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BorgWarner appoints CEO

BorgWarner Inc. said in a June 7 release that it appointed Frederic Lissalde as president, CEO and director of the company, effective Aug.1.

Lissalde will succeed James Verrier who is retiring as president and CEO, effective Aug.1, but will remain in a non-executive advisory role to the board and the CEO during the transition until his retirement in February 2019.

Lissalde held various positions during his 19 years with the company and is currently EVP and COO.