PHINIA Inc. reported Q2 2026 revenue growth of 5.6%, driven by strong demand in Fuel Systems and Aftermarket segments, supported by an aging global vehicle fleet. Adjusted EPS increased 20.5%, attributed to robust segment performance and successful integration of the SEM acquisition, which delivered a 16.6% margin. The company announced the acquisition of stoba Group, expected to close in Q4 2026. The deal will vertically integrate high-precision component manufacturing and expand exposure to aerospace, defence, and semiconductor markets, adding approximately $80 million in third-party revenue. PHINIA raised its free cash flow outlook to $210 million to $250 million, reflecting improved working capital efficiency. Full-year revenue guidance was refined to $3.57 billion to $3.67 billion, with adjusted EBITDA guidance of $485 million to $515 million.

PHINIA appoints Daniel Griffin global aftermarket vice president. Griffin succeeds Neil Fryer, who will retire effective Sept. 30, 2026, following a long-planned transition. Mary is the Content Director for AftermarketNews/Counterman, and has been with Babcox Media for 38 years, serving in various editorial roles on several of the company's brands. Published: July 15, 2026 PHINIA Inc., a diversified industrial supplier and global provider of fuel systems, electrical systems and aftermarket solutions, announced the appointment of Daniel Griffin as global vice president, aftermarket, effective July 6, 2026. In this role, Griffin will report directly to Brady Ericson, president and chief executive officer, and will be based in Auburn Hills, Michigan. Leadership transition. Griffin succeeds Neil Fryer, who will retire effective Sept. 30, 2026, following a long-planned transition. Fryer will work closely with Griffin during the transition period to ensure continuity for customers, partners and employees. Executive comments. "Dan is a proven leader with deep experience across the automotive and aftermarket sectors, a strong commitment to customers, and a track record of building high-performing teams," said Ericson. "His leadership experience, collaborative approach, and passion for operational excellence make him uniquely qualified to lead our global aftermarket business as we continue to strengthen our market position and create value for customers worldwide. We are excited to welcome Dan to the PHINIA team and look forward to the leadership and expertise he will bring to the organization. I would also like to thank Neil Fryer for his outstanding leadership and many contributions to PHINIA. His impact has helped shape our Aftermarket business and has been an important part of PHINIA's growth and evolution since becoming an independent company." Role and priorities. As global vice president, Aftermarket, Griffin will have accountability for the operational, financial and cultural performance of PHINIA's global aftermarket business. He will focus on strengthening customer partnerships, driving commercial excellence and supporting the long-term growth and competitiveness of the business, the company said. Experience. Griffin brings global leadership experience and a record of supporting business growth, leading teams and driving continuous improvement. Prior to joining PHINIA, he held senior leadership roles at Dana Incorporated, including vice president, commercial vehicle & aftermarket North America, and vice president, global aftermarket & digital solutions. Earlier in his career, he held leadership positions spanning commercial strategy, operations, original equipment and aftermarket businesses across multiple regions. Griffin statement. "I am honored to join PHINIA and lead its global aftermarket organization," said Griffin. "PHINIA has a strong portfolio of trusted brands, a talented global team, and a longstanding commitment to serving customers. I look forward to building on that foundation and working alongside our teams and partners to support the continued growth and success of the business."

PHINIA appoints global aftermarket vice president. Daniel Griffin will take full responsibility for the financial, operational and cultural performance of the global aftermarket business. Parts supplier PHINIA has appointed Daniel Griffin (pictured) as global aftermarket vice president, as Neil Fryer retires at the end of September. Griffin will take full responsibility for the financial, operational and cultural performance of the global aftermarket business. Until Fryer's retirement on 30th September, the pair will work together to ensure continuity for customers, partners and employees. PHINIA said Griffin has extensive global leadership experience and a strong record of supporting growth, from previous roles at Dana Incorporated, including president of global aftermarket and digital solutions. Brady Ericson, president and CEO at PHINIA, said: "Dan is a proven leader with deep experience across the automotive and aftermarket sectors, a strong commitment to customers, and a track record of building high-performing teams. "His leadership experience, collaborative approach, and passion for operational excellence make him uniquely qualified to lead its global aftermarket business as Motortradenews continue to strengthen its market position and create value for customers worldwide. "Motortradenews is excited to welcome Dan to the PHINIA team and look forward to the leadership and expertise he will bring to the organization. "I would also like to thank Neil Fryer for his outstanding leadership and many contributions to PHINIA. His impact has helped shape our aftermarket business and has been an important part of PHINIA's growth and evolution since becoming an independent company." Griffin said: "I am honored to join PHINIA and lead its global aftermarket organization. PHINIA has a strong portfolio of trusted brands, a talented global team, and a longstanding commitment to serving customers. "I look forward to building on that foundation and working alongside our teams and partners to support the continued growth and success of the business."