Rush Enterprises COO Retires; Stock Moves 0.8%

Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), a leading commercial vehicle dealership network in North America, has announced the retirements of two key executives: Michael McRoberts, Chief Operating Officer, and Scott Anderson, Senior Vice President of Finance, Insurance, and Leasing.

McRoberts, who has been instrumental in leading the company's operations through a period of substantial growth and transformation, will step down from his role as COO later this year. He has been credited with refining the company's operations to achieve greater efficiencies, leveraging data for strategic initiatives, and driving the customer experience. Upon his retirement, McRoberts will continue to serve in a senior advisory role and as a member of the company's board of directors.

Following McRoberts' retirement, Jason Wilder will assume the role of Chief Operating Officer. Wilder, who has been serving as Senior Vice President * Navistar Dealerships, is praised for his extensive knowledge of commercial vehicle dealership operations and strong leadership abilities.

In addition, Jorgan Peterson will assume Wilder's current role of Senior Vice President * Navistar Dealerships. Peterson, who has been serving as Regional General Manager of the Utah and Idaho region of Navistar dealerships, will bring his wealth of experience to this new position.

On the finance and insurance front, Scott Anderson, who oversaw Rush Enterprises' commercial vehicle finance and insurance operations during a period of significant growth in the number of the company's dealerships, will retire effective March 30, 2024. Mark Kuhn will assume the role of Vice President-Leasing, bringing extensive experience in the commercial truck leasing industry and with the company.

Rush Enterprises, Inc. operates the largest network of commercial vehicle dealerships in North America, with more than 150 locations in 22 states and Ontario, Canada. The company represents various truck and bus manufacturers and offers an integrated approach to meeting customer needs, from sales of new and used vehicles to aftermarket parts, service, and body shop operations, along with financing, insurance, leasing, and rental services.

For the full picture, make sure to review Rush Enterprises's 8-K report.

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