Manitowoc Company Reveals Pending Shift in Board of Directors

The Manitowoc Company, Inc. (NYSE: MTW) has announced that John C. Pfeifer, a member of its Board of Directors, has decided not to seek reelection, concluding his term at the annual meeting of shareholders on May 7, 2024. Initially joining the Manitowoc board in 2016, Pfeifer, who served as the President and Chief Executive Officer of Oshkosh Corporation, brought a wealth of operational expertise and insight from the machinery industry. His leadership was pivotal in shaping Manitowoc’s growth strategy, particularly in transitioning the company from a product-centric to a more service-oriented approach.

Kenneth W. Krueger, Chairman of The Manitowoc Company, Inc., expressed appreciation for Pfeifer’s contributions, stating, “John provided invaluable guidance that played a crucial role in steering Manitowoc to its current success. Over the past seven years, his wealth of knowledge in operations, finance, acquisition strategies, and profound understanding of the construction equipment sector has been instrumental.”

Founded in 1902, The Manitowoc Company boasts a rich tradition spanning over 120 years, dedicated to delivering top-notch products and support services tailored to its markets. Based in Milwaukee, Wisconsin, United States, Manitowoc stands as a global leader in engineered lifting solutions. Through its wholly-owned subsidiaries, the company designs, manufactures, markets, distributes, and supports a comprehensive range of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under various brand names, including Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift.

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