Daryl M. Adams joined Shyft in 2014 as the COO and was promoted to the role of President and Chief Executive Officer in six months. Under his leadership, the company has successfully completed six acquisitions and one divestiture, a full company rebranding effort, and has nearly doubled in earnings and scale. Shyft’s reported earnings from continuing operations reached $992M in 2021 garnering recognition as Fortune’s Top 100 Fastest Growing Companies. Most recently, Adams guided the company to enter the electric commercial vehicle industry with a new go-to-market brand created from within Shyft which debuted in March 2022 as Blue Arc EV Solutions.

Adams’s approachable and upfront style, combined with his willingness to challenge the status quo for the good of the business, echoes the company’s nimble, assertive stance. He combines his more than 30 years of manufacturing experience with a will to win. Prior to joining The Shyft Group, Adams held leadership positions in some of the most successful Tier 1 automotive suppliers in North America. Adams previously served as the CEO of Midway Products, a privately held Tier 1 full-service automotive supplier, providing body/chassis structures and assemblies as well as powertrain and engine components for domestic and international OEM customers. Under Adams’ leadership, Midway more than doubled its revenue and market share. Prior to his career at Midway, Adams served in progressive leadership positions at Lear Corporation, both domestically and in Europe, for 17 years.

A lifelong Michigan resident, Adams is dedicated to the community, often engaging with students of all ages to encourage an interest in STEM and modern manufacturing. He previously held board positions with the Lansing Economic Area Partnership (LEAP) and the Detroit Public Safety Foundation. Mr. Adams is an active member of Business Leaders for Michigan and various other state leadership and manufacturing associations. He is committed to extending awareness and education of skilled trades positions and academic programs. As the current President and CEO of the Company, Mr. Adams’ participation on The Shyft Group Board of Directors is of critical importance, providing its members a clear perspective into the Company’s operations and strategic direction.

Adams earned an MBA from Michigan State University and received his Bachelor of Science degree in Industrial Management and Manufacturing from Lawrence Technological University. In 2022, Adams was named by Ernst & Young as an Entrepreneur Of The Year® Michigan and Northwest Ohio Award winner and in 2020 he was a finalist. Crain’s Detroit Business also recognized Daryl’s contributions to the industry in 2022 by naming him Notable Leader in EV. In 2021, Adams’ work was recognized in The Shyft Group’s winning “Deal of the Year” from prominent MiBiz publication, for its divestiture of the Emergency Response portion of the business, and subsequent acquisition of f3 MFG, Inc. In 2019, Adams was named the Manufacturing Executive of the Year and received the Workforce Champion Award on behalf of Michigan’s Capital Area Manufacturing Council. He was honored as one of 2018’s Most Transformative Leaders by MichBusiness and appeared in DBusiness Magazine’s “The Detroit 500” list in 2018, 2019, 2020, and again in 2022, which recognized the most influential business leaders in Michigan. Adams and his wife have three children and live in Novi, Michigan.

The Shyft Group, NASDAQ: SHYF, is the North American leader in the design, engineering, manufacturing and service of purpose-built specialty vehicles and chassis. The company’s go-to- market brands, including Utilimaster, Blue Arc EV Solutions, Royal Truck Body, DuraMag, Strobes- R-Us, Spartan RV Chassis, Red Diamond and Builtmore Contract Manufacturing employ over 3,800 employees in 18 campus operations in 10 states and two countries.