CHARLOTTE, Mich., June 4, 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 Paul A.
Mascarenas has been appointed to the Company's Board of
Directors effective June 1, 2018.
He was also appointed to the Board's Compensation
Committee.
The addition of Mr. Mascarenas to the Board of Directors brings
exceptional global experience in research and development,
engineering, and product innovation gained throughout his 32-year
career with Ford Motor Company. Most recently, Mr. Mascarenas
served as Chief Technical Officer, where he led the company's
research and advanced engineering activities, including development
of Ford's "Blueprint for Mobility," V2X (vehicle-to-infrastructure)
communications, and autonomous driving technologies.
Previously, Mr. Mascarenas was the Vice President of Engineering at
Ford, where he led a team of 6,000 engineers in Ford's Global
Product Development organization.
James Sharman, Chairman of the
Board, commented on Mr. Mascarenas' appointment, "We are pleased to
welcome Paul to Spartan's Board of Directors. His extensive
global experience and leadership in advanced automotive
technologies will be a valuable resource for the Board and
management as we work to advance Spartan's strategic efforts in
alternative drive technologies. We look forward to his
contribution to our Board through his world-class base of
experience."
Mr. Mascarenas currently serves on the boards of United States
Steel Corporation, a leading producer of steel and steel products
in North America and Europe, and ON Semiconductor Corporation, a
leading manufacturer of semiconductor components. Mr.
Mascarenas holds a Bachelor of Science Degree in Mechanical
Engineering from the University of London, King's College, and an honorary
doctorate degree from Chongqing
University in China. In January
2015, Mr. Mascarenas was awarded an OBE by Her Majesty Queen
Elizabeth II, for his services to the automotive industry.
"I look forward to joining Spartan Motors' Board of
Directors. I believe my background and experience, will
further the efforts of the Company to expand into alternative drive
technologies and enhance the product offering in the last mile
delivery market. I am pleased to share my engineering and
technical expertise with the Board and management team to progress
Spartan's strategic growth vision," Mr. Mascarenas commented.
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.