Holley Inc. HLLY on Wednesday named Matthew Stevenson as its new president and CEO as of June 6. Interim CEO Michelle Gloecker will step down from the position and remain on the board of the Bowling Green, Ky.-based owner of Flowmaster exhaust, MSD Ignition and Hurst Shifters. Stevenson is joining Holley after working as CEO of Blue Bird Corp. BLBD. “While at Blue Bird, Matt led a comprehensive operational and financial turnaround of an iconic, nearly 100-year-old American company,” Holley said. Holley stock is up 41% in 2023, compared to a 17.9% increase by the Nasdaq. Separately, Blue Bird Phil Horlock will again become CEO of the company after serving in the role from 2011 to 2021.
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