Oshkosh Truck Corporation (NYSE:OSK), a leading designer, manufacturer and marketer of specialty vehicles and vehicle bodies, announced today that Gregory (Greg) L. Fredericksen has joined the company as senior vice president and chief procurement officer. Fredericksen will be responsible for:
- Procurement of all direct and indirect materials and capital equipment throughout the company
- Acquisition of all logistics services company-wide
- Developing and managing strategic supplier relationships
- Supplier development and supplier quality programs
- Implementing lean principles throughout the supply chain, and
- Procurement support for new product development and acquisitions.
"We're pleased to have a talented leader such as Greg joining our team. His experience heading up a global supply chain business will be instrumental in the continued development and implementation of world class practices here with Oshkosh," said Robert G. Bohn, Oshkosh Truck Corporation chairman and chief executive officer. "Our business expansion throughout Europe, Asia, Australia, the Middle East and the Americas continues to deliver new challenges in supply chain and procurement management, and we're committed to maintaining excellence in that area."
Fredericksen joins Oshkosh Truck Corporation after 22 years with General Motors Corporation, most recently responsible for GM’s sourcing of stampings and raw materials globally. He was integral to the development of GM’s supply chain strategy over the last twenty years. He has broad experience sourcing multiple commodities and components globally, working abroad, managing large global teams, as well as serving Saturn Corporation in materials management and supplier quality roles.
Fredericksen holds a bachelor’s degree in business administration from Central Michigan University.
About Oshkosh Truck Corporation
Oshkosh Truck Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire and emergency and military vehicles and vehicle bodies. Oshkosh's products are valued worldwide by rental companies, fire and emergency units, defense forces, municipal and airport support services, and concrete placement and refuse businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshtruckcorporation.com.
Forward-Looking Statements
This press release contains statements that the company believes are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the company's future financial position, business strategy, targets, projected sales, costs, earnings, capital spending and debt levels, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as "expects," "intends," "estimates," "anticipates," or "believes" and similar expressions 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 that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the cyclical nature of the company’s markets, the company’s ability to successfully integrate the JLG acquisition, the consequences of financial leverage associated with the JLG acquisition, risks related to reductions in government expenditures, the uncertainty of government contracts and the company’s ability to turnaround its Geesink Norba Group business. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission.
Contacts:
Financial:
Patrick Davidson
Vice
President, Investor Relations
920.966.5939
or
Media:
Ann
Stawski
Vice President, Marketing Communications
920.966.5959
