FOR IMMEDIATE RELEASE
June 2, 2026
Alliance Laundry Holdings Announces Leadership Transition for COO
International and Investor Relations
RIPON, WI - June 2, 2026 - Alliance Laundry Holdings Inc. (NYSE: ALH) ("Alliance" or the
"Company"), the world's premier provider of commercial laundry systems, today announced that Jan
Vleugels, Chief Operating Officer International, will retire effective September 30, 2026, following more
than a decade of distinguished service. The Company also announced that Bob Calver will be named COO
International, effective October 1, 2026, and that Tom Gelston has joined as Vice President, Investor
Relations, effective June 1, 2026.
Mr. Vleugels joined Alliance in 2014 as part of the Company's acquisition of Primus, bringing decades
of manufacturing experience to the role. As COO International, he has overseen Alliance's operations
across Latin America, EMEA, and Asia-Pacific. During his tenure, he led the successful transition of
IPSO® operations from Belgium to the Czech Republic, the expansion of the Pribor manufacturing plant,
and the creation of the STAR Engineering Lab. He led the team that designed, built, and launched the
Alliance Thailand manufacturing facility, and most recently led the decentralization of Alliance
International - a strategic initiative that has strengthened the agility and capability of the company's
global operations.
Mike Schoeb, Chief Executive Officer, commented, "Jan has been a cornerstone of Alliance's
international business since the day he joined us in 2014 through the Primus acquisition. The
manufacturing capability, the operational discipline, and the global infrastructure he has built represent
a lasting contribution to this company. We are grateful for everything he has given to Alliance. At the
same time, I could not be more confident in Bob's appointment as his successor. Bob knows this business
as well as anyone, and he brings the financial acumen, the relationships, and the strategic perspective
that will serve our international business well in its next chapter."
Mr. Calver joined Alliance in 2018 and has held roles of increasing responsibility across the finance
organization, including Vice President of Financial Planning & Analysis, Interim Chief Financial Officer,
and most recently Vice President, Investor Relations. As Interim CFO, he led the company's $2 billion
term loan refinancing and drove key workstreams in preparation for Alliance's NYSE listing in October
2025. As VP Investor Relations, he built the investor relations function and had a key role in the
Company's first year as a publicly traded company.
Mr. Gelston joins Alliance with more than 25 years of investor relations and finance experience across
publicly traded industrial and technology companies. Most recently, he served as Senior Vice President of
Finance and Investor Relations at FuelCell Energy, where he led the company's investor and banking
relationships, produced its first sustainability report, and served as executive sponsor for ESG. Prior to
FuelCell Energy, Mr. Gelston spent 18 years at Terex Corporation, a Fortune 500 diversified machinery
manufacturer, most recently as Vice President of Investor Relations and Corporate Communications.
During his Terex career, he also held responsibilities in business development, mergers and acquisitions,
strategy, and financial planning and analysis. Earlier in his career, Mr. Gelston worked in private equity
and with GE Capital's Commercial Finance division. He holds a bachelor's degree in finance from
Fairfield University and is a member of the National Investor Relations Institute.
About Alliance Laundry
Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry
systems. Our laundry solutions are available under five respected brands, sold and supported by a global
network of select distributors. We serve approximately 150 countries with a team of more than 4,000
employees. Our brands include Speed Queen®, UniMac®, Huebsch®, Primus® and IPSO®. Together,
they present a full line of commercial washing machines, dryers, and ironers (with load capacities from
20-400 lb. or 9-180 kg.) and support service. You can also enjoy the superior wash and fabric care of
commercial-grade laundry equipment in your home through our legendary Speed Queen® washers and
dryers.
For more information, visit www.alliancelaundry.com.
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