Garmin Ltd. (NYSE: GRMN) has announced the appointment of Patrick Desbois and Brad Trenkle as co-Chief Operating Officers (co-COO), effective July 1, 2024. Desbois, who joined Garmin in 2011, will oversee the company's aviation and auto OEM segments, global supply chain and operations, information technology, and human resources. Trenkle, who has been with Garmin since 2002, will be responsible for the company's consumer business segments, engineering innovation and support, global consumer sales, marketing, and creative.
Desbois, previously the Executive Vice President of Operations, has been instrumental in overseeing global operations, communications, consumer marketing, human resource management, and information technology. Trenkle, who started as a software engineer, has contributed significantly to the development of various product lines and was promoted to Vice President of Garmin's outdoor segment in 2017.
The President and CEO of Garmin, Cliff Pemble, expressed excitement about Desbois and Trenkle expanding their leadership responsibilities. Pemble emphasized the company's dedication to serving customers with highly differentiated products and the belief in future growth opportunities.
Garmin's expansion of its executive leadership team comes as the company continues to evolve and pursue new opportunities in its diverse markets. With over 20,000 associates worldwide, Garmin appears poised for a bright and successful future under the guidance of its new co-COOs. As a result of these announcements, the company's shares have moved 0.5% on the market, and are now trading at a price of $162.32. For the full picture, make sure to review Garmin's 8-K report.
