Blue Bird Corporation (NASDAQ: BLBD) has announced the resignation of Britton Smith from his position as president, effective September 28, 2024, due to personal reasons. Following this, the company's current Chief Executive Officer, Phil Horlock, will assume the role of president in addition to leading the company, a position he has held for nearly 14 years.
Blue Bird remains focused on executing its profitable growth plan and leading in the deployment of clean alternative-powered school buses. The company is recognized as a technology leader and innovator in school buses, with a singular focus on safety, reliability, and durability.
Blue Bird currently has more than 20,000 propane, natural gas, and electric-powered buses in operation, solidifying its position as the proven leader in low* and zero-emission school buses.
The departure of Britton Smith and the assumption of the additional role by Phil Horlock marks a significant change in the company's leadership structure. As Blue Bird continues to focus on its growth and clean energy solutions, the transition in leadership will be closely watched by shareholders, customers, dealers, and employees. The market has reacted to these announcements by moving the company's shares -0.7% to a price of $45.99. For more information, read the company's full 8-K submission here.
