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.
Rooke appointed as CEO of ASV
Effective as of December 14, 2016, the Board of Managers of A.S.V., LLC (“ASV”), a joint venture owned 51% by Manitex International, Inc. (the “Company”) and 49% by Terex Corporation, appointed Andrew M. Rooke, the Company’s President and Chief Operating Officer, as the Chief Executive Officer of ASV. In connection with Mr. Rooke’s appointment as the CEO of ASV, he resigned as the President and Chief Operating Officer of the Company, and David J. Langevin, the Company’s Chairman and Chief Executive Officer, was also appointed as the Company’s President.
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. MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) Recent Trading Information
MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) closed its last trading session down -0.03 at 5.53 with 55,332 shares trading hands.
