– USA, IN – Allison Transmission Holdings Inc. (NYSE: ALSN) today announced the appointments of Philip Christman, Sasha Ostojic, Gustave Perna, and Krishna Shivram to its Board as Independent Directors effective immediately, bringing the Board to fourteen members until 2023 AGM.
Concurrently, the company also announced the appointment of Board member Rick Lavin as the next Lead Independent Director to succeed Thomas Rabaut who will retire from the Board at the next AGM.
“The changes announced today reflect a deliberate process by the Board to recruit new directors who will complement the overall mix of skills, knowledge, experience and perspectives on the Board,” said Chairman and CEO, Dave Graziosi. “I am pleased that we have identified four outstanding independent directors in Phil, Sasha, Gus and Krishna, who each bring extensive experience in areas relevant to our business and will be great assets to Allison as we continue to execute our growth initiatives and prepare for the transition to zero-emission vehicles.”
In addition to Rabaut, Stan Askren, Alvaro Garcia-Tunon and Dick Reynolds are retiring from the Board effective as of the 2023 annual meeting. Following the 2023 annual meeting, our Board will return to ten members.
About Philip J. Christman
Christman recently retired as President, Operations of Navistar, Inc., a leading manufacturer of commercial trucks, buses, and engines, a role he held from May 2017 until March 2022. In this role, he was responsible for all Navistar operations encompassing engineering, manufacturing, procurement, and quality. He began his career with Navistar in 1986 and held various management positions of increasing responsibility in operations, engineering, procurement, and strategy.
Christman has a Bachelor of Science degree in Mechanical Engineering from the Indiana Institute of Technology and a Master of Business Administration from Ball State University.
About Sasha Ostojic
Ostojic is a Venture Partner at Playground Global LLC, a venture capital firm specializing in early-stage deep tech companies, a role he has held since April 2019, and serves as Interim SVP of Software at Zoox, Inc., a developer of autonomous vehicles, a role he has held since November 2021. Before these roles, he served as SVP of Engineering at Cruise LLC, a self-driving car company, from October 2016 until November 2017, and as VP of Software for Nvidia Corporation, a pioneer in accelerated and AI computing, from March 2011 until October 2016.
Ostojic has a Bachelor of Science degree in Computer Science from San Francisco State University and a Master of Business Administration from Santa Clara University.
About Gustave F. Perna
General, United States Army (Ret.) Perna retired from the United States Army in July 2021 as COO of Operation Warp Speed, the Trump administration’s multi-billion-dollar coronavirus vaccine and treatment effort, a position he had held since May 2020. Before that, General Perna served as Commanding General of United States Army Materiel Command, which develops and delivers materiel readiness solutions for the Army’s land force capabilities, from September 2016 to May 2020, and as Deputy Chief of Staff, G-4 of the Army, with responsibility for oversight of the policies and procedures used by all Army logisticians globally, from 2014 to September 2016. During his 38 years of service in the United States Army, General Perna held many other staff and command assignments, including Commander, Joint Munitions Command and Joint Munitions and Lethality Lifecycle Management Command, Commander, Defense Supply Center Philadelphia, Commander, 64th Forward Support Battalion and Commander, 4th Sustainment Brigade.
General Perna holds an Associate Degree in Business Administration from Valley Forge Military Academy and a Bachelor Degree in Business Management from the University of Maryland and was awarded a Master’s Degree in Logistics Management from the Florida Institute of Technology.
About Krishna Shivram
Shivram currently serves as Director of Ranger Energy Services Inc. since August 2017 and of Superior Energy Services Inc. since April 2021, both of which are oilfield service companies, as well as Director of Sentinel Energy Services Inc., a special purpose acquisition company, since November 2017. He also served as CEO of Sentinel from November 2017 until December 2020. Before that, Shivram served as interim CEO of Weatherford International plc from November 2016 to March 2017 and EVP and CEO of Weatherford International plc from November 2013 until November 2016. He has over 30 years of financial and operational management experience in the oilfield industry and previously worked for Schlumberger Ltd. in a variety of roles across the globe, including as VP and Treasurer from January 2011 until November 2013.
Shivram has a Bachelor of Science degree in Economics and Commerce from Sydenham College in India and is a Chartered Accountant.
About Allison Transmission
Allison Transmission is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire, and emergency), buses (school, transit, and coach), motorhomes, off-highway vehicles, and equipment (energy, mining, and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China, and Brazil, manufacturing facilities in the USA, Hungary, and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan, and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide.
For more information: https://www.allisontransmission.com/
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