PHINIA (PHIN) elevates Pedro Abreu, renames segments Power Systems and Aftermarket Solutions
Rhea-AI Filing Summary
PHINIA Inc. approved leadership and segment changes aligned with its strategic priorities. On August 6, 2026, the Board of Directors approved that Pedro Abreu will transition from his role as Vice President and Chief Strategy Officer to serve as President, Power Systems, effective September 1, 2026. To reflect this focus, the Company’s Fuel Systems reportable segment will be renamed Power Systems, and the Aftermarket reportable segment will be renamed Aftermarket Solutions. Daniel Griffin will serve as President, Aftermarket Solutions, also effective September 1, 2026.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date of new roles: September 1, 2026
Board approval date: August 6, 2026
Par value per share: $0.01 per share
3 metrics
Effective date of new roles
September 1, 2026
Date when Pedro Abreu and Daniel Griffin assume new segment president roles
Board approval date
August 6, 2026
Date the Board of Directors approved the leadership transitions
Par value per share
$0.01 per share
Par value of PHINIA common stock listed on the New York Stock Exchange
Key Terms
reportable segment, Aftermarket Solutions, Power Systems
3 terms
reportable segment financial
"the Company’s Fuel Systems reportable segment will be renamed Power Systems"
A reportable segment is a distinct part of a company’s business that management tracks separately and for which separate financial results are published, like a company showing profit and sales for each product line or geographic region. It matters to investors because it breaks a complex business into readable pieces, letting you judge which parts drive growth, which are struggling, and where management allocates resources—similar to comparing performance across different store locations.
Aftermarket Solutions financial
"the Company’s Aftermarket reportable segment will be renamed Aftermarket Solutions"
Power Systems financial
"transition ... to serve as the Company’s President, Power Systems"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What leadership change did PHINIA (PHIN) announce on August 6, 2026?
PHINIA’s Board approved that Pedro Abreu will transition from Vice President and Chief Strategy Officer to President, Power Systems, effective September 1, 2026, reflecting an updated organizational structure around its reportable segments.
When will the PHINIA (PHIN) leadership and segment changes take effect?
The changes take effect on September 1, 2026. On that date, Pedro Abreu becomes President, Power Systems, and Daniel Griffin becomes President, Aftermarket Solutions, coinciding with the renaming of the Fuel Systems and Aftermarket reportable segments.
How are PHINIA’s (PHIN) reportable segments being renamed?
PHINIA’s Fuel Systems reportable segment will be renamed Power Systems, and its Aftermarket reportable segment will be renamed Aftermarket Solutions, effective September 1, 2026, to reflect the company’s stated strategic priorities.
What new role will Daniel Griffin hold at PHINIA (PHIN)?
Daniel Griffin will serve as President, Aftermarket Solutions, effective September 1, 2026. This role aligns with the renaming of the Company’s Aftermarket reportable segment to Aftermarket Solutions on the same effective date.
Which exchange is PHINIA (PHIN) common stock listed on?
PHINIA’s common stock, par value $0.01 per share, trades under the symbol PHIN on the New York Stock Exchange, as indicated in the company’s registration of securities under Section 12(b) of the Exchange Act.