Spartan Motors, Inc. today announced that senior vice president, chief
financial officer, chief compliance officer and treasurer James Knapp
will be retiring from the company within the next few months.
Knapp, 63, has been Spartan’s chief financial officer,
secretary and treasurer for the past seven years, senior vice president
since 2004 and chief compliance officer since 2008. Spartan Motors, the
leading manufacturer of custom chassis and emergency-rescue vehicles,
said it has initiated a search for Knapp’s successor led by the board of
directors with assistance from a national executive search firm.
“Jim has been an integral part of our senior management team in
what has been the most rapid period of Spartan’s growth in our
history,” said John Sztykiel, president and CEO of Spartan Motors. “We
are grateful for his leadership and wisdom, and want to thank him for
his lasting contributions as well as for his assistance in making this a
smooth transition as we search for his replacement.”
Sztykiel added: “Jim leaves big shoes to fill, but we are also
excited about the opportunity to bring a fresh perspective to Spartan
and to continue to build on our long-term track record of sales and
earnings growth and healthy financial position.”
About Spartan Motors
Spartan Motors, Inc.
designs, engineers and manufactures custom chassis and vehicles for the
recreational vehicle, fire truck, ambulance, emergency-rescue and
custom vehicle markets. The company’s brand names — SpartanPTMP,
Crimson FirePTMP, Crimson Fire AerialsPTMP, and Road RescuePTMP — are
known for quality, value, service and being the first to market with
innovative products. The company employs approximately 1,200 at
facilities in Michigan, Pennsylvania, South Carolina and South Dakota.
Spartan reported sales of $844.4 million in 2008 and is focused on
becoming the premier manufacturer of custom vehicles and chassis in