Nexteer Appoints COO, CTO in Executive Reshuffle; Shares Slip 3%

MT Newswires Live

05/20

Nexteer Automotive (HKG:1316) said Robin Milavec stepped down as chief technology officer and was appointed global chief operating officer effective May 16, according to a Tuesday Hong Kong bourse filing.

Shares of the automotive parts maker were down nearly 3% in Wednesday morning trade.

Milavec will continue to serve as executive director and president of the company.

Nexteer appointed Jun Li, currently senior vice president, chief strategy officer, and APAC divisional president, as chief technology officer, effective May 16.

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