Core Viewpoint - Allison Transmission has appointed Scott Mell as the new Chief Financial Officer (CFO) and Treasurer, effective April 14, 2025, following the previous CFO Fred Bohley's transition to COO [1][2]. Company Overview - Allison Transmission is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles, and is the largest global manufacturer of medium- and heavy-duty fully automatic transmissions [7]. - The company was founded in 1915 and is headquartered in Indianapolis, Indiana, with a presence in over 150 countries [7]. Leadership Appointment - Scott Mell brings nearly 30 years of diverse experience in strategic and financial leadership, with a strong international background in operations across Asia, Europe, and South America [3][6]. - His previous roles include serving as CFO at TriMas Corporation and various senior leadership positions at Ernst & Young LLP, McKinsey & Company, and AlixPartners, LLP [6]. Responsibilities of the New CFO - As CFO, Scott Mell will oversee the Finance organization, including financial planning, budgeting, reporting, analysis, and regulatory compliance [4]. - He will also set the overall treasury strategy, which encompasses cash management, risk management, and investor relations [4]. Company Growth and Innovation - The CEO of Allison Transmission, David Graziosi, expressed confidence that Scott Mell's international experience and financial expertise will be crucial for driving growth and innovation within the company [4]. - Scott Mell has expressed enthusiasm about joining Allison Transmission and contributing to its success by enhancing financial performance and shareholder value [5].
Allison Transmission Announces Scott Mell as New Chief Financial Officer