Allison Transmission (ALSN) Misses Q4 EPS by 18c, Revenues Beat; Offers FY21 Revenue Guidance

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Allison Transmission (ALSN) Announces Lawrence E. Dewey to Retire as Chairman, Named Chairman Emeritus; David S. Graziosi to Become Chairman

February 16, 2021 8:38 AM EST

Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that Lawrence E. 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. Dewey joined the board in October 2007 as Allison Transmissions President, CEO and Chairman following the purchase of the Allison business by The Carlyle Group and Onex Corporation.

Im honored to have served on Allison's board of directors from its inception nearly 14 years ago. We as the board of directors have successfully executed the transition plan for... More