Adient board member Peter Carlin steps down Oct. 1 and becomes CFO on Nov. 16, replacing Mark Oswald
Peter Carlin is leaving Adient's board on Oct. 1, 2026, and will take over as executive vice president and chief financial officer on Nov. 16, succeeding Mark Oswald.
- Oct. 1, 2026
- Nov. 16, 2026
- 7 directors
- 2018
What Happened
Adient, the Plymouth, Michigan-based automotive seating supplier traded on the NYSE under ADNT, announced that Peter Carlin will step down from its board of directors on Oct. 1, 2026, and join the company initially as vice president, finance. He will then be appointed executive vice president and chief financial officer effective Nov. 16, 2026. His appointment follows the departure of Mark Oswald as executive vice president and chief financial officer, also effective Nov. 16, 2026. The board has also acted to reduce its size to seven directors, effective as of Carlin's resignation on Oct. 1, 2026.
Peter Carlin steps down from Adient's board of directors and joins the company initially as vice president, finance. The board's size is reduced to seven directors effective as of his resignation.
Carlin is appointed executive vice president and chief financial officer, and Mark Oswald departs as executive vice president and chief financial officer.
“Peter has served on our Board since 2018, providing valuable insights and counsel to the management team and his colleagues on the board. On behalf of the leadership team and board, we thank Peter for his significant contributions to Adient to date and look forward to continuing to work with him in his new executive officer role.”
“I want to thank and recognize both Peter and Mark for their contributions to Adient over the years. Their efforts with the board and leadership team have helped to steward the company's legacy of strong customer relationships and operational excellence. I look forward to welcoming Peter to our management team as we build on the company's positive momentum and continue to drive the business forward.”
7directors
Effective as of Peter Carlin's resignation from the board on Oct. 1, 2026.
Previously from Adient PLC
In August 2026, Adient reported $25 million in Q3 GAAP net income and reaffirmed its fiscal-year 2026 earnings and free cash flow forecasts despite $32 million in temporary headwinds. That financial backdrop frames the CFO transition announced today, with the incoming finance chief taking over a company that had just restated its full-year guidance.
Background drawn from MotorClaw's earlier coverage of Adient PLC's official releases.
Why this matters
Adient is a major automotive seating supplier, so a change at the top of its finance organization and a smaller board are governance and leadership shifts that touch the company, its shareholders and the teams that report into its finance function. The announcement sets out a two-step handover, with Carlin moving from the board into management before formally taking the CFO title.
Terms in This Story
- chief financial officer (CFO)
- The senior executive responsible for a company's financial strategy, reporting, budgeting and investor-facing financial results.
- board of directors
- The group elected to oversee a company's management on behalf of shareholders, with responsibilities such as appointing executives and approving major decisions.
- NYSE
- The New York Stock Exchange, a major U.S. stock exchange where shares of listed companies such as Adient trade.
Summarised from the linked release; details can be imperfect — always verify against the original source.