Borg Warner promotes Lissalde

BorgWarner has appointed company veteran Frédéric Lissalde above to executive vice president and chief operating officer, where he will be responsible for the operations of the group, with the various business presidents reporting to him. Lissalde himself, who has been with BorgWarner for 18 years, will report to James Verrier, president and chief executive officer. Lissalde was most recently president and general manager of BorgWarner’s largest business unit, turbo systems. Previously, he was vice president and general manager of transmissions systems and vice president of global sales and marketing of BorgWarner drivetrain systems – as well as managing several drivetrain operations in Europe before that. In a separate statement, the company said it is forecasting revenues of $11.5-11.8 billion to 2020, with organic growth of 5-7% over the next three years.

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