Allison Transmission SVP Operations & Purchasing Michael Dick to retire March 11, 2022
Allison Transmission Holdings Inc
Michael Dick, SVP Operations & Purchasing, will retire effective March 11, 2022; enters separation agreement with prorated equity vesting and non-compete.
Rafael Basso promoted to VP of Operations; Teresa van Niekerk retains VP of Purchasing and Supplier Quality; both report directly to CEO after retirement.
Dick's retirement is planned; he will assist with transition until his retirement date.
Michael A. Dick, Senior Vice President, Operations and Purchasing of Allison Transmission Holdings, Inc. (the “Company”), notified the Company that he would retire from his position effective March 11, 2022.
Effective March 12, 2022, Mr. Basso will assume the role of Vice President of Operations with responsibility for oversight of plant operations, Walker Die Casting, facilities, business development, global supply chain and manufacturing engineering.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Michael A. Dick retired as Senior Vice President, Operations and Purchasing at Allison Transmission Holdings Inc.
Action
retired
Role
Senior Vice President, Operations and Purchasing
Exact text from the filing
Michael A. Dick, Senior Vice President, Operations and Purchasing of Allison Transmission Holdings, Inc. (the “Company”), notified the Company that he would retire from his position effective March 11, 2022.
Rafael Basso was appointed as Vice President of Operations at Allison Transmission Holdings Inc.
Action
appointed
Role
Vice President of Operations
Exact text from the filing
Effective March 12, 2022, Mr. Basso will assume the role of Vice President of Operations with responsibility for oversight of plant operations, Walker Die Casting, facilities, business development, global supply chain and manufacturing engineering.
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