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Harold Bevis

President & Chief Executive Officer, Nn

Search every verified Harold Bevis interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Harold Bevis, President and CEO of NN Inc., presented at the Gabelli 49th Annual Automotive Symposium in November 2025 and the Noble Capital Markets Virtual Conference in July 2025. At the Gabelli event, Bevis described NN as a small-cap turnaround company requiring both operational and financial engineering. He noted that the company had roughly $110 million of sales that were unprofitable and that some plants lost money, and he stated that the process of working through those issues was nearing completion going into the next year. He also mentioned that a 49% joint venture stake, which contributed around $9 million to other income, could potentially be sold, citing a recent similar transaction by Deutsche Bank in the company's area. At the Noble Capital conference, Bevis discussed NN's repositioning and transformation program, highlighting that he, CFO Chris Boner, and COO Tim French had previously worked together on transformations. He said the company had delivered seven quarters of results and was at an inflection point with its first batch of new programs launched under the current leadership. Bevis provided forward guidance for the year, projecting net sales of $430 to $460 million and adjusted EBITDA of $53 to $63 million, roughly flat revenue on a pro forma basis versus fiscal 2024. He also noted that Europe was moving supply chains to China, and NN was participating in large movements of part manufacturing from Europe to China, with a profitable China business that self-funds and sends cash back to pay down U.S.-domiciled loans. He mentioned that the company had extended its term loan by five years in April and was evaluating options for its preferred stock, which carried an interest rate around 12.5%.

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