In the news release, Spartan Motors Announces Addition of
Thomas Clevinger to its Board of
Directors, issued April 10, 2018 by
Spartan Motors, Inc. over PR Newswire, we are advised by the
company that in the second paragraph, third sentence, "$1.3 billion" should read "in excess of
$1 billion" and in second paragraph,
fourth sentence, "North America
and" should read "in Europe and
was on the senior management team for parts operations in
North America," and in fourth
paragraph, first sentence, "currently serves" should read
"previously served" as originally issued inadvertently. The
complete, corrected release follows:
Spartan Motors Announces Addition of Thomas Clevinger to its Board
of Directors Bringing Deep Domain Expertise in Aftermarket Parts
and Service as Incumbent Directors
Richard
Current and James Orchard Retire
CHARLOTTE, Mich., April 10, 2018 /PRNewswire/ -- Spartan Motors,
Inc. (NASDAQ:SPAR) ("Spartan" or the "Company"), a global leader in
specialty chassis and vehicle design, manufacturing and assembly,
today announced that Thomas R.
Clevinger has been appointed to the Company's Board of
Directors. Additionally, Spartan announced that incumbent
Directors Richard R. Current and
James C. Orchard are both retiring
and will be stepping down from the Company's Board of Directors
following the annual meeting of shareholders on May 23, 2018.
As Spartan works aggressively to achieve its strategic growth
plans into 2020, strengthening the Board-level leadership of the
Company has been an ongoing focus. The addition of Mr.
Clevinger to the Board of Directors brings extensive expertise in
the global commercial vehicle business through his 30 year career,
which includes Navistar, Inc. and PACCAR, Inc. Most recently,
Mr. Clevinger was Senior Vice President/Managing Director – Global
at Navistar, where he managed all lines of business outside of the
U.S. and Canada, accounting for in
excess of $1 billion in annual
revenue. At PACCAR, Mr. Clevinger was responsible for the
parts operations in Europe and was
on the senior management team for parts operations in North America, which is an area of focus for
Spartan. Mr. Clevinger was also appointed to the Board's
Audit Committee.
James Sharman, Chairman of the
Board, commented on Mr. Clevinger's appointment, "We are excited to
welcome Tom to Spartan's Board of Directors. We are confident
that his significant career experience with two major commercial
vehicle manufacturers will benefit Spartan as we continue on our
growth path. We look forward to his contribution to our
Board, particularly as we look to continuously grow and improve our
parts and service offerings."
Mr. Clevinger previously served on the board of management of
DAF Trucks N.V., a leading manufacturer of trucks and subsidiary of
PACCAR, based in the Netherlands,
and as an Executive Board Member of the International Service
Logistics Association, a network of professionals dedicated to
Customer Service and Service Logistics that focuses on service
management and spare parts logistics on an international
level. Mr. Clevinger holds a Bachelor of Science Degree in
Business and a Master of Arts degree in Leadership and
Organizational Development from the City University of Seattle.
"I am pleased to join Spartan Motors' Board of Directors, and am
confident my background and experience, particularly with the parts
business and logistics, will enhance Spartan's focus on building
its aftermarket parts and service business into a world-class
operation," commented Mr. Clevinger. "I look forward to
working together with such a strong Board of Directors and
management team to achieve the Company's long-term strategic
vision."
Mr. Sharman concluded, "Additionally, we would like to thank
Rick and Jim for their service to the Board. Their insights
and experience have been highly valued by the Board and executive
management of Spartan. We acknowledge their years in
steadfast support of Spartan and wish them the best in their future
endeavors."
About Spartan
Motors
Spartan Motors, Inc. is a leading designer, engineer, manufacturer,
and marketer of a broad range of specialty vehicles, specialty
chassis, vehicle bodies, and parts for the fleet and delivery,
recreational vehicle (RV), emergency response, defense forces, and
contract assembly (light/medium duty truck) markets. The Company's
brand names — Spartan Motors, Spartan Specialty Vehicles, Spartan
Emergency Response, Spartan Parts and Accessories, Smeal, and its
family of brands, including Ladder Tower™ and UST®; and
Utilimaster®, a Spartan Motors Company — are known for quality,
durability, performance, customer service, and first-to-market
innovation. The Company employs approximately 2,300 associates, and
operates facilities in Michigan,
Indiana, Pennsylvania, Missouri, Wisconsin, Nebraska, South
Dakota; Saltillo, Mexico;
and Lima, Peru. Spartan reported
sales of $707 million in 2017. Visit
Spartan Motors at www.spartanmotors.com.
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SOURCE Spartan Motors, Inc.