Oshkosh Corporation Announces Leadership Transition at Oshkosh AeroTech
13 December 2024 - 8:30AM
Business Wire
Oshkosh Corporation (NYSE: OSK), a leading innovator of
purpose-built vehicles and equipment, announced the appointment of
Ranjit Nair as President of Oshkosh AeroTech. Nair will succeed
Chuck Durst, who will retire at the end of March 2025 after more
than 39 years of dedicated service to the company.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241212151239/en/
Oshkosh Corporation announced the
appointment of Ranjit Nair as President of Oshkosh AeroTech. Nair
will succeed Chuck Durst, who will retire at the end of March 2025
after more than 39 years of dedicated service to the company. Nair
has more than 20 years of leadership in the heavy-duty equipment
space and comes to Oshkosh from Epiroc, which recently acquired
Stanley Black & Decker’s Infrastructure business where he
served as the president of Stanley Infrastructure. Prior to Stanley
Black & Decker, Nair worked at Deere & Company in roles
across the U.S. and globally including vice president of global
supply management as well as chief executive officer of John Deere
India. (Photo: Business Wire)
Nair has more than 20 years of leadership in the heavy-duty
equipment space and comes to Oshkosh from Epiroc, which recently
acquired Stanley Black & Decker’s Infrastructure business where
he served as the president of Stanley Infrastructure. Prior to
Stanley Black & Decker, Nair worked at Deere & Company in
roles across the U.S. and globally including vice president of
global supply management as well as chief executive officer of John
Deere India.
“We’re pleased to welcome Ranjit to Oshkosh AeroTech,” said John
Pfeifer, president and chief executive officer of Oshkosh
Corporation. “His global leadership experience and proven ability
to drive technological advancements make him well-suited to lead
our efforts in the aviation industry. We are confident that
Ranjit’s strategic vision and collaborative approach will
accelerate our growth, both domestically and internationally. We
also want to extend our gratitude to Chuck Durst for his many
contributions to the company, which have been instrumental in
positioning Oshkosh AeroTech for future success.”
Nair’s appointment underscores Oshkosh AeroTech's commitment to
driving advancements in electrification, autonomy and connected
solutions, positioning the business as a technology leader for
aviation gate and ground support operations. With a focus on
meeting the demands of dynamic passenger travel and freight trends,
Nair will guide Oshkosh AeroTech in delivering innovative solutions
to evolving industry challenges.
“I look forward to joining Oshkosh Corporation and leading the
Oshkosh AeroTech business,” said Nair. “With a strong commitment to
a people-first culture, Oshkosh delivers market-leading innovations
across a diversified range of end markets. I’m excited to work with
the team to advance its offerings for the aviation industry, while
delivering exceptional customer value.”
Nair holds a Bachelor of Science degree from the University of
Maryland and an MBA from Duke University.
To learn more about Oshkosh Corporation, please visit
oshkoshcorp.com.
About Oshkosh
Corporation
At Oshkosh (NYSE: OSK), we make innovative, mission-critical
equipment to help everyday heroes advance communities around the
world. Headquartered in Wisconsin, Oshkosh Corporation employs over
18,000 team members worldwide, all united behind a common purpose:
to make a difference in people’s lives. Oshkosh products can be
found in more than 150 countries under the brands of JLG®, Pierce®,
MAXIMETAL, Oshkosh® S-Series™, Oshkosh® Defense, McNeilus®, IMT®,
Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products,
Oshkosh AeroTech™ and Pratt Miller. For more information, visit
oshkoshcorp.com.
®, ™ All brand names referred to in this news release are
trademarks of Oshkosh Corporation or its subsidiary companies.
Forward Looking
Statements
This news release contains statements that the Company believes
to be “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact, including, without
limitation, statements regarding the Company’s future financial
position, business strategy, targets, projected sales, costs,
earnings, capital expenditures, debt levels and cash flows, and
plans and objectives of management for future operations, are
forward-looking statements. When used in this news release, words
such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe,” “should,” “project” or “plan” or the
negative thereof or variations thereon or similar terminology are
generally intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance
and are subject to risks, uncertainties, assumptions, and other
factors, some of which are beyond the Company’s control, which
could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors include risks related to the Company’s ability to
successfully execute on its strategic road map and meet its
long-term financial goals. Additional information concerning these
and other factors is contained in the Company’s filings with the
Securities and Exchange Commission. All forward-looking statements
speak only as of the date of this news release. The Company assumes
no obligation, and disclaims any obligation, to update information
contained in this news release. Investors should be aware that the
Company may not update such information until the Company’s next
quarterly earnings conference call, if at all.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241212151239/en/
Financial: Patrick Davidson Senior Vice President, Investor
Relations 920.502.3266 Media: Tim Gilman Senior Manager,
Communications and Branding 920.509.0617
Oshkosh (NYSE:OSK)
Historical Stock Chart
From Dec 2024 to Jan 2025
Oshkosh (NYSE:OSK)
Historical Stock Chart
From Jan 2024 to Jan 2025