The new chief executive officer of Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has begun his new role. David Graziosi, who was named CEO in August, succeeds Lawrence Dewey, who retired Thursday.
Graziosi joined Allison in 2007 as vice president, chief financial officer and treasurer. He was named president in January 2016 and will retain that position in addition to his duties as CEO.
"Right now is an exciting time to be part of the Allison family and this industry," said Graziosi. "I believe this company and its talented employees are well-positioned to realize the opportunities that lie ahead, while continuing the heritage of leadership in the markets we serve and in the communities where we live and work."
Additionally, Fred Bohley has begun his new role as CFO of Allison, succeeding Graziosi in that role. Bohley was named to the position earlier this month and will also retain his position as treasurer of the company.