Allison Transmission Announces Chief People Officer, Lorraine Parker-Clegg
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INDIANAPOLIS, October 7, 2020 – Allison Transmission is pleased to announce that Lorraine Parker-Clegg joined the company as Chief People Officer in Human Resources on October 5, 2020. She will be responsible
for the Global Human Resources agenda in support of the worldwide Allison team. Lorraine has extensive experience both internationally and in the United States. Most recently, she served as Chief Human Resources Officer with Doncasters
Group Ltd. based in the United States and headquartered in the United Kingdom. Doncasters is a manufacturer of high precision alloy components designed to operate in demanding conditions, serving OEMs that manufacture aircraft engines, industrial
gas turbines and specialist automotive products.
Prior to Doncasters, Lorraine held leadership positions with Medtronic and Covidien (acquired by Medtronic). Her assignments included four years supporting the growth plan for the fast-evolving Emerging Markets unit as Vice President, HR with over
4,500 employees. Lorraine’s second assignment, based in Singapore, included the development of a new Asia Pacific human resources team as the company was merging two regional organizations to a workforce of 6,000 employees. The focus areas
for both assignments included foresight in workforce planning, better visibility of the talent needed to provide industry leadership and commercial excellence, while ensuring an inclusive culture to drive engagement and innovation. These experiences
will serve her well as she supports the Allison team and pursuit of further global growth.
Prior experience includes an assignment with B/E Aerospace Fastener and Consumables Management in Florida and a 16-year tenure with Bristol-Myers Squibb Company. This included roles as Director of Talent Acquisition in New Jersey, Director of Human
Resources in Paris, France, Director Human Resources in Prague, Czech Republic and the United Kingdom. Her career originated in sales following the completion of her Bachelor of Arts degree in Sports Studies at Sheffield Hallam University. Lorraine
is a Chartered Fellow of the Institute of Personnel and Development.
Lorraine commented, “I am honored and excited to join the team and to be able to contribute to the continued pursuit of excellence in the people practices of the organization and in support of Allison’s long tradition of a commitment to innovation
and quality.”
Lorraine embodies a collaborative spirit, exudes enthusiasm, appreciates manufacturing and focuses on building strong teams. She is a well-developed, commercially experienced human resources professional with broad business and global experience
across multiple industries and we welcome her to our organization.
07 Oct, 2020
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified
propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach),
motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more
than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis,
Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
Legal
This press release contains forward-looking statements. The words “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management’s good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: our participation in markets that are competitive; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs, including with respect to electric hybrid and fully electric commercial vehicles; increases in cost, disruption of supply or shortage of labor, freight, raw materials, energy or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of geopolitical risks, wars and pandemics; global economic volatility; general economic and industry conditions, including the risk of recession; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers or suppliers; the highly cyclical industries in which certain of our end users operate; uncertainty in the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of any one of these; the failure of markets outside North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; U.S. and foreign defense spending; risks associated with our international operations, including acts of war and increased trade protectionism; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to identify, consummate and effectively integrate acquisitions and collaborations; risks related to our indebtedness; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations and risks related to our indebtedness.
SOURCE Allison Transmission Holdings Inc.