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The Shyft Group Announces Interim CFO Appointment

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The Shyft Group (NASDAQ: SHYF) has appointed Scott Ocholik as Interim Chief Financial Officer, effective January 1, 2025. Ocholik, currently serving as Vice President, Chief Accounting Officer, and Corporate Controller, will succeed Jon Douyard, who previously announced his resignation. The company's Board of Directors is conducting a comprehensive search for a permanent CFO, considering both internal and external candidates.

Ocholik joined Shyft in 2019 as Vice President and Corporate Controller and has been serving in his current role since 2022. Prior to Shyft, he was Executive Vice President and CFO at Gestamp North America. He holds accounting and MBA degrees from Michigan State University.

Il Shyft Group (NASDAQ: SHYF) ha nominato Scott Ocholik come Chief Financial Officer ad interim, a partire dal 1 gennaio 2025. Ocholik, attualmente Vice Presidente, Chief Accounting Officer e Corporate Controller, succederà a Jon Douyard, che ha annunciato la sua dimissione. Il Consiglio di Amministrazione dell'azienda sta conducendo una ricerca approfondita per un CFO permanente, considerando sia candidati interni che esterni.

Ocholik è entrato a far parte di Shyft nel 2019 come Vice Presidente e Corporate Controller e ricopre il suo attuale ruolo dal 2022. Prima di Shyft, è stato Executive Vice President e CFO presso Gestamp North America. Ha conseguito lauree in contabilità e un MBA presso la Michigan State University.

El Shyft Group (NASDAQ: SHYF) ha nombrado a Scott Ocholik como Director Financiero Interino, con efecto a partir del 1 de enero de 2025. Ocholik, que actualmente se desempeña como Vicepresidente, Director de Contabilidad y Controlador Corporativo, sucederá a Jon Douyard, quien previamente anunció su renuncia. La Junta Directiva de la compañía está realizando una búsqueda exhaustiva de un CFO permanente, considerando tanto candidatos internos como externos.

Ocholik se unió a Shyft en 2019 como Vicepresidente y Controlador Corporativo y ha estado desempeñando su papel actual desde 2022. Antes de Shyft, fue Presidente Ejecutivo y CFO en Gestamp Norteamérica. Tiene títulos en contabilidad y un MBA de la Universidad Estatal de Michigan.

샤이프트 그룹 (NASDAQ: SHYF)은 스콧 오콜릭을 2025년 1월 1일자로 임시 CFO로 임명했습니다. 오콜릭은 현재 부사장, 최고 회계 책임자 및 기업 회계 담당자로 재직 중이며, 이전에 사임을 발표한 Jon Douyard의 후임입니다. 회사의 이사회는 내부 및 외부 후보자를 고려하여 영구 CFO를 위한 종합적인 검색을 진행하고 있습니다.

오콜릭은 2019년 샤이프트에 부사장 겸 기업 회계 담당자로 합류했으며, 2022년부터 현재 역할을 수행하고 있습니다. 샤이프트 이전에는 게스탐 북미의 실행 부사장 및 CFO를 역임했습니다. 그는 미시간 주립대학교에서 회계 및 MBA 학위를 취득했습니다.

Le Shyft Group (NASDAQ: SHYF) a nommé Scott Ocholik au poste de Directeur Financier Intérimaire, prenant effet le 1er janvier 2025. Ocholik, qui occupe actuellement le poste de Vice-Président, Directeur Comptable et Contrôleur Corporatif, succédera à Jon Douyard, qui a précédemment annoncé sa démission. Le Conseil d'Administration de l'entreprise effectue une recherche approfondie pour un CFO permanent, en considérant à la fois des candidats internes et externes.

Ocholik a rejoint Shyft en 2019 en tant que Vice-Président et Contrôleur Corporatif et occupe son poste actuel depuis 2022. Avant de rejoindre Shyft, il était Vice-Président Exécutif et CFO chez Gestamp Amérique du Nord. Il détient des diplômes en comptabilité et un MBA de l'Université d'État du Michigan.

Die Shyft Group (NASDAQ: SHYF) hat Scott Ocholik zum Interims-Chief Financial Officer ernannt, der am 1. Januar 2025 in Kraft tritt. Ocholik, der derzeit als Vizepräsident, Chief Accounting Officer und Corporate Controller tätig ist, wird Jon Douyard nachfolgen, der zuvor seinen Rücktritt angekündigt hat. Der Vorstand des Unternehmens führt eine umfassende Suche nach einem festen CFO durch und berücksichtigt sowohl interne als auch externe Kandidaten.

Ocholik trat 2019 der Shyft Group als Vizepräsident und Corporate Controller bei und ist seit 2022 in seiner aktuellen Rolle tätig. Vor Shyft war er Executive Vice President und CFO bei Gestamp North America. Er hat Abschlüsse in Rechnungswesen und einen MBA von der Michigan State University.

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NOVI, Mich., Dec. 30, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced the appointment of Scott Ocholik, Vice President, Chief Accounting Officer, and Corporate Controller, as Interim Chief Financial Officer, effective January 1, 2025.

"Scott has been a key member of our leadership team, and his financial expertise, operational knowledge, and steady leadership make him well-suited to step into this interim role," said John Dunn, President and CEO. "As we enter an important time for Shyft, Scott will help ensure stability and continuity in our financial operations while we continue to execute on our strategic priorities."

The appointment follows the previously announced resignation of CFO Jon Douyard. Shyft's Board of Directors is conducting a comprehensive search for a permanent CFO, considering both internal and external candidates.

"I am excited to step into this role at a pivotal time for Shyft," said Scott Ocholik, Interim CFO. "I look forward to working closely with the team as we advance our strategic objectives."

Ocholik has served as Vice President, Chief Accounting Officer, and Corporate Controller since 2022, after joining Shyft in 2019 as Vice President and Corporate Controller. Prior to Shyft, he was Executive Vice President and Chief Financial Officer at Gestamp North America. He earned a Bachelor of Arts in Accounting and a Master of Business Administration from Michigan State University.

About The Shyft Group
The Shyft Group is a North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. The company brings a 50-year legacy serving its customers, which include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Utilimaster®, Blue Arc™ EV Solutions, Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Red Diamond™ Aftermarket Solutions, Builtmore Contract Manufacturing™, and Independent Truck Upfitters. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 3,000 employees and contractors across 19 locations, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. The Company reported sales of $872 million in 2023. Learn more at TheShyftGroup.com. 

CONTACTS

MEDIA
Sydney Machesky
Director of Corporate Communications
Sydney.Machesky@theshyftgroup.com
586.413.4112

INVESTORS
Randy Wilson
Vice President, Investor Relations and Treasury
Randy.Wilson@theshyftgroup.com
248.727.3755

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SOURCE The Shyft Group, Inc.

FAQ

When will Scott Ocholik start as interim CFO of The Shyft Group (SHYF)?

Scott Ocholik will begin his role as interim CFO of The Shyft Group on January 1, 2025.

What is Scott Ocholik's current position at The Shyft Group (SHYF)?

Scott Ocholik currently serves as Vice President, Chief Accounting Officer, and Corporate Controller at The Shyft Group.

Who is Scott Ocholik replacing as CFO at The Shyft Group (SHYF)?

Scott Ocholik is replacing Jon Douyard, who previously announced his resignation as CFO of The Shyft Group.

What is The Shyft Group's (SHYF) plan for finding a permanent CFO?

The Shyft Group's Board of Directors is conducting a comprehensive search for a permanent CFO, considering both internal and external candidates.

When did Scott Ocholik join The Shyft Group (SHYF)?

Scott Ocholik joined The Shyft Group in 2019 as Vice President and Corporate Controller.

The Shyft Group, Inc.

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