Shyft Group adds two new directors

NOVI—Officials at Shyft Group Inc. (Nasdaq: SHYF), formerly Spartan Motors, announced the addition of Terri Pizzuto and Mark Rourke to the company’s board of directors.

Shyft is a manufacturer of specialty vehicles and upfit for the parcel delivery market, as well as the broader commercial, retail, and service specialty vehicle markets.

Pizzuto was also appointed to the board’s audit committee, and Rourke was appointed to the board’s human resources and compensation committee.

Pizzuto brings nearly four decades of executive financial experience, most recently as executive vice president, CFO and treasurer of Hub Group Inc., a publicly traded provider of supply chain products and services. Prior to her time at Hub Group, Pizzuto, a CPA, spent 22 years at Arthur Andersen LLP.

“I am delighted to join The Shyft Group Board during a time of incredible momentum, not only in our business, but in the industries we serve,” Pizzuto said. “I look forward to lending my diverse experience across transportation and logistics and helping to accelerate the company’s continued growth.”

Rourke currently serves as president and CEO of Schneider National Inc. (NYSE: SNDR), a publicly traded provider of truckload, intermodal, and logistics services, managing a fleet of 9,100 company trucks and 58,000 trailers and containers throughout North America.  Since starting his career with Schneider National in 1987, Rourke has served in a series of leadership positions of increasing responsibility, including roles as executive vice president and COO,  which he held prior to his appointment to president and CEO in 2019.

“With the rapidly evolving industry served by The Shyft Group, I am excited to join the Board and offer my unique experience as a fleet operator to the Company’s operations and our customers,” Rourke said. “The Shyft Group has experienced significant growth and momentum throughout 2020, and I look forward to contributing to the Board’s strategic oversight and guidance, as we seek to enhance the value The Shyft Group brings to all our stakeholders.”

The Shyft board now consists of chairman James Sharman, Daryl Adams, Thomas Clevinger, Richard Dauch, Michael Dinkins, Angie Freeman, Ron Harbour, Paul Mascarenas, Terri Pizzuto, and Mark Rourke.

Shyft Group customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities, the trades, and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & Services and Shyft Specialty Vehicles. Today, its family of brands includes Utilimaster, Royal Truck Body, Strobes-R-Us, Spartan RV Chassis, Builtmore Contract Manufacturing, and corresponding aftermarket provisions. Shyft employs 2,900 employees at plants and offices in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The company reported sales from continuing operations of $757 million in 2019.

More at www.TheShyftGroup.com.

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