G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
Bohley, 50, will take over the position on June 1. He will assume the duties from current Allison President David Graziosi, who is slated to become CEO on the same date. Graziosi has been CFO since joining Allison in 2007.
"Fred has been an instrumental member of our organization for many years," Graziosi said in a media release. "I have worked closely with Fred, and I am confident in his ability to continue driving our vision and values in his new role as chief financial officer."
Founded in 1915, Allison makes automatic transmissions for medium- and heavy-duty commercial vehicles. The company has about 2,600 employees worldwide and has a market presence in more than 80 countries.
Bohley began his career with Allison in 1991 and has served in a number of high-profile finance, planning and managerial positions.
Since 2003, his resume has included director of Latin American operations and director of international marketing and business planning. In October 2007, following Allison's divestiture from General Motors, Bohley was promoted to executive director of financial planning and analysis, pricing and international finance.
He added investor relations to his responsibilities in January 2013 and business planning in August 2014. He was promoted to vice president, with the added responsibility of supervising the treasury department, in March 2016, and became treasurer in July 2017.
"I am honored to assume the role of CFO," Bohley said in a media release. "I look forward to working with Dave, the Allison leadership team and our board of directors to ensure Allison remains an industry leader in fully automatic transmissions, while also realizing new opportunities that lie ahead. We are focused on improving the way the world works."