Legal Proceedings.
−Removed: The information set forth under the heading “Other Contingencies” appearing in Note 10.
−Removed: “Commitments and Contingencies,” to the Notes to Consolidated Financial Statements contained in PART II, ITEM 8 of this report is incorporated herein by reference.
+Added: The information set forth under the heading “Other Contingencies” appearing in Note 11, “Commitments and Contingencies,” to the Notes to Consolidated Financial Statements contained in PART II, ITEM 8 of this report is incorporated herein by reference.
Mine Safety Disclosures.
3 unchanged sentences
Name Age Position with the Company
−Removed: Berman 63 Executive Chairman
Olsen 52 President and Chief Executive Officer
−Removed: Anderson 64 President, Heavy Duty
+Added: Borradaile 46 Senior Vice President, Strategy and Corporate Development
Braun 50 Senior Vice President, General Counsel and Secretary
1 unchanged sentence
Hession 55 Senior Vice President, Chief Financial Officer and Treasurer
+Added: Lindsay Hunt 38 President and Chief Executive Officer, Specialty Vehicles
Leff 52 Senior Vice President, Chief Human Resources Officer
1 unchanged sentence
Luftig 50 Senior Vice President, Product
−Removed: John McKnight 54 Senior Vice President, Operations
−Removed: Berman became the Executive Chairman of the Company in September 2015.
−Removed: Additionally, Mr.
−Removed: Berman has served as a director of the Company since its inception in 1978.
−Removed: From January 2011 to September 2015, Mr.
−Removed: Berman served as Chairman of the Board and Chief Executive Officer of the Company and from October 2007 to January 2011, Mr.
−Removed: Berman served as President of the Company.
−Removed: Prior to October 2007, Mr.
−Removed: Berman served as Executive Vice President of the Company.
−Removed: As reported in the Company’s Form 8-K filed on February 24, 2023, Mr.
−Removed: Berman will transition from the Company’s Executive Chairman to Non-Executive Chairman of the Company’s Board of Directors on April 1, 2023.
+Added: John McKnight 55 President, Heavy Duty
Olsen joined the Company in July 2016 as Senior Vice President and Chief Financial Officer.
5 unchanged sentences
Olsen performed public accounting work at PricewaterhouseCoopers LLP.
−Removed: Olsen is also a director of Twin Disc, Inc., (Nasdaq:
−Removed: TWIN), an international manufacturer and worldwide distributor of heavy-duty off-highway and marine power transmission equipment and related products.
−Removed: Anderson joined the Company in August 2021 as President, Heavy Duty, in connection with the Company’s acquisition of Dayton Parts, a manufacturer and distributor of chassis and other parts for the heavy-duty vehicle sector of the aftermarket.
−Removed: Anderson most recently served as President and Chief Executive Officer of Dayton Parts, a role that he held beginning in July 2016.
+Added: Olsen is also a director of Twin Disc, Inc., a publicly traded international manufacturer and worldwide distributor of heavy-duty off-highway and marine power transmission equipment and related products.
+Added: Borradaile was appointed to serve as the Company’s Senior Vice President, Strategy and Corporate Development in February 2023.
+Added: Borradaile previously served as Vice President, Corporate Development when he joined the Company in December 2017.
Prior to that time, Mr.
−Removed: Anderson held roles of increasing responsibility within Dayton Parts and its predecessor, TRW Heavy Duty Parts, including as Product Engineer, Product Manager and Vice President of Manufacturing.
+Added: Borradaile worked in the automotive, technology, and industrial manufacturing industries, including positions at Aptiv Plc (formerly Delphi Automotive Plc), a leading global technology and mobility architecture company primarily serving the automotive sector, TE Connectivity Ltd., a publicly traded global industrial technology leader, and various private equity companies.
Braun joined the Company in April 2019 as Senior Vice President and General Counsel, and he was appointed Corporate Secretary in May 2019.
1 unchanged sentence
Braun served as Chief Legal Officer and Corporate Secretary of Avantor, Inc., a leading global provider of products and services to customers in the life sciences and advanced technologies and applied materials industries.
−Removed: Prior to joining Avantor, he worked at Tyco International plc (now known as Johnson Controls International plc), a leading global provider of security, fire detection and suppression, and life safety products and services, where he served in positions of increasing responsibility, including, most recently, as Vice President, Mergers & Acquisitions.
+Added: Prior to joining Avantor, he worked at Tyco International plc (now known as Johnson Controls International plc), a leading global provider of security, fire detection and suppression, and life safety products and services, where he served in positions of increasing responsibility, including, most recently, as Vice President, Mergers &
+Added: Acquisitions.
Braun began his legal career in private practice at various law firms, where he advised public and private companies on mergers and acquisitions and securities and corporate governance matters.
10 unchanged sentences
Hession also previously held positions with Tradeout, Inc., a business-to-business Internet exchange for surplus inventory and fixed assets, and Xylum Corporation, a development stage medical device manufacturer, and he performed management consulting work for Ernst & Young, LLP and Peterson Consulting LP.
+Added: Hunt joined the Company in October 2022 as President and Chief Executive Officer, Specialty Vehicles, in connection with the Company’s acquisition of Super ATV, LLC, a leading supplier to the powersports aftermarket (“SuperATV”).
+Added: Hunt most recently served as President and Chief Executive Officer of SuperATV, a role that she held beginning in April 2021.
+Added: Prior to that time, Ms.
+Added: Hunt served SuperATV in roles of increasing responsibility, including leadership positions in sales and marketing, new product development and operations.
+Added: Hunt joined SuperATV in 2009.
Leff joined the Company in April 2019 as Senior Vice President, Chief Human Resources Officer.
17 unchanged sentences
Luftig served in various engineering, sales and marketing roles for publicly and privately held companies, including General Electric, a leader in the power, renewable energy, aviation and healthcare industries, and Nordson Corporation, a designer and manufacturer of dispensing equipment for consumer and industrial adhesives, sealants and coatings.
−Removed: John McKnight joined the Company in November 2019 as Senior Vice President, Operations.
−Removed: Prior to joining the Company, he served as Chief Operating Officer of Morgan Corporation, a leading producer of truck and van bodies in North America, from January 2019 to September 2019, and as Chief Operating Officer of
−Removed: Consolidated Glass Holdings, Inc., a holding company for architectural, security, and custom glass and metal fabrication businesses, from September 2017 to July 2018.
+Added: John McKnight joined the Company in November 2019 as Senior Vice President, Operations and on March 10, 2023, Mr.
+Added: McKnight was appointed President, Heavy Duty.
+Added: Prior to joining the Company, he served as Chief Operating Officer of Morgan Corporation, a leading producer of truck and van bodies in North America, from January 2019 to September 2019, and as Chief Operating Officer of Consolidated Glass
+Added: Holdings, Inc., a holding company for architectural, security, and custom glass and metal fabrication businesses, from September 2017 to July 2018.
Prior to September 2017, Mr.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.