Allison Adds New Face to Board

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Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has appointed David Everitt to its Board of Directors. He most recently served as interim chief executive officer of Camp Hill, Pa.-based Harsco Corp. (NYSE: HSC). August 8, 2014

News Release

INDIANAPOLIS, Ind. -- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that David Everitt has been appointed to its Board of Directors.

David Everitt most recently served as Interim Chief Executive Officer of Harsco Corporation from February 2014 to August 2014. Prior to that, Mr. Everitt had been with Deere & Company since 1975, when he joined Deere as an engineer following his graduation from Kansas State University. Over the next nearly four decades, Mr. Everitt held positions of increasing responsibility, most recently responsible for the sales and marketing of all North America and Asia as well as global design and production of John Deere tractors and turf and utility and global Ag Solutions Systems. Mr. Everitt also serves on the board of directors for Agrium Inc., Brunswick Corporation and Harsco Corporation.

"We are delighted that David has agreed to join our Board of Directors," said Lawrence E. Dewey, Chairman of the Board of Directors. "His vast expertise in the industrials sector and his management experience will be of great value to Allison and we look forward to his contributions."

Mr. Everitt's initial term will expire at the 2016 annual meeting of stockholders, at which time it is expected that Mr. Everitt will be included as a nominee for re-election at the meeting. The Board has not appointed Mr. Everitt to serve on any committees at this time.

About Allison Transmission

Allison Transmission (NYSE: ALSN) is the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,700 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com

SOURCE Allison Transmission Holdings Inc.