Rush Enterprises announced that W. Marvin Rush is retiring from his position as chairman of the board of the company. He will continue to serve as a member of the board of directors of the company and have the honorary title of chairman emeritus.
W. Marvin Rush founded the company in 1965. Through his vision and leadership, the company has transformed into the premier service provider to the commercial vehicle industry and owns and perates the largest network of commercial vehicle dealerships in the United States.
The company also announced the appointment of W.M. "Rusty" Rush as the company's chairman of the board.
Rusty Rush has served as president of the company since 1995 and chief executive officer of the company since 2006. He has overseen all day-to-day operations of the company since 2001, when he was named the company's chief operating officer.
W. Marvin Rush commented, "It has been an extraordinary privilege to lead this wonderful company for the past 48 years but an even greater privilege to watch the passion of our employees as they serve our loyal customers every day and together successfully implement our vision. I could not be more proud of what we have built."
Rusty Rush stated, "We are confident in our direction and, together with the leadership team, continue to execute against those strategies that will grow and improve our businesses, deliver great products and services to our customers, and enhance shareholder value."