On January 19, 2026, Dorman Products announced four senior executive appointments designed to accelerate its growth trajectory. Charles W. Rayfield joins as Senior Vice President and CFO designate, succeeding David M. Hession upon the filing of Dorman’s 2025 Form 10-K. Rayfield brings more than 25 years of experience, most recently serving as CFO at Lutron Electronics and previously at Knoll Inc. Nathan J. Porter assumes the role of Chief Operations Officer, overseeing distribution, manufacturing, logistics and sourcing across both Light Duty and Heavy Duty segments. Porter’s operational pedigree includes prior COO leadership at ADI Global Distribution and executive roles at Collins Aerospace and General Motors. Meanwhile, internal promotions elevate Eric B. Luftig to President of Light Duty and install Steven A. Bashir as President of Heavy Duty, replacing retiring John R. McKnight. Luftig, with 30 years of global product leadership experience, will drive commercial strategy, while Bashir, formerly Head of U.S. & Canada Sales at ZF Services, will lead the Heavy Duty product portfolio and go-to-market initiatives.

In the third quarter of fiscal 2025, Dorman delivered revenue growth of 7.4% year-over-year to $450 million, driven primarily by tariff-induced price increases in the Light Duty segment; unit volumes advanced just 1.2%, reflecting modest end-market demand. Adjusted net income surged 18% to $85 million, while adjusted EBITDA rose 15% to $120 million, benefiting from supplier diversification and disciplined pricing actions. Despite some softness in Heavy Duty volume, management reaffirmed full-year guidance of mid-single-digit revenue growth and margin expansion of 50–75 basis points, citing robust order backlogs and new product launches slated for H2 2026. Given these results and the company’s strengthened leadership team, analysts maintain a Hold rating, viewing the stock as fairly valued relative to peers in the automotive aftermarket space.