since May 2018 and is currently the President and Chief Executive Officer of Allison and has served in that capacity since June 2018. Graziosi has served as a director of Allison Transmission Holdings, Inc. “I cannot thank Larry enough for his mentoring and guidance as I transitioned into the CEO position and now as I step into the role of Chairman.” “It is an honor to be elected to the Chairman position and I thank the board for the confidence they have in me,” said Graziosi. “We now look forward to supporting Dave as he transitions into the Chairman position and guides us as we continue to drive business growth for Allison Transmission.” Rabaut, lead independent director of the board and chairman of the Nominating and Corporate Governance Committee for Allison. “The board of directors is extremely grateful for Larry’s leadership and dedication to this company,” said Thomas W. Graziosi to succeed Dewey as the next Chairman of the Board following the 2021 annual meeting of stockholders. As the longest-serving head of Allison in its 100 year-plus history, he oversaw the company’s transition from being a division of General Motors Co., to becoming an independent company with private equity ownership, to offering equity on the New York Stock Exchange in an IPO in 2012 and then transitioning to an independent public company.Īllison also announced that its board of directors has selected current board member and President and CEO David S. Dave Graziosi, together with members of his management team, and the board of directors are well positioned to meet the challenges and capitalize on the opportunities for the future for the benefit of all Allison Transmission stakeholders,” said Dewey.ĭewey retired as CEO in May 2018 following a career spanning 44 years. We as the board of directors have successfully executed the transition plan for the role of Allison Transmission CEO in 2018 and now the role of Chairman of the Board. "I’m honored to have served on Allison's board of directors from its inception nearly 14 years ago. Dewey joined the board in October, 2007 as Allison Transmission’s President, CEO and Chairman following the purchase of the Allison business by The Carlyle Group and Onex Corporation. Dewey has notified the company's board of directors of his decision to not stand for re-election at the company's 2021 annual meeting of stockholders. (NYSE: ALSN) announced today that Lawrence E. 16, 2021 – Allison Transmission Holdings Inc. With their collaboration and expertise, we are sure we are going to bring IGD to a completely new level of design, simulation, and manufacturing capabilities.INDIANAPOLIS, Feb. We are very proud to have Allison Transmission as a member of the RIT’s Gear Research Consortium. Allison Transmission has regional offices all over the world and manufacturing facilities in Indianapolis, Chennai, India, and Szentgotthárd, Hungary. Allison Transmission’s products are specified by more than 300 of the world's leading vehicle manufacturers and are used in a wide range of market sectors including bus, fire, construction, distribution, defense, and specialty applications.Īllison was founded in 1915 in Indianapolis, Indiana, where the company's global headquarters is still located. Allison Transmission is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses. RIT and the Gear Research Laboratory welcome Allison Transmission as a new member of the RIT's Gear Research Consortium.
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