It has been announced that President and Chief Financial Officer of Allison Transmission Holdings Inc. David Graziosi (pictured) will succeed Chief Executive Officer Lawrence Dewey on 1 June 2018.
Says David Graziosi: “I am honoured to be selected to succeed Larry as Allison’s next CEO.
“As the longest-serving head of Allison in its 100 year-plus history, he established standards and performance that separate the company from virtually any other industrial enterprise.”
David, 51, joined Allison as Executive Vice President, CFO and treasurer, in November 2007.
He was named president in January 2016 and, in this current role, oversees a number of activities, including operations, purchasing and supplier quality, and human resources.
“Dave has been instrumental in all aspects of our financial management from day one,” adds Lawrence. “As he has taken on the responsibilities of President, he has led each of his functional groups to successfully implement a variety of initiatives to improve our business.
“With Dave’s very capable leadership supported by the efforts of the accomplished Allison team, I am excited about the future for Allison Transmission.”