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OSHKOSH, Wis.--(BUSINESS WIRE)--Dec 2, 2024-- Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced the appointment of Matthew Field as chief financial officer (CFO), effective December 16, 2024. Field will succeed Michael Pack, who transitioned to president of the Company’s Vocational segment earlier this year. With over 20 years of leadership in the automotive and aerospace sectors, Field brings a strong track record in strategic financial stewardship to Oshkosh. He is currently serving as CFO of Joby Aviation, where he was instrumental in guiding the company through its public listing in 2021, establishing Joby as a leader in electric vertical take-off and landing (eVTOL) technology. Prior to Joby, Field spent more than two decades at Ford Motor Company, including as CFO of Ford North America, Ford’s largest division, representing approximately $100 billion in annual revenue. “We are pleased to welcome Matt to the organization,” said John Pfeifer, Oshkosh Corporation president and chief executive officer. “Matt is exceptionally well-suited to support our growth strategy. His extensive financial experience, strategic vision and people-first leadership style make him an excellent choice as we work to expand our innovative portfolio and drive long-term value.” “Oshkosh is an industry leader with cutting-edge products and a best-in-class operating model,” said Field. “I am excited to be a part of the strong Oshkosh culture and to leverage my skills and experience to continue to grow the business, expand margins and deliver long-term value for our customers and shareholders.” Field holds a Master of Business Administration degree from the Haas School of Business at the University of California, Berkeley and a Bachelor of Arts degree from Swarthmore College. About Oshkosh Corporation At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, MAXIMETAL, Oshkosh® S-SeriesTM, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, FrontlineTM Communications, Oshkosh® Airport Products, Oshkosh AeroTechTM and Pratt Miller. For more information, visit oshkoshcorp.com . ®, TM All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies. Forward Looking Statements This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the cyclical nature of the Company’s access equipment, fire apparatus, refuse collection and air transportation equipment markets, which are particularly impacted by the strength of U.S. and European economies and construction seasons; the Company’s estimates of access equipment demand which, among other factors, is influenced by historical customer buying patterns and rental company fleet replacement strategies; the impact of orders and costs on the U.S. Postal Service (USPS) contract; the strength of the U.S. dollar and its impact on Company exports, translation of foreign sales and the cost of purchased materials; risks that a trade war and related tariffs could reduce the competitiveness of the Company’s products; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all. View source version on businesswire.com : https://www.businesswire.com/news/home/20241202175821/en/ CONTACT: Financial: Patrick Davidson Senior Vice President, Investor Relations 920.502.3266Media: Tim Gilman Senior Manager, Communications and Branding 920.509.0617 KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN INDUSTRY KEYWORD: OTHER DEFENSE CONTRACTS OFF-ROAD TRUCKS & SUVS GENERAL AUTOMOTIVE AUTOMOTIVE DEFENSE OTHER TRANSPORT TRUCKING TRANSPORT AUTOMOTIVE MANUFACTURING OTHER AUTOMOTIVE MILITARY MANUFACTURING SOURCE: Oshkosh Corporation Copyright Business Wire 2024. PUB: 12/02/2024 04:45 PM/DISC: 12/02/2024 04:47 PM http://www.businesswire.com/news/home/20241202175821/enBIG TEN THIS WEEKBynum shot 7 of 9 from the field and 3 of 3 from the free-throw line for the Miners (6-2). Otis Frazier III added 18 points while going 6 of 9 from the floor, including 2 for 3 from 3-point range, and 4 for 4 from the line while he also had five assists. Kevin Kalu had 13 points and shot 5 of 6 from the field and 3 for 3 from the line. The Redhawks (3-6) were led in scoring by Paris Dawson, who finished with 18 points and two steals. Seattle U also got 14 points and eight rebounds from Matthew-Alexander Moncrieffe. John Christofilis had 13 points. UTEP took the lead with 18:55 left in the first half and never looked back. The score was 48-23 at halftime, with Frazier racking up 12 points. UTEP extended its lead to 77-49 during the second half, fueled by a 7-0 scoring run. Bynum scored a team-high 12 points in the second half as their team closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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Clash Erupts Between Supporters of Lydia Alhassan and John Dumelo at University of Ghana Polling StationFirst Lady Jill Biden said she supports the pardon for her son, Hunter Biden when asked during a holiday event at the White House on Monday. Radio host Charlamagne tha God argued that Democrats’ recent controversies have lost them their claim to the "moral high ground" as a party. President Biden issued a sweeping pardon for his son Hunter on Sunday after he had repeatedly said he would not do so. The first son had been convicted in two separate federal cases earlier this year. He pled guilty to federal tax charges in September, and was convicted of three felony gun charges in June after lying on a mandatory gun purchase form by saying he was not illegally using or addicted to drugs. The president argued in a statement that Hunter was "singled out only because he is my son" and that there was an effort "trying to break Hunter" in order to "break me." On The Breakfast Club radio show, Charlamagne argued instead, "Hunter was singled out because he broke the law," adding further that "he was singled out because he had an illegal gun and tax evasion charges, not because he was the president's son." Radio host Charlamagne tha God suggested that Democrats’ recent scandals have compromised their claim to the "moral high ground" compared to Republicans. (Breakfast Club Power 105.1 FM YouTube channel) TRUMP ASKS ABOUT ‘J-6’ HOSTAGES IN RESPONSE TO BIDEN'S PARDON OF HUNTER: ‘SUCH AN ABUSE’ The podcast host argued further that pardoning one’s son in such a way destroys the Democratic Party’s self-image as the party of democratic norms and ethical rule. "I honestly don't care, I just want Democrats to stop acting like they are on this moral high ground politically when they have shown us they're not, you know whether it's skipping the primary process when Biden stepped down and things like Biden pardoning his son. Stop acting like y'all the pure party and Republicans aren't," Charlamagne said, before concluding, "it also shows me elected officials can do whatever they want as long as they have the political will and courage to do it." In Biden’s statement about Hunter’s "Full and Unconditional Pardon," the president argued that his role as both "a father and a president" influenced his choice. President Joe Biden and son Hunter Biden stepping out of a bookstore while shopping in Nantucket, Massachusetts, on November 29, 2024. Biden on Sunday issued an official pardon for his son Hunter, who is facing sentencing for two criminal cases related to tax evasion and the purchase of a firearm. (MANDEL NGAN/AFP via Getty Images) HUNTER BIDEN SAYS HIS MISTAKES WERE ‘EXPLOITED’ FOR POLITICAL SPORT, SAYS HE WON'T TAKE PARDON FOR GRANTED "For my entire career I have followed a simple principle: just tell the American people the truth. They’ll be fair-minded. Here’s the truth: I believe in the justice system, but as I have wrestled with this, I also believe raw politics has infected this process and it led to a miscarriage of justice – and once I made this decision this weekend, there was no sense in delaying it further. I hope Americans will understand why a father and a President would come to this decision." CLICK HERE TO GET THE FOX NEWS APP Fox News’ Kristine Parks contributed to this report. Alexander Hall is an associate editor for Fox News Digital. Story tips can be sent to Alexander.hall@fox.com.
Drones, helicopters being considered for U.S. border, public safety minister saysSporting Lisbon 1-5 Arsenal PLAYER RATINGS: Which Gunners star put in a complete display? Who looked off the pace in midfield? Whose calming presence laid the foundations for a thumping win?Feds suspend ACA marketplace access to companies accused of falsely promising ‘cash cards’Questioning the decisions of professionals is a time-honored tradition of sports fans and automotive enthusiasts alike. Professional athletes train their entire lives, honing physiques, sharpening minds, studying every aspect of their chosen game, only to have thousands of fans spilling beverages while scrutinizing every move and shouting suggested improvements. While automotive enthusiasts aren't as vocal, we suffer the same angst and spill the occasional beverage when discussing the state of automobiles for which we've developed a passion. One area in particular that gets our blood boiling is news that a beloved model is getting the axe just because some corporate bean counter (no offense intended to those tasked with the counting of beans) placed more beans in the "cons" column than they did in the "pros." We won't include the Nissan MID4 among our lost loves since it was discontinued before it even rolled off the factory floor , but the recently announced discontinuance of the Nissan GT-R has already left a hole in some of our hearts. In addition to the GT-R, the Nissan Titan XD is among the top brand cars and trucks being discontinued in 2025 that we wish would stick around. Other Nissan models we wish were still available include the Xterra, Juke, and Murano CrossCabriolet. If you hurry, you might be able to snag a new Nissan GT-R, but with the beloved model's slated demise following a limited 2025 production run, your opportunity to be the first owner of one of Nissan's most iconic sports cars is slipping away, at least for a while. The suggested prices of the 2024 Nissan GT-R range from $121,090 for the Premium AWD version to $221,090 for the AWD Nismo. Intermediate models include the Skyline Edition and T-spec AWD. In all, these model names are reminiscent of some of the best special edition Nissan GT-Rs ever made . The top-spec 2024 Nissan GT-R Nismo AWD features a specially-tuned 600-horsepower twin-turbo 3.8-liter V6. The Nismo V6 produces 481 pound-feet of torque and gets an estimated 22 mpg on the highway using premium unleaded gas. Power transmits to all four tires through a six-speed auto-shift manual transmission and limited-slip differential system. The final GT-R features independent double wishbone suspension up front and independent multi-link rear suspension with front and rear stabilizer bars. The rack-and-pinion steering mechanism features hydraulic power-assist and speed-sensitive operation. The Titan is another discontinued model you might still find on a dealer lot if you hurry. While the Cummins diesel-powered Nissan Titan XD , discontinued following the 2019 model year, was never particularly well-suited to compete in the heavy-duty pickup truck segment it was often associated with, it served a noble purpose nonetheless. It was the worst truck, the truck that other trucks aspired to be better than. With the Titan XD's absence, other automakers could let their trucks slip into the lowest position and begin to feel comfortable there. The loss of diesel-powered half-ton trucks, and entire V8-engine lineups, are the slippery-slope that the Nissan Titan XD once held firm. While rumors of the Nissan Titan making a comeback in 2025 appear false, the gas-powered 2024 Titan XD is likely still available, although it's also being discontinued. The 2024 Titan XD featured a 400-horsepower 5.6-liter V8 with 413 lb-ft of torque. Its drivetrain consisted of a nine-speed automatic transmission, a two-speed switch-operated transfer case, and Nissan's standard four-wheel drive while the Titan XD PRO-4X trim came with an electronic locking rear differential. However, we wish the 5.0 Cummins diesel-powered Nissan Titan XD was still available. We'll admit that if you peruse the pages of SlashGear you'll find the Nissan Xterra listed among the used Nissan models you should steer clear of at all costs . But that was the 2005 model year that kicked off the Xterra's second generation. Of course, we'd like to see a host of improvements associated with the return of the Xterra, but hopefully with enough of its rugged charm to compete with other off-road-oriented SUVs dominating the market today. Early versions of the Xterra included the XE and SE trims. Engine offerings were divided between a 2.4L inline four-cylinder and a 3.3L V6. We'd expect a returning Nissan Xterra to share drivetrain specs with the ongoing midsize Nissan Frontier pickup truck. For 2024, the Frontier featured a 310-horsepower 3.8-liter V6 delivering up to 281 lb-ft of torque, a nine-speed automatic transmission, and a two-speed transfer case on 4x4 models. Hopefully, if it returns, the Xterra doesn't devolve into another soccer-team-transport vehicle best suited to traversing mall parking lots. It would be nice to see an Xterra equipped to compete with the likes of the Ford Bronco Raptor, or Wildtrak . The Nissan Juke, with its quirky front turn signals perched atop its fenders like raised eyebrows, didn't present a face everyone loved. Nissan introduced the Juke, a compact crossover, in 2010. Inspired by the Qazana concept vehicle that debuted at the Geneva Motor Show the year prior, the innovative Juke featured torque-vectoring technology, the first for a compact car. In the early model Jukes, it was common to find a naturally aspirated 188-horsepower 1.6-liter engine under the hood. However, before the Juke was discontinued in the U.S . and replaced by the Nissan Kicks following the 2017 model year, Nissan changed up the Juke's engine lineup. Starting in 2014, Nissan began offering the Juke with a smaller 1.2-liter DIG-T 115 (Direct Injection Gasoline-Turbo offering 115 ps, or 113 horsepower) and a revised 188-horsepower DIG-T 190 engine for the Juke Nismo with 177 lb-ft of torque. Of course the Nismo RS sits on top of our Nissan Juke wishlist. It not only featured race-inspired seats, an aerodynamic body kit, and Nismo-tuned suspension components, its engine produced 215 horsepower and 210 lb-ft of torque. Up to this point, our wish list for returning Nissan models has included a sports car, a diesel pickup, a rugged off-road vehicle, and a quirky yet sporty compact SUV. For our final wish, provided we can find a genie that grants five wishes, we'd like to see an updated version of the Nissan Murano CrossCabriolet. Sure, maybe the Murano CrossCabriolet, arguably one of the weirdest SUVs ever made , was ahead of its time when it debuted in 2011 as a convertible SUV with soft suspension and odd steering. And its low sales volume suggests that the SUV-buying public didn't warm up to its uniqueness by the time Nissan pulled the plug on it after the 2014 model year. But the world has changed in the 11 years since its departure. The basic Nissan Murano, now in its fourth generation, has proved quite popular with U.S. SUV buyers, although it flopped in other parts of the world. Given the Nissan Murano's staying power and the popularity of convertible SUVs like the Jeep Wrangler and Ford Bronco, the CrossCabriolet is sure to find some buyers given the proper treatment and an affordable suggested price from Nissan.
World's Leading Specialty Battery Franchise Achieves Historic Success with Unprecedented Commercial Sales Throughout 2024 HARTLAND, Wis. , Nov. 25, 2024 /PRNewswire/ -- Batteries Plus , the world's leading specialty battery franchise, has marked a historic milestone in October 2024 , setting all-time commercial sales records across its franchise and systemwide channels. Total systemwide commercial sales grew by 23.7% year-over-year, with franchise commercial sales increasing by 24.4%, marking the highest monthly performance in the company's history. The record-breaking success in October was not an isolated achievement, but rather a continuation of a historic 2024. Batteries Plus has experienced more than 20% year-over-year growth in systemwide commercial sales for five of the first 10 months of the year. Year-to-date, total commercial sales have grown by 16.1% through October. "Achieving this record-breaking October is a testament to the extraordinary efforts of our franchisees and the ongoing strength of our commercial growth strategy," said Scott O'Farrell , Chief Commercial Officer of Batteries Plus . "Our commitment to providing exceptional service and innovative solutions for our commercial partners continues to position us as a leader in the industry." This October milestone also capped off a flawless 10-for-10 streak in exceeding commercial sales targets for 2024, driven by Batteries Plus's commitment to exceptional service, in-stock availability, and a diversified approach across consumer and commercial channels. The company has exceeded its sales plan for every month, currently 2.6% ahead of plan through October. Remarkably, the top eight commercial sales months in franchise history have all occurred this year, demonstrating the strength and scalability of the franchise system. "October's success is just the beginning of an exciting period for Batteries Plus," said Joe Malmuth , Chief Development Officer . "We're witnessing substantial growth across all facets of the business. This record-breaking performance is a direct result of our team's tireless efforts to drive meaningful results for our franchise owners and customers alike." Building on this momentum, Batteries Plus is looking ahead to close the year strong, with plans to enhance its market presence, introduce new business partnerships, and continue the expansion of its franchise network that has reached over 800 store locations in operation and development nationwide. In 2024, Batteries Plus was ranked on Franchise Times' Top 400 list at #128 and named to Entrepreneur Magazine 's Franchise 500 ® Hall of Fame, alongside placements on Entrepreneur 's Franchise 500 ® and the Top Brands for Multi-Unit Owners lists. For more information on Batteries Plus, including franchise opportunities and a virtual store tour, visit batteriesplusfranchise.com . ABOUT BATTERIES PLUS: Batteries Plus, founded in 1988 and headquartered in Hartland, WI , is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli , a private equity firm based in Los Angeles and New York City . To learn more about one of Forbes ® ' Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com . MEDIA CONTACT: Danny Stewart , Fishman Public Relations, dstewart@fishmanpr.com or 847-945-1300 ext. 266 View original content to download multimedia: https://www.prnewswire.com/news-releases/batteries-plus-celebrates-record-breaking-commercial-sales-month-surpassing-major-milestones-in-franchise-and-systemwide-commercial-growth-302315675.html SOURCE Batteries Plus