Charles Kummeth is the CEO of Gentherm, a company specializing in thermal management technologies. He has been leading the company since August 2018 after being appointed to the Board of Directors. Kummeth holds a Bachelor's degree in Business Administration from...
Charles Kummeth is the CEO of Gentherm, a company specializing in thermal management technologies. He has been leading the company since August 2018 after being appointed to the Board of Directors. Kummeth holds a Bachelor's degree in Business Administration from the University of Minnesota and has extensive experience in the business field, particularly in leadership roles. Before joining Gentherm, he was the CEO of Bio-Techne Corporation. One interesting aspect of his tenure at Gentherm is his unique performance-based compensation model which aligns his interests with the company's growth. In 2022, he earned $1.9 million, which included a significant bonus tied to the company's financial performance. Kummeth is also quite invested in his company—his stock holdings peaked at around $170 million, showcasing his commitment to Gentherm. His approach is data-driven, focusing on metrics like revenue and EBITDA to guide business decisions.