The Shyft Group, Inc. Terminates the Employment of Colin Hindman, Chief Human Resources Officer, Effective June 14, 2024
June 03, 2024 at 09:11 pm
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On May 30, 2024, the Board of Directors of The Shyft Group, Inc. terminated, without cause, the employment of Colin Hindman, Shyft?s current Chief Human Resources Officer, effective June 14, 2024. Mr. Hindman will cease serving as an officer of the Company on June 3, 2024, and will transition his duties over the subsequent two weeks. In addition to accrued compensation and benefits, Mr. Hindman is expected to receive substantially the compensation and benefits to which he is entitled under the Company?s Executive Severance Plan for a termination without cause.
The Company expects to enter into a transition and separation agreement with Mr. Hindman to memorialize the terms of his departure from the Company.
The Shyft Group, Inc. is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle, including last-mile delivery, specialty service and vocation-specific upfit segments and recreational vehicle industries. The Companyâs segments include Fleet Vehicles and Services (FVS) and Specialty Vehicles (SV). The FVS segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trade and construction industries. The Specialty Vehicles segment includes a portfolio of business that provides service bodies, RV chassis, vocational upfit and contract manufacturing products and services. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, and luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services.
THE SHYFT GROUP, INC. 
