Delphi Technologies

Delphi Technologies
Public limited company
Traded as
Website https://www.delphi.com

On December 5, 2017 Delphi Automotive renamed itself Aptiv and spun off its powertrain and aftermarket related businesses to a stand-alone company Delphi Technologies PLC. The $4.5 billion company began trading under the former Delphi Automotive symbol DLPH on the New York Stock Exchange.[1][2][3] It was added to the S&P MidCap 400 Index on Dec. 6, 2017.[4]

The company provides combustion systems, electrification products and software and controls, and operates in the passenger car and commercial vehicle markets, and in vehicle repair through a global aftermarket network.[1] The company has 20,000 employees including 5,000 engineers. It is headquartered in London, U.K. and operates technical centers, manufacturing sites and customer support services in 24 countries.[1]

Upon the formation of Delphi Technologies, Liam Butterworth, head of the former Delphi Automotive's global powertrain business since 2014, was named CEO[5]. In October 2018, he left the company and Hari Nair was named interim CEO.[6]

References

  1. 1 2 3 "Delphi Technologies completes spinoff into Powertrain and Aftermarket focused stand-alone company". Dec 5, 2017.
  2. ↑ "Delphi Automotive Splits Into Two".
  3. ↑ "Detroit News: Delphi split aiming to reckon technology, value".
  4. ↑ "Delphi Technologies Set to Join S&P MidCap 400 and Frontier Communications to Join S&P SmallCap 600" (PDF). US: S&P Dow Jones Indices. 28 November 2017. Retrieved 28 November 2017.
  5. ↑ "CEO Butterworth: Delphi Tech is not old tech".
  6. ↑ "Delphi Tech says CEO steps down, cuts full-year forecasts".


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