The company announced a planned board leadership transition. Non-Executive Chairman Paul D. Donahue will retire at the 2026 annual meeting. Current President and CEO Will Stengel has been appointed to the additional role of Chairman of the Board, effective upon Donahue's retirement. The news article also references broader industry scrutiny on cash flow and financial practices following the collapse of another auto-parts supplier, but this is contextual industry commentary, not a direct statement about the company's own financials.