Garmin expands its executive leadership team

Rhea-AI Summary

Garmin (NYSE: GRMN) announced the appointment of Patrick Desbois and Brad Trenkle as co-Chief Operating Officers, effective July 1, 2024. Desbois will oversee aviation, auto OEM segments, global supply chain, IT, and HR, while Trenkle will manage consumer business segments, engineering, global consumer sales, marketing, and creative. Both will report to President and CEO Cliff Pemble, who will focus on long-term growth strategies. Desbois joined Garmin in 2011 and has held various leadership roles, including Executive Vice President of Operations. Trenkle has been with Garmin since 2002 and was promoted to Vice President of the Outdoor Segment in 2017.

Positive

• Appointment of experienced leaders to newly created co-COO roles.
• Desbois and Trenkle bring extensive industry knowledge and a history of leadership within Garmin.
• CEO Cliff Pemble will focus on long-term growth strategies.

Negative

• None.

Patrick Desbois and Brad Trenkle appointed as co-Chief Operating Officers

SCHAFFHAUSEN, Switzerland, June 24, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN), announced today that Patrick Desbois and Brad Trenkle have been appointed to the newly created role of co-Chief Operating Officer (co-COO), effective July 1, 2024. Desbois will provide executive oversight for Garmin's aviation and auto OEM segments, global supply chain and operations, information technology and human resources. Trenkle will provide executive oversight for Garmin's consumer business segments, engineering innovation and support, as well as global consumer sales, marketing and creative. Both leaders will report to Cliff Pemble, Garmin Ltd.'s President and CEO, who will focus on Garmin's long-term growth strategies, business and organizational development, and the finance and legal functions of the company.

Desbois joined Garmin as Vice President, Executive Office in 2011. He was promoted to Executive Vice President of Operations in 2017 and has been responsible for global oversight of operations, communications and consumer marketing, as well as human resource management and information technology. Prior to Garmin, Desbois was a senior director of engineering at Dell Computers, where he worked for 10 years, including two years on an expatriate assignment in Taiwan. Desbois earned a bachelor's degree in electrical engineering from George Mason University.  

Since joining Garmin in 2002 as a software engineer, Trenkle has contributed to the development of many product lines, particularly in Garmin's outdoor segment. He has served in a variety of leadership roles, including engineering management and providing leadership for some of Garmin's most consequential acquisitions. In 2017, Trenkle was promoted to Vice President of Garmin's Outdoor Segment. Trenkle earned a bachelor's degree in computer engineering from the University of Nebraska–Lincoln.

"Garmin is a unique company with significant operational scale that serves a diverse set of markets. We have leveraged growth opportunities that shaped us into the company we are today, and we have an amazing team of over 20,000 associates around the world who are dedicated to serving customers with highly differentiated products. We also believe that there are many more opportunities that lie ahead. I'm excited to have Patrick Desbois and Brad Trenkle expand their executive leadership responsibilities as co-COOs to help me lead Garmin to a bright and successful future." — Cliff Pemble, President and CEO

About Garmin International Inc.: Garmin International Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2023, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media contact:
Krista Klaus
Garmin Corporate Communications
913-440-1422
corporate.communications@garmin.com

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SOURCE Garmin Ltd.

FAQ

What new leadership roles were announced by Garmin on June 24, 2024?

Garmin announced the appointment of Patrick Desbois and Brad Trenkle as co-Chief Operating Officers, effective July 1, 2024.

What are the responsibilities of Patrick Desbois as Garmin's co-COO?

Patrick Desbois will oversee Garmin's aviation and auto OEM segments, global supply chain, IT, and HR.

What responsibilities will Brad Trenkle handle as Garmin's co-COO?

Brad Trenkle will manage Garmin's consumer business segments, engineering, global consumer sales, marketing, and creative.

When will Patrick Desbois and Brad Trenkle start their roles as co-COOs?

Patrick Desbois and Brad Trenkle will start their roles as co-COOs on July 1, 2024.

Who will Patrick Desbois and Brad Trenkle report to in their new roles?

Patrick Desbois and Brad Trenkle will report to Cliff Pemble, Garmin's President and CEO.

What is the stock symbol for Garmin?

Garmin's stock symbol is GRMN.