Company Research Report: First Student
Company Overview
- Name: First Student, Inc.
- Mission: To provide unmatched care and the safest ride to school, ensuring students start and end their day with an exceptional experience and reach their full potential.
- Year Founded & Founders: Over a century of history; details about specific founders not available.
- Key People:
- John Kenning — Chief Executive Officer and President
- Dean Suhre — Chief Operating Officer
- Joe Schwaderer — Chief Financial Officer
- Claire Miller — Chief Commercial Officer
- Geoff Gerks – Chief Human Resources Officer
- Darryl Hill — Senior Vice President of Safety and Security
- Sean McCormack – Chief Information Officer
- Darrel Harris – Chief Business Transformation Officer
- Heather Miranda – Senior Vice President of Risk Management
- Kevin Matthews — Head of Electrification
- Todd Hawkins — Senior Vice President of Maintenance
- Michael Petrucci – General Counsel
- Scott Burkoth – Vice President of Mergers and Acquisitions
- Headquarters: 191 Rosa Parks Street, 8th Floor, Cincinnati, OH 45202
- Number of Employees: No specific data available.
- Revenue: No specific data available.
- Known For: Being the largest student transportation provider in North America with a strong focus on safety, reliability, and tailored transportation solutions. It is renowned for its commitment to technological innovation and student safety.
Products and Services
- Full-Service Transportation: Provides complete transportation services tailored to different community needs.
- Alternative Transportation Services: Offers flexible, non-traditional transportation options.
- Consulting and Services: Provides expert guidance on efficient transportation solutions.
- Electrification: Pioneers in transitioning to electric school buses, aiming for significant reductions in emissions.
- Charter Bus Rental: Provides bus rental services for various occasions and needs.
Key Features
- Proprietary Technology: Integrates bus, route, and student data for enhanced safety and visibility.
- Custom Driver Training: Developed with child psychologists to ensure students' individualized care.
- Electrification: Committed to transitioning 30,000 diesel buses to electric by 2035, focusing on healthier, quieter, and more environmentally friendly transportation.
Recent Developments
- Electric School Buses in Pontiac, Michigan: Deployed 40 new electric buses replacing the entire diesel fleet, funded by EPA’s Clean School Bus Program, reflecting a $15.65 million investment.
- Cincinnati Public Schools Partnership: Secured $3.95 million from the EPA to purchase 10 electric buses and chargers, marking CPS's first foray into electric buses, aligning with their strategic transportation and sustainability plan.
- Growth in Electrification: Over 300 electric buses in operation covering nearly three million miles of zero-emissions service across North America.
- Recent Recognition: First Charge honored as the 2024 Green Product of the Year by BIG Awards for Business.
Partnerships and Community Service
- First Student and Cincinnati Public Schools: Collaborating to deploy the district's first electric buses, supporting sustainable and safe student transportation.
- Community Initiatives: Engaged in initiatives like “Spread Love Turkey Day 2024” to support families during the holiday season.
- Collaboration with School Districts: Works closely with multiple school districts and services 41 American states and 8 Canadian provinces.
This report provides a detailed overview of First Student, highlighting key aspects of its operation, products, and recent strategic developments in the student transportation sector. Each segment reflects First Student’s commitment to safety, innovation, and community partnership. Information gaps in employee count and exact revenue reflect areas where data was unavailable.
