Allison Transmission Appoints New CFO
Ticker: ALSN · Form: 8-K · Filed: Feb 20, 2025 · CIK: 1411207
Sentiment: neutral
Topics: executive-appointment, cfo, personnel-change
Related Tickers: NAV
TL;DR
Allison Transmission just hired a new CFO, David M. Johnson, starting March 3rd.
AI Summary
On February 19, 2025, Allison Transmission Holdings, Inc. announced the appointment of David M. Johnson as Chief Financial Officer, effective March 3, 2025. Johnson previously served as Executive Vice President and Chief Financial Officer at Navistar International Corporation. He will receive an annual base salary of $475,000 and is eligible for a discretionary annual bonus.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: low — This filing reports a routine executive appointment and does not indicate any significant financial distress or operational issues.
Key Numbers
- $475,000 — CFO Annual Base Salary (Compensation for the newly appointed Chief Financial Officer.)
Key Players & Entities
- Allison Transmission Holdings, Inc. (company) — Registrant
- David M. Johnson (person) — Appointed Chief Financial Officer
- $475,000 (dollar_amount) — Annual base salary for new CFO
- March 3, 2025 (date) — Effective date of CFO appointment
- Navistar International Corporation (company) — Previous employer of new CFO
FAQ
Who is the new Chief Financial Officer of Allison Transmission Holdings, Inc.?
David M. Johnson has been appointed as the new Chief Financial Officer.
When does David M. Johnson's appointment as CFO become effective?
The appointment is effective March 3, 2025.
What was David M. Johnson's previous role?
He previously served as Executive Vice President and Chief Financial Officer at Navistar International Corporation.
What is the annual base salary for the new CFO?
The annual base salary for David M. Johnson is $475,000.
Is the new CFO eligible for a bonus?
Yes, David M. Johnson is eligible for a discretionary annual bonus.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on February 20, 2025 by David M. Johnson regarding Allison Transmission Holdings Inc (ALSN).