Oshkosh Truck Corporation (NYSE: OSK) announced today that Timothy J. Roemer and Charles L. Szews have been elected to the company's Board of Directors.
Mr. Roemer currently serves as president of the Center for National Policy and as a distinguished fellow at the Mercatus Center at George Mason University - a non-profit research and educational institution dedicated to improving public policy outcomes. He has also served as a Trustee of the National Trust for Historic Preservation and served the country as a 9/11 Commission member. Before joining the Company’s Board, Roemer was a Member of Congress from Indiana.
“We’re pleased to welcome Tim to our Board. We expect his outstanding leadership and broad expertise in issues of national and homeland security as well as improving education to enhance the leadership our Board provides for the corporation and our shareholders," said Robert G. Bohn, Oshkosh’s chairman, president and chief executive officer.
Mr. Szews is currently the executive vice president and chief financial officer of Oshkosh Truck Corporation. He joined the company in 1996 as vice president and CFO and was appointed executive vice president in 1997.
“Charlie has been one of the key authors of Oshkosh’s business strategy, which has driven this company to superior operational success over the last decade. His recent work as president of JLG Industries for our newest and largest subsidiary, access equipment, is further evidence that Charlie has the knowledge, experience and leadership skills to be a key contributor to the Oshkosh Board. We’re delighted to welcome him aboard,” stated Bohn.
In addition to his current role at the Center for National Policy, Roemer was a partner with Johnson and Associates from 2003-2004, and prior to that was a Representative for Indiana in the U.S. House of Representatives from 1991-2003. During that time he was the ranking member on the House Permanent Select Committee on Intelligence, and served on the Committee on Education and the Workforce and the Committee on Science.
Prior to his career with Oshkosh Truck, Szews spent eight years with Fort Howard Corporation, at the time, the leading commercial tissue manufacturer in the U.S., and before that was a senior audit manager with Ernst & Young. He holds a bachelor’s degree from the University of Wisconsin – Eau Claire and is a Certified Public Accountant.
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.
