INDIANAPOLIS - Allison Transmission (ALSN), a global provider of commercial and defense vehicle propulsion solutions with a market capitalization of $8 billion, has announced significant changes to its leadership team, aiming to bolster its sales and marketing strategies. According to InvestingPro data, the company maintains a strong financial health score and trades at an attractive P/E ratio of 11.2.
Effective immediately, Avery Sheets has been appointed as Executive Director, North America Regional Sales and National Accounts. Sheets will oversee the sales teams across the U.S., Canada, and Mexico, focusing on enhancing relationships with commercial vehicle fleets and dealers to drive sales growth and market share.
Alex Schey steps into the role of Executive Director, Global Marketing and External Communications. Schey will lead a global team to align marketing efforts with Allison’s corporate strategy, aiming to expand revenue and market share while managing the Allison brand and its value propositions.
In the aftermarket arena, Ashwin Gopalaswamy has been promoted to Executive Director, Global Channel Aftermarket and Warranty. Gopalaswamy will manage the company’s global technical assistance and warranty management, as well as the performance of Allison’s independent distributor network.
Lastly, Shawn Wasson has been named Managing Director, North America OEM Sales. Wasson’s role includes cultivating relationships with key North America vocational OEMs and body builders, and strategizing on product sales and operations planning.
John Coll, Senior Vice President Marketing Sales & Service (MSS) at Allison, expressed confidence in the newly appointed leaders, highlighting their diverse experience and deep understanding of the industry as key to meeting customer needs and driving business growth.
Allison Transmission, founded in 1915 and headquartered in Indianapolis, Indiana, is the largest global manufacturer of medium- and heavy-duty fully automatic transmissions. The company’s products are widely used across various applications, from on-highway vehicles to defense. With annual revenue of $3.2 billion and strong liquidity metrics, Allison operates in over 150 countries, with manufacturing facilities in the USA, Hungary, and India, and approximately 1,600 independent distributor and dealer locations worldwide. InvestingPro analysis shows the company has maintained dividend payments for 14 consecutive years, demonstrating consistent financial stability.For detailed insights into Allison’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro, which covers over 1,400 US stocks with expert analysis and actionable intelligence.
The information in this article is based on a press release statement from Allison Transmission.
In other recent news, Allison Transmission reported its Q1 2025 earnings, which showed a mixed financial performance. The company achieved an earnings per share (EPS) of $2.23, surpassing analyst expectations of $2.10. However, revenue fell short of projections, coming in at $766 million compared to the anticipated $792.25 million. Despite the revenue miss, Allison Transmission’s strong cash flow and profit growth were notable, with net income rising to $192 million, a $23 million increase year-over-year. The company also announced that its 3040MX transmission was chosen for India’s Future Infantry Combat Vehicle prototype, potentially generating significant revenue over the next two decades. Additionally, Allison Transmission’s FuelSense 2.0 technology has been standardized in Daimler Truck North America’s Freightliner and Western Star trucks, aiming to enhance fuel efficiency. The company continues to expand its global service network, strengthening its presence in Japan and West Africa. Looking ahead, Allison Transmission projects net sales between $3.2 billion and $3.3 billion for the full year 2025.
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