Delphi Technologies
 | |
| Company type | Public limited company |
|---|---|
| Industry | Computer Programming Services  |
| Website | www |
On December 5, 2017 Delphi Automotive renamed itself Aptiv and spun off its powertrain and aftermarket related businesses to a stand-alone company Delphi Technologies PLC. The $4.5 billion company began trading under the former Delphi Automotive symbol DLPH on the New York Stock Exchange.[1][2][3] It was added to the S&P MidCap 400 Index on Dec. 6, 2017.[4]
The company provides combustion systems, electrification products and software and controls, and operates in the passenger car and commercial vehicle markets, and in vehicle repair through a global aftermarket network.[1] The company has 20,000 employees including 5,000 engineers. It is headquartered in London, U.K. and operates technical centers, manufacturing sites and customer support services in 24 countries.[1]
Upon the formation of Delphi Technologies, Liam Butterworth, head of the former Delphi Automotive's global powertrain business since 2014, was named CEO[5]. In October 2018, he left the company and director and former Tenneco COO Hari Nair was named interim CEO.[6] On January 7, 2019, Richard Dauch was named new CEO[7].
References
- ^ a b c "Delphi Technologies completes spinoff into Powertrain and Aftermarket focused stand-alone company". Dec 5, 2017.
- ^ "Delphi Automotive Splits Into Two".
- ^ "Detroit News: Delphi split aiming to reckon technology, value".
- ^ "Delphi Technologies Set to Join S&P MidCap 400 and Frontier Communications to Join S&P SmallCap 600" (PDF). US: S&P Dow Jones Indices. 28 November 2017. Retrieved 28 November 2017.
- ^ "CEO Butterworth: Delphi Tech is not old tech".
- ^ "Delphi Tech says CEO steps down, cuts full-year forecasts".
- ^ "Delphi Tech names Richard Dauch as CEO".
External Links
- Business data for Delphi Technologies plc:
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