Gates Industrial Corporation plc (NYSE: GTES, “Gates”) has appointed John Patouhas as Senior Vice President & Chief Accounting Officer, effective June 17, 2024. Patouhas brings significant manufacturing finance leadership experience from his previous role as Vice President, Chief Accounting Officer for automotive components manufacturer Tenneco. He has also held positions at companies including Federal Mogul, Altair Engineering, TRW, Hayes Lemmerz, and Collins & Aikman.
Patouhas began his career in public accounting as an auditor with Deloitte, where his clients included General Motors and Detroit Diesel. With an MBA and BBA in Accounting from Wayne State University, Patouhas has a robust understanding of financial systems, processes, and programs necessary to optimize the accounting function in a global manufacturing environment.
Gates Industrial Corporation plc is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. The company offers a broad portfolio of products to diverse replacement channel customers and original equipment manufacturers across various industrial and consumer markets in more than 130 countries.
The previous Chief Accounting Officer's metrics need to be compared with the new Chief Accounting Officer's metrics to understand the impact of the change. As a result of these announcements, the company's shares have moved -0.2% on the market, and are now trading at a price of $16.04. If you want to know more, read the company's complete 8-K report here.
