The current chief executive of Aerospace Kevin Cummings will succeed Stein from 1 January 2018.
Stein joined GKN in 1994 and became a board director in August 2001. He has held the roles of group finance director and chief executive of automotive before being appointed chief executive in January 2012.
Cummings joined GKN Aerospace in North America in 2008 and stepped up to the role of chief executive of aerospace in January 2014. He was appointed to the board in January 2016.
Says GKN chairman Mike Turner: “During his tenure as chief executive, Nigel has overseen the transformation of the group, greatly expanding the aerospace division and moving driveline into electric drive.
“He has been instrumental in GKN’s substantial growth. I would like to extend my personal gratitude to Nigel and I’m sure I speak for everyone at GKN in wishing him every success for the future.”
GKN chief to step down
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The chief executive of GKN Nigel Stein will retire at the end of December and step down as director on 14 March 2018.
