Garrett Motion Inc. Files Definitive Proxy Statement

Ticker: GTX · Form: DEF 14A · Filed: 2025-04-09T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, governance, sec-filing

TL;DR

Garrett Motion Inc. DEF 14A filed, proxy materials for May 22 meeting out.

AI Summary

Garrett Motion Inc. filed its definitive proxy statement on April 9, 2025, for its annual meeting on May 22, 2025. The filing, designated as DEF 14A, outlines the company's governance and shareholder matters. Garrett Motion Inc. is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This filing provides shareholders with crucial information regarding company leadership, executive compensation, and voting matters, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material financial information or strategic changes.

Key Players & Entities

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing is a definitive proxy statement required by the SEC, providing shareholders with information about matters to be voted on at an annual or special meeting, including director elections, executive compensation, and other corporate actions.

When is the shareholder meeting for Garrett Motion Inc.?

The shareholder meeting is scheduled for May 22, 2025.

What is the filing date of this proxy statement?

This definitive proxy statement was filed on April 9, 2025.

What is the Central Index Key (CIK) for Garrett Motion Inc.?

The Central Index Key for Garrett Motion Inc. is 0001735707.

Where is Garrett Motion Inc. incorporated?

Garrett Motion Inc. is incorporated in Delaware (DE).

From the Filing

0001140361-25-012950.txt : 20250409 0001140361-25-012950.hdr.sgml : 20250409 20250409083838 ACCESSION NUMBER: 0001140361-25-012950 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 65 CONFORMED PERIOD OF REPORT: 20250522 FILED AS OF DATE: 20250409 DATE AS OF CHANGE: 20250409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Garrett Motion Inc. CENTRAL INDEX KEY: 0001735707 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing EIN: 824873189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38636 FILM NUMBER: 25823910 BUSINESS ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 BUSINESS PHONE: 41-21-695-3000 MAIL ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 FORMER COMPANY: FORMER CONFORMED NAME: Garrett Transportation Systems Inc. DATE OF NAME CHANGE: 20180327 DEF 14A 1 ny20040109x771_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.   ) Filed by the Registrant ☒     Filed by a Party other than the Registrant    ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under §240.14a-12 GARRETT MOTION INC. (Name of Registrant as Specified In Its Charter) NOT APPLICABLE (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 TABLE OF CONTENTS   TABLE OF CONTENTS     The automotive industry faced many challenges in 2024. Despite this, Garrett strengthened its leadership position, securing more than 50% of available business while making significant progress toward electrification solutions, expanding into industrial applications, continuing to invest in innovation, and prioritizing shareholder returns. Leading Turbocharging Technology while Driving Zero-Emission Technologies In 2024, Garrett solidified its position as a global leader in turbocharging, securing key wins in light vehicle gasoline turbochargers across the U.S. and China, along with diesel turbo contracts in Europe and China, reinforcing our competitive edge. Our expansion into natural gas on-highway applications in China further supports cleaner transportation solutions, and we broadened our portfolio with Garrett MEG turbochargers for marine and backup power, with production targeted to begin in 2026. At the same time, we accelerated from prototype to production-ready, high-speed electric powertrains, with first launches targeted for 2027. Key partnerships, including a letter of intent with SinoTruk and validation testing with a major light vehicle OEM, demonstrate growing demand for our innovative E-powertrain solutions. We also expanded our fuel cell compressor portfolio, with Gen3 fuel cell compressors set to launch in 2025, reinforcing Garrett’s leadership in sustainable mobility. In 2024, Garrett’s dedication to innovation and customer satisfaction earned multiple industry accolades, including the Stellantis Innovation Award for advanced EV solutions. Celebrating 30 years in China, our Wuhan facility was named among the Top 10 Foreign Enterprises. Additionally, our sustainability efforts were recognized with an Ecovadis Silver award and strong climate performance ratings from CDP and ISS-ESG. Garrett continues to help shape a c

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