- Push-out Score determined
- After about five years in the position
- Praise and thanks for Jones
- John Pfeifer taking over
- Jones spoke at length and said 138 words
(exechange) — Oshkosh, Wisconsin, November 18, 2020 — Wilson Jones, chief executive of Oshkosh, leaves. As announced by Oshkosh Corp. in a news release and in a regulatory filing published on Wednesday, November 18, 2020, Wilson R. Jones leaves his post as chief executive officer of the heavy vehicle manufacturer for the military, emergency and commercial companies after about five years in the role, effective April 2, 2021.
Wilson Jones’s duties as CEO will be taken over by John C. Pfeifer, currently President and Chief Operating Officer of Oshkosh Corp.
“Robust succession plan”
Wilson Jones’s departure from the CEO post is explained as follows. Oshkosh said: “Consistent with the Company’s robust succession plan, John C. Pfeifer, the Company’s President and Chief Operating Officer, has been named Jones’ successor and will serve as President and CEO, also effective April 2, 2021.”
Precise information regarding Wilson Jones’s future plans was not immediately available.
Oshkosh said: “[A]fter more than 15 years of service to the Company, Wilson R. Jones will be retiring as Chief Executive Officer and as a member of the Board, effective April 2, 2021.”
Oshkosh further said: “On November 17, 2020, Wilson R. Jones, the current Chief Executive Officer of Oshkosh Corporation (the “Company”), notified the Company of his intent to retire from his position as Chief Executive Officer and his position as a director of the Company effective April 2, 2021.”
Share price increase since January 2016
The announcement follows an increase in Oshkosh Corp.’s share price of 97% since January 2016. January 2016 is the month in which Jones’s tenure as CEO began.
Chaired by Stephen D. Newlin
Stephen D. Newlin serves as Oshkosh Corp.’s Chairman.
In the position of CEO since 2016
Wilson Jones became CEO of the Company in 2016.
Wilson Jones is Oshkosh Corporation’s Chief Executive Officer and a member of the Company’s Board of Directors.
He most recently served as President and Chief Executive Officer, a position to which he was appointed in January 2016.
Jones joined Oshkosh Corporation in 2005 as the Vice President and General Manager of the Airport Products business unit.
He was appointed to Executive Vice President and President of the Fire & Emergency segment in February 2008.
In 2010, Jones took leadership of the Company’s Access Equipment segment where he helped accelerate global expansion and new product development.
In August 2012, Jones was appointed to President and Chief Operating Officer.
Jones serves on the Board of Directors for Thor Industries, Inc., one of the world’s largest manufacturers of recreational vehicles, as well as on the boards of the Green Bay Packers, Boys & Girls Club of Oshkosh, Oshkosh Kids Foundation, Oshkosh Chamber of Commerce and Wisconsin Manufacturers & Commerce.
Jones holds a bachelor’s degree in business administration from the University of North Texas G. Brint Ryan College of Business.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding the management change on a scale of 0 to 10.
exechange reached out to Oshkosh and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 47.2020 ($).