Modine Manufacturing Co. plans to adopt Modexus Solutions after its Performance Technologies Spinoff and Gentherm merger, with closing expected on October 1. The proposed name requires Shareholder approval, while the company expects the NYSE ticker MOD, current Leadership and board to remain unchanged.

Key Highlights

  • Modexus Solutions is expected to continue trading on the New York Stock Exchange under MOD.
  • Neil D. Brinker and Michael Lucareli are expected to remain CEO and CFO after closing.
  • Modexus Solutions is the planned name after the Performance Technologies spinoff and Gentherm Merger are completed.
  • Modexus Solutions is expected to retain Modine’s current New York Stock Exchange ticker, MOD.

Modexus Name Follows Spinoff

and Merger The new name will apply after the Performance Technologies spinoff and Gentherm (NASDAQ: THRM) merger are completed. Once effective, Modexus Solutions is expected to retain Modine (NYSE: MOD)’s current New York Stock Exchange ticker, MOD. Modine said the name was chosen to carry forward its heritage while highlighting connected thermal systems and solutions.

Closing Sets Path

to Shareholder Vote The transaction received overwhelming approval from Gentherm shareholders at a special meeting held on September 10, 2026. Completion remains conditional on the satisfaction or Waiver of customary closing conditions. Neil D. Brinker is expected to continue as chief executive officer, while Michael Lucareli is expected to remain chief financial officer. The existing Board of Directors is also expected to continue after closing. The timing and details of that meeting will be announced later.