — which he held since June 2015. And prior to joining WABCO, Deason spent four years with Evraz N.A., a steel products manufacturer where he served as vice president of Financial Planning and Analysis. Plus Deason also worked 12 years with Lear Corporation where he held several finance, treasury, and corporate planning roles covering multiple areas.
“I am excited for the opportunity to join Garrett which has earned its reputation as the leader for turbocharger and boosting technology, as well as positioned itself to lead the industry into new technology sectors including electrification, fuel cells and connectivity software,” explained Deason. “I believe Olivier and the entire Garrett board of directors have done a great deal to position the company for growth and I am looking forward to be a part of that continued success.”
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