Following this news, shares of Adient plunged more than 17% in early market trading. He previously served as executive vice president and vice chairman of Johnson Controls, Inc., a global manufacturer of automotive, power, and building solutions from 2014 to 2016. Adient plc is an Irish-domiciled manufactures automotive seating for customers worldwide and is based in Plymouth, Michigan, United States. ::::: x Civil Action No. ADIENT PLC, R. BRUCE MCDONALD, JEFFR( Y M. STAFEIL, Defendants. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. R. Bruce McDonald has stepped down from his role as chairman and CEO of Adient plc, the automotive seating business spun off from Johnson Controls in … R. Bruce McDonald is the retired chairman and chief executive officer of Adient plc., a global automotive supplier. "Bruce McDonald made significant contributions during the formation of Adient plc to ensure a successful spin-off," said Barth. Shares of Adient plc (NYSE: ADNT) declined from $85.92 per share in October 2017 to as low as $47.03 per share on June 11, 2018. Multiple analysts have either downgraded or cut their stock projection for Adient (NYSE: ADNT) in the wake of a guidance cut from the company that coincided with CEO R. Bruce McDonald… https://www.adient.com/about-us/executive-team/renee-mcleod The stock performance is charted as cumulative percent change in share price. The following charts show the stock performance of Adient plc subsequent to each open-market, non-planned trade made by R Bruce McDonald. Adient CEO McDonald … CLASS ACTION COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS DEMAND FOR JURY TRIAL Case 1:18-cv-09116 Document 1 Filed 10/04/18 Page 1 of 29 - 1 - Plaintiff, Julio Barreto ( Plaintiff ), by and through his attorneys, alleges in this Complaint against Adient plc ( Adient ) and certain of its … R Bruce McDonald is Former Chairman/CEO at Adient PLC. See R Bruce McDonald's compensation, career history, education, & memberships. " Bruce McDonald made significant contributions during the formation of Adient plc to ensure a successful spin-off," said Barth. “Bruce McDonald made significant contributions during the formation of Adient plc to ensure a successful spin-off,” said Barth. On June 11, 2018, Adient announced that Chief Executive Officer R. Bruce McDonald is stepping down, and the company slashed its profit forecast for the year. Bruce McDonald will remain as an adviser until Sept. 30, receiving his $1.5 million salary and a $250,000 in relocation expense.
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