Allison Transmission Welcomes Scott Mell as New Chief Financial Officer

Allison Transmission (ALSN), a prominent player in designing and manufacturing propulsion solutions for commercial and defense vehicles, has announced the appointment of Scott Mell as the new Chief Financial Officer (CFO) and Treasurer. Effective April 14, 2025, this significant change comes after Fred Bohley transitioned to the role of Chief Operating Officer (COO) in June 2024, continuing his duties as CFO during the transition period.

A Seasoned Executive

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Scott Mell brings nearly 30 years of diverse experience to his new role, offering a wealth of strategic and financial leadership. His background includes working with organizations undergoing significant changes, where he has successfully enhanced their operational value. Notably, Mell has substantial international experience, having worked closely with teams and projects spanning Asia, Europe, and South America. His history demonstrates a consistent ability to build consensus among stakeholders and to facilitate timely, effective solutions to complex challenges.

David Graziosi, the Chair and CEO of Allison Transmission, expressed excitement about Scott joining the team, emphasizing that Mell's extensive financial expertise and international experience will be vital in guiding the company toward future growth and innovation.

Responsibilities and Vision

In his capacity as CFO, Scott will oversee the entire Finance organization. This includes managing financial planning, budgeting, reporting, analysis, and regulatory compliance. Additionally, Mell will develop and implement the company's treasury strategy, focusing on cash management, risk assessment, and maintaining investor relations. His leadership will be pivotal as Allison navigates its next phase of growth and development.

Scott Mell noted, “I am thrilled to join Allison Transmission and contribute to its ongoing success. The company is known for its innovative solutions and commitment to excellence, which I find truly inspiring. I look forward to collaborating with the global Allison team to boost financial performance, execute strategic growth initiatives, and enhance shareholder value.”

Background and Experience

Before joining Allison Transmission, Scott served as the CFO of TriMas Corporation. His previous roles include the Managing Director of Recovery and Transformation Services at Riveron Consulting LLC, along with key positions at Ernst & Young LLP, McKinsey & Company, and AlixPartners, LLP. He holds a Bachelor of Business Administration from James Madison University, further solidifying his credentials in the field.

About Allison Transmission

Allison Transmission stands as a leader in the design and manufacturing of propulsion solutions for various commercial and defense vehicles. It is recognized as the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, aiming to enhance productivity across diverse applications such as distribution, refuse collection, construction, and emergency services. Founded in 1915 and headquartered in Indianapolis, Indiana, Allison has grown to establish a presence in over 150 countries. The company operates regional headquarters in the Netherlands, China, and Brazil, with manufacturing facilities located in the USA, Hungary, and India.

Incorporating advanced technologies, Allison is committed to improving how the world works through innovative products tailored for a variety of industries. The firm emphasizes its extensive global engineering resources, including dedicated centers for electrification engineering in the USA and the UK, reflecting its pledge to lead in technological advancement.

As Scott Mell steps into his new role, anticipation grows regarding his influence on Allison Transmission's financial health and strategic direction, particularly in a rapidly evolving market driven by technological advancements and changing customer needs.