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The latest update is out from Blue Bird (BLBD).
Blue Bird Corporation is set to experience a leadership transition with Mr. Britton Smith, who joined the company as Senior VP in 2022 and became President in 2023, taking over as CEO on September 29, 2024. He replaces outgoing CEO Mr. Philip Horlock, who will resign but remain on the board. Smith’s proven track record includes founding a fintech and roles at top consulting firms. His compensation as CEO will include a $650,000 base salary, with substantial bonus and equity incentives linked to performance. Additionally, Mr. Douglas Grimm will become the new Chairman of the Board as Mr. Kevin Penn steps down but maintains a director role.
See more insights into BLBD stock on TipRanks’ Stock Analysis page.