Lawrence E. Dewey, a mechanical engineer by education, became the CEO of Allison Transmission Holdings, Inc. in 2007, after the company's sale to Carlyle and Onex. With over 40 years of experience in the automotive sector, he’s held various roles...

Lawrence E. Dewey, a mechanical engineer by education, became the CEO of Allison Transmission Holdings, Inc. in 2007, after the company's sale to Carlyle and Onex. With over 40 years of experience in the automotive sector, he’s held various roles at Allison since joining in 1989, from production manager to president. Under his leadership, the company expanded its market reach and increased its efficiency in the competitive vehicle transmission industry. Interestingly, Dewey announced his retirement as CEO, effective June 1, 2018, but he remains active as a director and serves as Chairman Emeritus. Despite a significant drop in his compensation after retirement, he previously earned over $7 million in total compensation in 2017 alone, showcasing the value he brought to the company during his tenure. Beyond his executive roles, Dewey has been involved in substantial insider trading, with his holdings fluctuating significantly over the years, peaking at around $11 million in late 2019. His deep-rooted knowledge and strategic decisions played a crucial role in Allison's growth and ongoing legacy in the automotive world.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Allison Transmission Holdings CEOs

A

Lawrence E. Dewey

Ex-CEO of Allison Transmission Holdings

Education

Bachelor's degree in Mechanical Engineering from the University of Michigan.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

June 24, 1954 - 70 years ago

CEO of Allison Transmission Holdings for

10 years 6 months (Nov 2007 - May 2018)

Previous Experience

Chairman and Chief Executive Officer of Allison Transmission Holdings, Inc. since its formation in 2007. Previously served as President of Allison Transmission from 2001 to 2007.

Rivals

Competitors/colleagues of Lawrence E. Dewey

G

Steve Downing

CEO of Gentex

2023 Compensation

Stock

$0.00

Salary

$842.69K

Bonus

$1.58M

Other

$273.91K

Total Holdings

$3.93M

C

Jennifer Rumsey

CEO of Cummins

2023 Compensation

Stock

$2.58M

Salary

$1.50M

Bonus

$2.23M

Other

$583.16K

Total Holdings

$13.09M

M

Neil D. Brinker

CEO of Modine Manufacturing

2023 Compensation

Stock

$945.00K

Salary

$882.75K

Bonus

$0.00

Other

$42.02K

Total Holdings

$25.12M

O

John C. Pfeifer

CEO of Oshkosh

2023 Compensation

Stock

$3.37M

Salary

$1.09M

Bonus

$0.00

Other

$123.82K

Total Holdings

$7.96M

Holdings

See how much did Lawrence E. Dewey make over time.

Lawrence E. Dewey's holdings have seen interesting changes over the years. As of late 2019, his insider trading peaked at $11.36 million, showing confidence in Allison Transmission's success. After his retirement in 2018, the value of his holdings decreased steadily,...

Lawrence E. Dewey's holdings have seen interesting changes over the years. As of late 2019, his insider trading peaked at $11.36 million, showing confidence in Allison Transmission's success. After his retirement in 2018, the value of his holdings decreased steadily, dropping to around $1.7 million by January 2021. However, he remains a significant shareholder with approximately 2.98 million shares. His ability to navigate the stock market while leading the company highlights his deep understanding of the business. Dewey's wealth in Allison's stocks highlights both the risks and rewards typical among executives in publicly traded firms, illustrating the dynamic nature of executive financial investments.

Mar 11, 2025

A

shares

ALSN @ $96.45

Total Stock Sold

$147.55M

ALSN

$147.55M

4,423,541 ALSN shares

What if they kept their stock?

If Lawrence E. Dewey didn't sell their stock, today they would have:
Extra ALSN4,423,541 shares worth $154.34M.
This is 4.6% and $6.78M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lawrence E. Dewey.

ALSN

$8.61M

ALSN at $41.02/share

Nov 23, 2020

Sale

ALSN

$6.13M

ALSN at $46.46/share

Jan 9, 2019

Sale

ALSN

$4.59M

ALSN at $52.02/share

Sep 18, 2018

Sale

ALSN

$9.83M

ALSN at $51.69/share

Sep 14, 2018

Sale

ALSN

$13.56M

ALSN at $51.60/share

Sep 12, 2018

Sale

ALSN

25,168 shares

ALSN

Feb 7, 2018

Received

ALSN

$2.99M

ALSN at $38.55/share

May 1, 2017

Sale

ALSN

$5.06M

ALSN at $31.60/share

Mar 17, 2015

Sale

ALSN

$5.80M

ALSN at $32.21/share

Feb 26, 2015

Sale

ALSN

30,470 shares

ALSN

Feb 19, 2015

Received

Compensation History

See how much did Lawrence E. Dewey make over time.

In 2017, Lawrence E. Dewey reported a total compensation of about $7.9 million, which mainly included a base salary of $1 million and a hefty performance-based bonus. His pay included stock options and awards aimed at retaining top talent, which could link his compensation closely to company performance. In 2018, however, his total compensation took a significant hit, dropping to $2.2 million as he prepared for retirement. This included a salary and vesting stock awards but no bonuses, indicative of his transition out of the CEO role. The shift in his compensation reflects the company's policies to align pay with performance and the inevitable decrease following retirement, despite his continued influence on the board.

Year

2018

Total Compensation

$5.79M

Salary

$491.67K

Board Justification

The compensation program is designed to align executive pay with performance on both short-term and long-term bases, linking executive pay to measurable results intended to create value for stockholders.

Bonus

$0.00

Board Justification

No bonus was awarded for 2018 as Mr. Dewey retired as CEO effective June 1, 2018.

Other

$36.43K

Board Justification

This amount includes employer contributions under the 401(k) Plan, contributions under the Deferred Compensation Plan, and company-paid life and disability insurance premiums.

Restricted Stock

$5.26M(119.97K DSUs)

Board Justification

This amount represents the value of the annual non-employee director equity award granted to Mr. Dewey in connection with his service as a director after his retirement as CEO.

Performance Metrics

The performance metrics for the IComp program included Adjusted EBITDA as a percent of net sales, Gross adjusted free cash flow, and Revenue.

Other Allison Transmission Holdings CEOs

Here are other CEOs of Allison Transmission Holdings

David S. Graziosi

CEO of Allison Transmission Holdings

June 2018 - Present