Wabash National Corporation Chairman Jischke to Retire; Magee Named as Successor
November 25 2019 - 6:53AM
Wabash National Corporation (NYSE: WNC) and its Board of Directors
today announced that Chairman of the Board Dr. Martin C. Jischke
has chosen to retire following the 2020 annual meeting of
stockholders. The board will appoint Wabash National’s
long-standing director Larry J. Magee to serve as the next chairman
of the board assuming his anticipated re-election as a director at
the company’s annual meeting.
Dr. Jischke commented, “It has been a great
privilege to serve alongside Wabash National colleagues for the
past 17 years. Their integrity, intellectual rigor, engineering
innovation and commitment to making Wabash better are what make
Wabash National such an extraordinary company. I’m proud to hand
the reins over to Larry for the next chapter in the company’s
history.”
Dr. Jischke became the company’s Chairman of the
Board in 2007. Before joining the company’s Board in 2002, he was
the 10th President of Purdue University in West Lafayette, Indiana,
where he served from August 2000 until his retirement in July
2007.
“I want to thank Martin for his unwavering
dedication to Wabash National,” said Brent Yeagy, President and
Chief Executive Officer. “As a result of his unrelenting focus on
creating value and growing the company, Wabash National has become
a stronger and more stable organization. His leadership and counsel
have been invaluable to the company, and more personally, I have
benefited greatly from Martin’s advice, guidance and
friendship.”
Dr. Jischke has served in leadership positions,
including as president of four major research universities in the
United States, in which he was charged with the strategic and
financial leadership of each organization. He was also previously
appointed as a Special Assistant to the United States Secretary of
Transportation. He continues to serve on the Board of Trustees of
the Illinois Institute of Technology, and previously served as a
director of Duke Realty Corporation from 2004 to 2016 and served as
a director of Vectren Corporation from 2007 to 2017.
“On behalf of the Board of Directors and everyone
at Wabash National, I want to congratulate Martin for his
distinguished career and thank him for his steadfast service to our
company and our community,” Yeagy said. “He has been a model of
corporate leadership and integrity in the industry and beyond. We
wish him well in his retirement.”
“Looking ahead to our future,” he added, “we are
excited to work with Larry as we continue our business
transformation to be the innovation leader of engineered solutions
in the transportation, logistics and distribution markets.
His dedication and leadership on the Wabash National Board since
2005 has been instrumental to our success and growth as an
organization.”
Wabash National Corporation: Changing How
the World Reaches YouAs the innovation leader of
engineered solutions for the transportation, logistics and
distribution industries, Wabash National Corporation (NYSE:WNC) is
changing how the world reaches you. Headquartered in Lafayette,
Indiana, the company’s mission is to enable customers to succeed
with breakthrough ideas and solutions that help them move
everything from first to final mile. Wabash National designs and
manufactures a diverse range of products, including: dry freight
and refrigerated trailers, platform trailers, bulk tank trailers,
dry and refrigerated truck bodies, structural composite panels and
products, trailer aerodynamic solutions, and specialty food grade
and pharmaceutical equipment. Its innovative products are sold
under the following brand names: Wabash National®, Beall®, Benson®,
Brenner® Tank, Bulk Tank International, DuraPlate®, Extract
Technology®, Supreme®, Transcraft®, Walker Engineered Products, and
Walker Transport. Learn more at www.wabashnational.com.
Media Contact: Dana Stelsel
Director, Corporate Communications (765)
771-5766dana.stelsel@wabashnational.com
Investor Relations: Ryan
Reed Director, Investor Relations (765)
771-5310ryan.reed@wabashnational.com
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