Phil Horlock Returns to Blue Bird CEO Position

MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today that Phil Horlock will again lead the company as CEO. Blue Bird’s Board of Directors has appointed Phil Horlock to assume the position of President and CEO, effective immediately. Phil held this position for nearly 11 years between 2011 and 2021 and presently serves on the Board of Directors.

Phil Horlock rejoins Blue Bird as CEO (Photo: Business Wire)

Matthew Stevenson, President and CEO of Blue Bird Corporation, is leaving the Company for personal reasons. Mr. Stevenson has also exited his position on the Board of Directors.

“I am delighted that Phil will be resuming his position as President and CEO of Blue Bird,” said Kevin Penn, Chairman of the Board of Directors. “Phil brings extensive knowledge and experience of the school bus industry and the Company to this role. During Phil’s prior tenure, Blue Bird significantly grew both top-line and bottom-line financial results and firmly established itself as the industry leader in alternative-powered school buses. Phil was instrumental in driving Blue Bird to develop Electric Powered School Buses and to establish a leadership position in the delivery of these buses. It’s great to have Phil leading Blue Bird once again.”

Horlock will be relocating to Macon, Georgia to assume the leadership position at Blue Bird’s headquarters.

“It’s an honor to be back at Blue Bird,” said Phil Horlock. “We have an amazing team in place and I am looking forward to building off the strong first half performance and driving future growth at Blue Bird. I’m very excited to be rejoining our team in Georgia.”

About Blue Bird Corporation

Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. Blue Bird buses carry the most precious cargo in the world – the majority of 25 million children twice a day – making us the most trusted brand in the industry. The company is the proven leader in low- and zero-emission school buses with more than 20,000 propane, natural gas, and electric powered buses in operation today. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird's complete product and service portfolio, visit www.blue-bird.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230515005481/en/

Mark Benfield

Blue Bird Corporation

(478) 822-2315

Mark.Benfield@blue-bird.com

Source: Blue Bird Corporation