Blue Bird ( (BLBD) ) has shared an announcement.
Britton Smith, the President of Blue Bird Corporation, has resigned for personal reasons, effective September 28, 2024, and will also leave the Board of Directors immediately. Phil Horlock, the current CEO, will take over as President while retaining his CEO role. Smith’s departure comes with severance benefits as per agreements with the company, which include a cash bonus, lump sum payments, salary continuation, and COBRA coverage. This leadership change has been announced in a press release and is expected to be detailed in the company’s annual report. Blue Bird continues to focus on its growth and leadership in clean alternative-powered school buses.
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