MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On December12, 2017, Manitex International, Inc. (the “Company”), appointed Steve Kiefer as President and Chief Operating Officer of the Company, effective December12, 2017.
Mr.Kiefer, 51, has served as President, North America of the Company since September 2017. He previously served as our Executive Vice President of Sales& Marketing from January 2016 to August 2017, and President of Manitex Sabre (one of our subsidiaries) during 2015. Prior to joining our company, Mr.Kiefer served as VP of Sales for Pettibone Heavy Equipment Group, a privately held group of heavy equipment companies, from September 2010 to April 2015. Mr.Kiefer additionally spent over 10 years at Hendrickson International, where he held numerous senior-level positions in new product development, program management, and sales& marketing. He was also president of Intellitec Products for three years, a manufacturer of electronic systems for the mobile vehicle and equipment sectors. He began his career at Eaton Corp, a public company, where he spent seven years in various new product development roles, playing a key role in the growth of the Eaton Supercharger Division. Mr.Kiefer has his Bachelor of Science in Mechanical Engineering from Valparaiso University, and his Master of Business Administration from Western Michigan University.
In connection with his appointment as President and Chief Operating Officer of the Company, Mr.Kiefer will receive an increase in base salary from $225,000 to $250,000 annually, effective January1, 2018. The other terms and conditions of Mr.Kiefer’s existing employment arrangements with the Company will not change.
There are no arrangements or understandings required to be disclosed to Item 401(b) of Regulation S-K or family relationships required to be disclosed to Item 401(d) of Regulation S-K. Similarly, there are no transactions with related persons required to be disclosed to Item 404(a) of Regulation S-K involving Mr.Kiefer.
On December13, 2017, the Company issued a press release announcing Mr.Kiefer’s appointment. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
| Item 5.02. | Financial Statements and Exhibits. |
(d) Exhibits
Manitex International, Inc. ExhibitEX-99.1 2 d479172dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Manitex International,…To view the full exhibit click here
About MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX)
Manitex International, Inc. is a provider of engineered specialty lifting and loading products. The Company operates in three business segments: the Lifting Equipment segment, the A.S.V., LLC (ASV) segment and the Equipment Distribution segment. Through its Lifting Equipment segment, the Company designs, manufactures and distributes a diverse group of products that serve various functions and are used in a range of industries. In the ASV segment, the Company manufactures a line of compact rubber tracked and skid steer loaders. In the Equipment Distribution segment, the Company markets products used primarily for infrastructure development and commercial construction applications that include road and bridge construction, general contracting, roofing, scrap handling, and sign construction and maintenance. The Company, through its subsidiary Manitex, Inc., markets a line of boom trucks, truck cranes and sign cranes.
