Industry veteran brings more than 30 years of sales and marketing experience
INDIANAPOLIS – Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that John M. Coll will join the company as senior vice president of global marketing, sales and service, starting Oct. 7.
Coll brings to Allison more than three decades of sales and marketing expertise, with significant executive and senior-level leadership experience at a number of leading industrial and commercial vehicle companies. He joins Allison from Gerdau Ameristeel U.S. where he served as vice president of sales and marketing. Previously, Coll served for 14 years at Eaton Corp. in various executive positions, most recently as vice president of global marketing for the vehicle group.
“We are pleased to add a leader of John’s caliber to the Allison team and are confident that his significant global leadership experience in sales and marketing will help us drive growth and enhance customer relationships,” said Chairman and CEO Lawrence E. Dewey of Allison Transmission. “John is a seasoned veteran with a reputation for taking an expansive approach to operations that we believe will energize our team and help us enhance our customer service and support. Looking ahead, we expect John’s appointment will allow us to establish stronger processes within our organization, better support customers and create value for shareholders.”
Coll said, “I’m excited to join Allison and look forward to leveraging my knowledge of the commercial vehicle industry and engineered products sector to support our performance and growth. This is a great company with over 100 years of history and a substantial opportunity to evolve and accelerate the company’s marketing and sales objectives. I look forward to building on these plans and working closely with both the leadership team and our sales and marketing team to help Allison deliver results.”
About John Coll
Coll joins Allison Transmission from Gerdau Ameristeel U.S. where he was vice president of sales and marketing. Previously, he served for 14 years at Eaton Corp., most recently as vice president of global marketing for the vehicle group. He held a number of other roles at Eaton including director of global channel marketing for Eaton Electrical, general manager of aftermarket and vehicle solutions for truck components, and vice president of sales and marketing for truck components. Prior to joining Eaton, Coll served for 13 years at Philips Electronics/Philips Lighting Co. in a variety of sales and distributor relations roles. He began his career in sales with Pennsylvania and West Virginia Supply Corp., a division of Quaker State. Coll earned a bachelor’s degree in business administration from West Virginia University, and an MBA from the University of Pittsburgh.
About Allison Transmission
Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in electric hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,700 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.