Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that David Everitt has been appointed to its Board of Directors.
David Everitt most recently served as Interim Chief Executive Officer of Harsco Corporation from February 2014 to August 2014. Prior to that, Mr. Everitt had been with Deere & Company since 1975, when he joined Deere as an engineer following his graduation from Kansas State University. Over the next nearly four decades, Mr. Everitt held positions of increasing responsibility, most recently responsible for the sales and marketing of allNorth America and Asia as well as global design and production of John Deere tractors and turf and utility and global Ag Solutions Systems. Mr. Everitt also serves on the board of directors for Agrium Inc., Brunswick Corporation and Harsco Corporation.
“We are delighted that David has agreed to join our Board of Directors,” saidLawrence E. Dewey, Chairman of the Board of Directors. “His vast expertise in the industrials sector and his management experience will be of great value to Allison and we look forward to his contributions.”
Mr. Everitt’s initial term will expire at the 2016 annual meeting of stockholders, at which time it is expected that Mr. Everitt will be included as a nominee for re-election at the meeting. The Board has not appointed Mr. Everitt to serve on any committees at this time.