Company Also Named 2016 Best Governance, Risk, and Compliance Program
at Small to Mid-Cap Company
OSHKOSH, Wis.--(BUSINESS WIRE)--
Oshkosh Corporation (NYSE: OSK), a leading manufacturer of specialty
vehicles and vehicle bodies, announced today that its Board of Directors
chairman Richard M. (Dick) Donnelly, was named Non-Executive Chairman of
the Year by the New York Stock Exchange (NYSE) Governance Services. This
is the third year of this prestigious award, which was given out at the
NYSE’s Annual Governance, Risk and Compliance (GRC) Leadership Awards
program held June 8 in New York City. NYSE or NASDAQ listed companies
are eligible for the award.
“NYSE Governance Services would like to congratulate the individuals and
organizations that have truly exemplified the highest standards of
compliance, ethics and governance. Their dedication and noteworthy
achievements truly set the bar for best practices and standards in
corporate governance, which plays an integral role in a company’s
success and long-term value to its shareholders,” said Adam Sodowick,
President, NYSE Governance Services.
“Dick is a great asset for our Company,” said Wilson R. Jones, Oshkosh
Corporation president and chief executive officer. “He is an
accomplished leader with an unquestionable commitment to strong
corporate governance. Oshkosh has benefited greatly from his service as
we continually strive to create long term shareholder value. It is an
honor and privilege to work closely with him."
Mr. Donnelly has served as a director of the Company since 2001 and as
chairman since 2011. From 1961 until his retirement in 1999, he held
various positions with General Motors Corporation, a manufacturer of
motor vehicles, including most recently as President and Group Executive
of General Motors, Europe, a division of General Motors Corporation.
From 2000 through September 2009, Mr. Donnelly served as an Industrial
Partner in Ripplewood Holdings LLC, a private equity investment firm
located in New York, N.Y., where he was responsible for its global
automotive supply portfolio. He was also chairman of Niles Co., Ltd. and
Honsel International Technologies S.A., and serves as a Trustee of
Colonial Williamsburg Foundation.
Oshkosh Corporation was also recognized at the event for the 2016 Best
Governance, Risk, and Compliance Program at a Small to Mid-Cap Company.
Oshkosh was chosen based on the Company’s commitment to maintaining a
governance, risk and compliance program that is clearly ingrained
throughout the culture of the company.
The GRC Leadership Awards celebrate and recognize exemplary companies
and individuals exceeding the requirements of governance, regulation,
and compliance; aiming for and obtaining excellence in their respective
fields; and serving as models for other companies to emulate.
About NYSE Governance Services
NYSE Governance Services is the leading governance, compliance, and
education solutions provider for companies and their boards of
directors. Through a complete set of technology-enabled and data-driven
solutions designed to address compliance, accountability, and risk
management, NYSE Governance Services helps companies comprehensively
build a culture of integrity from employee to board level. NYSE
Governance Services is a subsidiary of the New York Stock Exchange
Group, an Intercontinental Exchange company (NYSE:ICE). For more
information, connect with us at nyse.com/governance, @nysegov or
LinkedIn.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of
global futures and equity exchanges and provides world class clearing,
data, and listing services across many markets. The New York Stock
Exchange is the world leader in capital raising and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange,
Interactive Data, and Trayport. Information regarding additional
trademarks and intellectual property rights of Intercontinental Exchange
Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 – Statements in this press release regarding ICE's business that
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2015, as filed with the SEC on February 4, 2016.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of
a broad range of access equipment, commercial, fire & emergency,
military and specialty vehicles and vehicle bodies. Oshkosh Corporation
manufactures, distributes and services products under the brands of
Oshkosh®, JLG®, Pierce®, McNeilus®,
Jerr-Dan®, Frontline™, CON-E-CO®, London®
and IMT®. Oshkosh products are valued worldwide by rental
companies, concrete placement and refuse businesses, fire & emergency
departments, municipal and airport services and defense forces, where
high quality, superior performance, rugged reliability and long-term
value are paramount. For more information, visit www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are
trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-Looking Statements
This press release contains statements that the Company believes to be
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact, including, without limitation, statements
regarding the Company’s future financial position, business strategy,
targets, projected sales, costs, earnings, capital expenditures, debt
levels and cash flows, and plans and objectives of management for future
operations, are forward-looking statements. When used in this press
release, words such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe,” “should,” “project” or “plan” or the negative
thereof or variations thereon or similar terminology are generally
intended to identify forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject to
risks, uncertainties, assumptions and other factors, some of which are
beyond the Company’s control, which could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements.
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Source: Oshkosh Corporation