ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On February7, 2018, James A. Star notified the Board of Directors (“Board”) of Allison Transmission Holdings, Inc. (the “Company”) of his decision not to stand for re-election at the Company’s 2018 annual meeting of stockholders. Mr.Star’s decision not to stand for re-election was not as a result of any disagreement with the Company. Mr.Star will continue to serve as a director and as a member of the Compensation Committee of the Board until his current term expires at the 2018 annual meeting of stockholders to be held on May9, 2018.
On February7, 2018, Francis Raborn notified the Board of the Company of his decision not to stand for re-election at the Company’s 2018 annual meeting of stockholders. Mr.Raborn’s decision not to stand for re-election was not as a result of any disagreement with the Company. Mr.Raborn will continue to serve as a director and as a member of each of the Audit Committee and Nominating and Corporate Governance Committee of the Board until his current term expires at the 2018 annual meeting of stockholders to be held on May9, 2018.
| Item 5.02 | Financial Statements and Exhibits. |
(d) Exhibits.
|
ExhibitNumber |
Description |
| 99.1 | Press release dated February7, 2018. |
Allison Transmission Holdings Inc ExhibitEX-99.1 2 d494409dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Allison Transmission announces board changes Francis ‘Buzz’ Raborn and Jamie Star will not seek re-election INDIANAPOLIS – Feb. 8,…To view the full exhibit click here
About ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN)
Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Company operates through manufacture and distribution of fully-automatic transmissions segment. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company’s transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has developed over 100 different models that are used in over 2,500 different vehicle configurations.
