Oscar B. (Bud) Marx III served as Chairman of the Board of Gentherm Inc., a $1 billion NASDAQ company supplying the global auto industry with proprietary seat cooling and heating products, from 1999 until his retirement in May 2017. As Chairman, he led the Company’s rapid organic growth and its acquisition and subsequent integration of its much larger German competitor, W.E.T.
Marx previously was President and CEO from 1995-2002 of TMW Enterprises, a $500 million private venture capital firm located in Troy, Michigan. In 1994, after 32 years of service, he retired from Ford Motor Company as Vice President of its $15 billion Automotive Components Group (currently known as Visteon).
Marx is presently Chairman of the Board of QBI, a bioengineering startup employing bacteria to sense metals and toxins in water. He is also CEO of GenCirq, a biomedical startup engineering bacteria to invade and attack cancer tumors. He is an honors graduate of Princeton University and has an MBA in Finance from the Kellogg School at Northwestern University.