US-based Allison Transmission has announced the appointment of David S. Graziosi as the CEO. Graziosi served as the president and chief financial officer since January 2016, and succeeds Lawrence E. Dewey, who retired on May 31 as Allison’s longest-serving executive in the 103-year history of the company. Joining Allison as executive vice president, CFO and treasurer in November 2007 shortly after the sale of Allison by General Motors to ‘The Carlyle Group’ and ‘Onex Corporation’,

which ultimately led to an initial public offering in March 2012, Graziosi was appointed as the president in January 2016. As president, he oversaw operations, purchasing and supplier-quality, quality and reliability, legal, corporate affairs and communications, internal audit, human resources, information systems and services, and financial activities. Beginning his career in public accounting with a long standing experience in multi-national manufacturing businesses, Graziosi, will retain his role as the president too.