Allison Transmission announces G. Frederick Bohley as new chief operating officer
Allison Transmission Holdings recently appointed G. Frederick Bohley III as the new chief operating officer. This appointment was approved by Allison's Board of Directors.
Bohley, who has been with Allison Transmission since 1991, will continue to hold his current roles as chief financial officer and treasurer while taking on his new responsibilities as COO. In his expanded role, he will oversee the finance, strategy, and business and corporate development, information systems and services, and operations organizations.
"Fred is a highly respected member of our team who has demonstrated exceptional leadership and a deep understanding of our company and our industry," said David Graziosi, chair and CEO of Allison Transmission. "His extensive experience and successful track record make him the ideal choice to help drive our strategic initiatives and growth. I am confident in Fred's ability to lead these critical areas of our business."
Bohley's career at Allison Transmission has been marked by achievements and progressive leadership roles. He has been instrumental in overseeing all aspects of financial management and has played a key role in setting the company's strategic direction. His previous roles have included general accountant, tax specialist, internal auditor, and various director-level positions such as director of Latin American operations and director of international marketing and business planning.
The company has begun a search for a new CFO to succeed Bohley in these roles. In the interim, he will continue to serve in these capacities to ensure a smooth transition.
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Accelera by Cummins, Daimler Truck, and Paccar complete battery joint venture transaction to form Amplify Cell Technologies and name new CEO
Accelera by Cummins, Daimler Truck & Buses US Holding, and Paccar have completed the formation of their joint venture, now known as Amplify Cell Technologies, to localize battery cell production and the battery supply chain in the U.S.
This collaboration will advance zero-emissions technology for electric commercial vehicles and industrial applications.
Amplify will soon begin construction of a 21-gigawatt-hour factory in Marshall County, Mississippi., with the potential for further expansion as demand grows. The factory is expected to create more than 2,000 U.S. manufacturing jobs and is targeting the start of its production operations in 2027.
Amplify Cell Technologies has named Kel Kearns as the new CEO. Kearns will lead Amplify in producing differentiated lithium-iron-phosphate battery cells that create value for commercial vehicle customers in North America. Kearns’ career spans several decades holding various roles in automotive and manufacturing industries, with his most recent responsibility focused on large-scale electric vehicle manufacturing.
Accelera, Daimler Truck, and Paccar each own 30% of the business. EVE Energy serves as the technology partner with 10% ownership and contributes its battery cell design and manufacturing expertise to the venture. EVE Energy is a global technology leader in the manufacture of LFP battery cells for the vehicle industry.
“Cummins’ power solutions are at the heart of the economy, and we have the responsibility to decarbonize in a way that meets our customers’ varied needs as they navigate the energy transition,” said Jennifer Rumsey, chair and CEO, Cummins. “Amplify Cell Technologies will enable Accelera by Cummins and our partners to deliver solutions that best serve our customers and the planet. This is a significant step forward as we lead our industry into the next era of smarter, cleaner power.”