kscarbel2 Posted September 18, 2015 Share Posted September 18, 2015 The Wall Street Journal / September 17, 2015Oshkosh Corp. said Thursday that Chief Executive Charles L. Szews will retire at the end of the year, and the specialty-truck maker tapped operations chief Wilson Jones to replace him.Mr. Szews, who has held the CEO role for five years, will retire on Dec. 31. Mr. Jones, a 10-year veteran of the company, will also take Mr. Szews place on the board.Oshkosh said the company has been preparing for the transition for several years. In 2012, Mr. Jones took over the president role from Mr. Szews, who was 58 years old as of Oshkosh’s December proxy statement.Wisconsin-based Oshkosh makes specialty vehicles for military, fire and emergency, and commercial uses.In August, the company won a $6.75 billion contract to build almost 17,000 new light trucks to replace aging Humvees for the U.S. Army and Marine Corps, cementing the future of its defense business.Oshkosh’s defense unit has struggled in recent years in the face of shrinking Pentagon spending on military trucks.Shares of Oshkosh, inactive premarket, are up 3.6% in the past month.Oshkosh Press Release - http://investor.oshkoshcorporation.com/news/news-releases/news-releases/2015/Oshkosh-Corporation-Announces-Retirement-of-CEO-Charles-Szews-President-Wilson-Jones-Named-as-Successor/default.aspx Quote Link to comment https://www.bigmacktrucks.com/topic/41843-oshkosh-ceo-charles-szews-to-retire/ Share on other sites More sharing options...
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