Allison Transmission Holdings announced the appointment of G. Frederick (Fred) Bohley III as the new chief operating officer, effective immediately. This appointment was approved by Allison’s board of directors.
Bohley, who has been with Allison Transmission since 1991, will continue to hold his current roles as chief financial officer and treasurer while taking on his new responsibilities as chief operating officer. In his expanded role, Fred will oversee the Finance, Strategy and Business & Corporate Development, Information Systems & Services (IS&S) and Operations organizations.
“Fred is a highly respected member of our team who has demonstrated exceptional leadership and a deep understanding of our company and our industry,” said David Graziosi, chair and CEO of Allison Transmission. “His extensive experience and successful track record make him the ideal choice to help drive our strategic initiatives and growth. I am confident in Fred’s ability to lead these critical areas of our business.”
Bohley’s career at Allison Transmission has been marked by significant achievements and progressive leadership roles, the company said. He has been instrumental in overseeing all aspects of financial management and has played a key role in setting the company’s strategic direction. His previous roles have included general accountant, tax specialist, internal auditor and various director-level positions such as director of Latin American operations and director of international marketing and business planning.
The company said it has begun an extensive search for a new chief financial officer to succeed Bohley in these roles. In the interim, he will continue to serve in these capacities to ensure a smooth transition.
“We believe this new appointment will enhance our ability to meet the challenges ahead and continue our tradition of innovation and excellence,” added Graziosi. “Please join me in congratulating Fred on his new role and responsibilities.”