Modine Manufacturing Company Announces Resignation Of Holger Schwab
Modine Manufacturing Company announced that Holger Schwab, vice president of the Vehicular Thermal Solutions (VTS) business segment, will resign from Modine. Mr. Schwab will be transitioning to another company that does not compete directly with Modine.
Tom Burke, president and CEO of Modine, stated: "I thank Holger for his leadership over the last five years, and wish him well in his future endeavors. During Holger's tenure, the VTS segment has successfully become a truly global organization, and a critical piece of Modine's long-term strategy of Strengthen, Diversify and Grow. Combining that robust strategy, the strong succession planning options available to Modine, and the depth of our leadership capability, I remain excited about the future of both the VTS segment and the company as a whole.