Blue Bird Announces Resignation of President; Phil Horlock to Remain as President and CEO
09 Settembre 2024 - 3:00PM
Business Wire
Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and
low-emission school buses, today announced that Britton Smith has
resigned from his position as President, effective September 28,
2024.
Mr. Smith has decided to step down for personal reasons. The
Company respects his decision and wishes him well in his future
endeavors. Mr. Smith will step down from the Company’s Board of
Directors, effective immediately.
“On behalf of the Board of Directors and the entire Blue Bird
team, I want to express our gratitude to Britton for his leadership
and contributions to the Company,” said Doug Grimm, Chairman of the
Board. “We wish him all the best in the future.”
Following Mr. Smith’s departure, Blue Bird’s current Chief
Executive Officer, Phil Horlock, will assume the additional role of
President and continue to lead the Company, as he has for nearly 14
years.
“It has been an honor to serve as President of Blue Bird,” said
Britton Smith. “My decision to step down is driven by personal
reasons and I need to focus on these important aspects of my life
at this time. I want to extend my heartfelt thanks to our employees
and partners for their support during my tenure.”
Blue Bird remains focused on executing its profitable growth
plan, leading in the deployment of clean alternative-powered school
buses and delivering value for its shareholders, customers, dealers
and employees.
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.
School buses carry the most precious cargo in the world – 25
million children twice a day – making them the most trusted mode of
student transportation. 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.
Forward Looking Statements
This press release includes forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements relate to expectations for future financial performance,
business strategies or expectations for our business. Specifically,
forward-looking statements include statements in this press release
regarding earnings growth and Blue Bird’s future positioning and
may include other statements preceded by, followed by or that
include the words “estimate,” “plan,” “project,” “forecast,”
“intend,” “expect,” “anticipate,” “believe,” “seek,” “target” or
similar expressions
These forward-looking statements are based on information
available as of the date of this press release, and current
expectations, forecasts and assumptions, and involve a number of
judgments, risks and uncertainties. Accordingly, forward-looking
statements should not be relied upon as representing our views as
of any subsequent date, and we do not undertake any obligation to
update forward-looking statements to reflect events or
circumstances after the date they were made, whether as a result of
new information, future events or otherwise, except as may be
required under applicable securities laws. The factors described
above, as well as risk factors described in reports filed with the
SEC by us (available at www.sec.gov), could cause our actual
results to differ materially from estimates or expectations
reflected in such forward-looking statements.
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Blue Bird Investor Contact Mark Benfield Investor
Relations M: +1.478.822.2315 Mark.Benfield@blue-bird.com
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