Wabash Announces Executive Leadership Changes
Wabash (NYSE: WNC) announced strategic executive leadership changes effective September 1, 2024. Mike Pettit transitions to Senior VP, Chief Growth Officer. Patrick Keslin is promoted to Senior VP, Chief Financial Officer. Donald Winston becomes Senior VP, Global Operations. Drew Schwartzhoff is promoted to Senior VP, Strategic Marketing.
These changes aim to drive growth initiatives, expand market reach, and enhance the company's Parts and Services business. The reorganization reflects Wabash's commitment to developing top talent and aligning the organization for future growth in the transportation, logistics, and distribution industries.
Additionally, Dustin Smith will step down as Senior VP, Chief Operating Officer, transitioning to a senior advisory role until December 1, 2024, to ensure a smooth transition.
Wabash (NYSE: WNC) ha annunciato cambiamenti strategici nella leadership esecutiva che entreranno in vigore il 1° settembre 2024. Mike Pettit passerà a Vicepresidente Senior e Chief Growth Officer. Patrick Keslin è stato promosso a Vicepresidente Senior e Chief Financial Officer. Donald Winston diventerà Vicepresidente Senior per le Operazioni Globali. Drew Schwartzhoff è stato promosso a Vicepresidente Senior per il Marketing Strategico.
Questi cambiamenti mirano a stimolare iniziative di crescita, espandere il raggio d'azione del mercato e migliorare il business ricambi e servizi dell'azienda. La riorganizzazione riflette l'impegno di Wabash nello sviluppo dei migliori talenti e nell'allineamento dell'organizzazione per la crescita futura nei settori dei trasporti, della logistica e della distribuzione.
In aggiunta, Dustin Smith si dimetterà dal ruolo di Vicepresidente Senior e Chief Operating Officer, passando a un ruolo di consulente senior fino al 1° dicembre 2024, per garantire una transizione fluida.
Wabash (NYSE: WNC) anunció cambios estratégicos en el liderazgo ejecutivo que entrarán en vigor el 1 de septiembre de 2024. Mike Pettit pasará a ser Vicepresidente Senior y Director de Crecimiento. Patrick Keslin ha sido ascendido a Vicepresidente Senior y Director Financiero. Donald Winston se convierte en Vicepresidente Senior de Operaciones Globales. Drew Schwartzhoff ha sido ascendido a Vicepresidente Senior de Marketing Estratégico.
Estos cambios tienen como objetivo impulsar iniciativas de crecimiento, expandir el alcance del mercado y mejorar el negocio de Repuestos y Servicios de la empresa. La reorganización refleja el compromiso de Wabash de desarrollar el mejor talento y alinear la organización para el crecimiento futuro en las industrias de transporte, logística y distribución.
Además, Dustin Smith dejará su puesto como Vicepresidente Senior y Director de Operaciones, pasando a un rol de asesor senior hasta el 1 de diciembre de 2024, para garantizar una transición fluida.
와바시(Wabash, NYSE: WNC)는 2024년 9월 1일자로 전략적 경영진 리더십 변화를 발표했습니다. 마이크 페티트는 수석 부사장 겸 성장 책임자로 전환됩니다. 패트릭 케슬린은 수석 부사장 겸 최고 재무 책임자로 승진합니다. 도널드 윈스턴은 수석 부사장 겸 글로벌 운영 책임자가 됩니다. 드류 슈워츠호프는 수석 부사장 겸 전략 마케팅 책임자로 승진합니다.
이번 변화는 성장 이니셔티브를 추진하고 시장 범위를 확장하며 회사의 부품 및 서비스 비즈니스를 향상시키기 위한 것입니다. 이 재편성은 운송, 물류 및 유통 산업에서의 미래 성장을 위해 조직을 정렬하고 최고 인재를 개발하려는 와바시의 의지를 반영합니다.
또한, 더스틴 스미스는 수석 부사장 겸 최고 운영 책임자 자리에서 물러나 2024년 12월 1일까지 원활한 전환을 위해 고문 역할을 수행할 예정입니다.
Wabash (NYSE: WNC) a annoncé des changements stratégiques dans la direction exécutive, qui entreront en vigueur le 1er septembre 2024. Mike Pettit passera au poste de Vice-président senior et Responsable de la croissance. Patrick Keslin est promu Vice-président senior et Directeur financier. Donald Winston devient Vice-président senior des opérations mondiales. Drew Schwartzhoff est promu Vice-président senior du marketing stratégique.
Ces changements visent à stimuler les initiatives de croissance, à élargir la portée du marché et à améliorer les activités de pièces et de services de l'entreprise. La réorganisation reflète l'engagement de Wabash à développer les meilleurs talents et à aligner l'organisation pour une croissance future dans les secteurs des transports, de la logistique et de la distribution.
De plus, Dustin Smith démissionnera de son poste de Vice-président senior et Directeur des opérations, faisant la transition vers un rôle de conseiller senior jusqu'au 1er décembre 2024, afin de garantir une transition en douceur.
Wabash (NYSE: WNC) kündigte strategische Veränderungen in der Geschäftsleitung an, die am 1. September 2024 in Kraft treten. Mike Pettit wechselt zum Senior VP und Chief Growth Officer. Patrick Keslin wird zum Senior VP und Chief Financial Officer befördert. Donald Winston wird Senior VP für globale Operationen. Drew Schwartzhoff wird zum Senior VP für strategisches Marketing befördert.
Diese Änderungen sollen Wachstumsinitiativen vorantreiben, die Marktpräsenz erweitern und das Geschäftsbereich Teile und Dienstleistungen des Unternehmens verbessern. Die Umstrukturierung spiegelt das Engagement von Wabash wider, Top-Talente zu entwickeln und die Organisation für zukünftiges Wachstum in den Bereichen Transport, Logistik und Distribution auszurichten.
Zusätzlich wird Dustin Smith als Senior VP und Chief Operating Officer zurücktreten und bis zum 1. Dezember 2024 in eine beratende Funktion wechseln, um einen reibungslosen Übergang zu gewährleisten.
- Strategic leadership changes aimed at driving growth and expanding market reach
- Creation of new Chief Growth Officer position to focus on growth initiatives
- Promotion of experienced internal candidates to key leadership roles
- Expansion of Parts and Services business through merging physical and digital technologies
- Departure of Chief Operating Officer Dustin Smith, potentially causing short-term operational disruption
LAFAYETTE, Ind., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, today announced a series of strategic executive leadership changes designed to position the company for continued success. These changes will take effect on September 1, 2024.
Mike Pettit will transition from his current role as Senior Vice President, Chief Financial Officer to the newly created position of Senior Vice President, Chief Growth Officer. In this new capacity, he will focus on driving growth initiatives, expanding market reach, and enhancing the company’s Parts and Services business through the merging of physical and digital technologies. His extensive experience in finance and operations will be instrumental in accelerating the company’s growth.
Patrick Keslin is promoted to Senior Vice President, Chief Financial Officer from his previous role as Vice President, Finance. With 23 years of financial experience and a proven track record in roles of increasing responsibility during his seven years at Wabash, Keslin brings a deep understanding of the company’s financial operations. He will be responsible for overseeing Wabash’s financial strategy, reporting and performance. Keslin’s extensive experience and strategic insight will ensure a seamless transition and continued fiscal responsibility as the company continues to expand across products, services and customer bases.
Donald Winston is promoted to Senior Vice President, Global Operations from his previous position as Vice President, Global Operations. Winston has demonstrated exceptional leadership and operational acumen. In this expanded role overseeing global procurement in addition to leading manufacturing and supply chain operations, he will continue to drive operational efficiencies and excellence across the company with a focus on safety, productivity and quality across all North American manufacturing sites.
Drew Schwartzhoff is promoted to Senior Vice President, Strategic Marketing from his previous position as Vice President, Marketing. Schwartzhoff’s role will expand to include product management in addition to his existing responsibilities leading marketing and communications. His vision will drive the integration of marketing and product strategies to enhance customer experience and market penetration.
“These leadership changes reflect our commitment to developing top talent and aligning our organization to drive future growth,” said President and CEO Brent Yeagy. “Mike, Pat, Donald, and Drew have consistently demonstrated their ability to deliver results, and each of them brings unique strengths and experiences that will help us continue to deliver value to our customers. I am confident in their ability to further strengthen Wabash’s position as a visionary leader in the transportation, logistics and distribution industry.”
Additionally, Dustin Smith will step down from his role as Senior Vice President, Chief Operating Officer. He will transition to a senior advisory role to ensure a smooth transition until December 1, 2024. This planned transition allows Smith to assist with ongoing projects and support the leadership team during this period.
Yeagy commented, “Dustin has been an invaluable part of our organization for 17 years, contributing greatly to Wabash’s growth and transformation. His unwavering commitment, strategic vision and dedication have made a lasting impact, and his leadership has been instrumental in driving excellence across the entire organization. Dustin’s collaborative spirit and genuine care for the people at Wabash have made him not just a respected leader, but a truly valued member of our team. We wish him all the best as he embarks on this next chapter.”
For more information about Wabash’s executive leaders, please visit onewabash.com.
Wabash: Changing How the World Reaches You
Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation, logistics and distribution industries that is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile. Wabash designs, manufactures, and services a diverse range of products, including: dry freight and refrigerated trailers, flatbed trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Learn more at
www.onewabash.com.
Safe Harbor Statement
This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey the Company’s current expectations or forecasts of future events. All statements contained in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements include, among other things, all statements regarding the Company’s outlook for trailer and truck body shipments, backlog, expectations regarding demand levels for trailers, truck bodies, non-trailer equipment and our other diversified product offerings, pricing, profitability and earnings, cash flow and liquidity, opportunity to capture higher margin sales, new product innovations, our growth and diversification strategies, our expectations for improved financial performance during the course of the year and our expectations with regards to capital allocation. These and the Company’s other forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Without limitation, these risks and uncertainties include the highly cyclical nature of our business, uncertain economic conditions including the possibility that customer demand may not meet our expectations, our backlog may not reflect future sales of our products, increased competition, reliance on certain customers and corporate partnerships, risks of customer pick-up delays, shortages and costs of raw materials including the impact of tariffs or other international trade developments, risks in implementing and sustaining improvements in the Company’s manufacturing operations and cost containment, dependence on industry trends and timing, supplier constraints, labor costs and availability, customer acceptance of and reactions to pricing changes, costs of indebtedness, and our ability to execute on our long-term strategic plan. Readers should review and consider the various disclosures made by the Company in this press release and in the Company’s reports to its stockholders and periodic reports on Forms 10-K and 10-Q.
Media Contact:
Dana Stelsel
Director, Communications
(765) 771-5766
dana.stelsel@onewabash.com
Investor Relations:
Ryan Reed
Senior Director, Corporate Development & Investor Relations
(765) 490-5664
ryan.reed@onewabash.com
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