On July 30, 2026, BorgWarner Inc.'s Board of Directors increased its size from eight to nine members and appointed Rajesh Kalathur as an independent director. Mr. Kalathur previously served as President of John Deere Financial and Chief Information Officer at Deere & Company. Concurrently, the Board declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on September 15, 2026, to stockholders of record on September 1, 2026. BorgWarner Inc. operates in the automotive industry as a global supplier of powertrain and emissions technologies.
