The Shyft Group Appoints Jacob Farmer as President, Specialty Vehicles
10 Julio 2023 - 3:11PM
The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in
specialty vehicle manufacturing, assembly, and upfit for the
commercial, retail, and service specialty vehicle markets, today
named Jacob Farmer as President, Specialty Vehicles, effective July
17, 2023. In his new role, Mr. Farmer will be responsible for all
aspects of the business, working with his senior leadership team
across seven go-to-market brands to guide the strategic vision of
the business unit and oversee its implementation to deliver
shareholder value. The Specialty Vehicles business segment includes
Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV
Chassis, Red Diamond™ Aftermarket Solutions and Builtmore Contract
Manufacturing™.
“We are pleased to welcome Jacob Farmer to The Shyft Group to
lead our Specialty Vehicle business,” said Daryl Adams, President
and Chief Executive Officer. “We are confident that his proven
track record of value creation through operational excellence,
product innovation and accelerated organic and inorganic growth
will enable the Specialty Vehicles team to not only deliver but
also expand on its long-term strategic vision.”
Mr. Farmer brings extensive experience in operations and
manufacturing, margin expansion, growth acceleration, program
management, product launch and mergers and acquisitions. He most
recently served as President and CEO of Trialon Corporation.
Previously, Mr. Farmer held various leadership positions at Cooper
Standard, including Global Vice President and General Manager of
the Industrial & Specialty Group. He also spent several years
at Inteva Products with leadership roles in corporate business
strategy.
Mr. Farmer is a Six Sigma Green Belt and Certified Purchasing
Manager (CPM). He holds an Executive MBA from Michigan State
University and a Bachelor of Science in Business from Indiana
University.
The Shyft Group
The Shyft Group is the North American leader in specialty
vehicle manufacturing, assembly, and upfit for the commercial,
retail, and service specialty vehicle markets. Our customers
include first-to-last mile delivery companies across vocations,
federal, state, and local government entities; the trades; and
utility and infrastructure segments. The Shyft Group is organized
into two core business units: Shyft Fleet Vehicles and Services™
and Shyft Specialty Vehicles™. Today, its family of brands include
Utilimaster®, Blue Arc™ EV Solutions, Royal® Truck Body, DuraMag®
and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Red Diamond™
Aftermarket Solutions, and Builtmore Contract Manufacturing™. The
Shyft Group and its go-to-market brands are well known in their
respective industries for quality, durability, and first-to-market
innovation. The Company employs approximately 4,200 employees and
contractors across campuses, and operates facilities in Arizona,
California, Florida, Indiana, Maine, Michigan, Missouri,
Pennsylvania, South Carolina, Tennessee, Texas, and Saltillo,
Mexico. The Company reported sales of $1.0 billion in 2022. Learn
more at TheShyftGroup.com.
CONTACTS
Media:Carrie WrightChief Marketing &
Communications OfficerCarrie.Wright@theshyftgroup.com
313.495.2904
Investors:Randy WilsonVice President, Investor
Relations and TreasuryThe Shyft
GroupRandy.Wilson@theshyftgroup.com 248-727-3755
Shyft (NASDAQ:SHYF)
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