Adient announced that Doug Del Grosso has elected to retire as president, chief executive officer (CEO) and a director of Adient's Board of Directors, effective December 31, 2023. Upon Del Grosso's retirement, Jerome Dorlack, currently Adient's executive vice president and chief financial officer (CFO), will be appointed president and CEO as well as a member of Adient's board. Mark Oswald, currently Adient's vice president, treasurer, investor relations and corporate communications, will be appointed executive vice president and CFO, succeeding Dorlack.