The Shyft Group, Inc. Announces Resignation of Thomas Clevinge to Board of Directors, Effective December 31, 2023
December 22, 2023 at 04:30 pm EST
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On December 22, 2023, Thomas Clevinger, a member of the Board of Directors of The Shyft Group, Inc. resigned from the Company?s Board of Directors (the ?Board?) effective December 31, 2023. Mr. Clevinger has indicated that his resignation was due to personal reasons and not the result of any disagreement with the Company, its management, the Board or any committee of the Board. Effective upon Mr. Clevinger?s resignation as a director, the size of the Company's Board will be reduced from ten to nine directors.
The Shyft Group, Inc. is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle, including last-mile delivery, specialty service and vocation-specific upfit segments and recreational vehicle industries. The Companyâs segments include Fleet Vehicles and Services (FVS) and Specialty Vehicles (SV). The FVS segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trade and construction industries. The Specialty Vehicles segment includes a portfolio of business that provides service bodies, RV chassis, vocational upfit and contract manufacturing products and services. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, and luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services.