Manitex International, Inc. Appoints Laura R. Yu as Senior Vice President and Chief Financial Officer
October 10 2018 - 4:01PM
Manitex International, Inc. (NASDAQ:MNTX), a leading international
provider of cranes and specialized industrial equipment, today
announced that Laura R. Yu has been named Senior Vice President and
Chief Financial Officer of Manitex International, Inc., effective
October 15, 2018.
Ms. Yu, who joined Manitex International in May
2018, as Vice President, Finance and Corporate Controller, has over
twenty years of experience at both the strategic business unit and
corporate level including accounting, finance, tax, cash management
and leading finance teams. She has both private and public company
experience, focused primarily in the public company industrial
equipment sector. Her most recent position prior to Manitex was
Director, Corporate Finance at Tenneco.
Ms. Yu spent more than ten years at Tenneco, a
Fortune 500, publicly traded, global manufacturer of automotive and
commercial equipment, with worldwide revenues of nearly $10
billion, having started as a Senior Financial Analyst there in
1999. She was also Division Finance Manager and Controller
during her seven-year career at Filtran, LLC, owned by a
Chicago-based PE firm, formerly part of SPX Corp, a NYSE-listed
company with a market capitalization of over $1 billion and annual
sales in excess of $1.4 billion in 2017. Her prior experience also
includes five years at Quaker Oats and MS Management. During her
career she has gained substantial expertise in accounting functions
including consolidations, financial planning and analysis,
Securities and Exchange Commission reporting, and cash management.
She has a consistent track record implementing and managing best in
class financial management, reporting and compliance practices.
Ms. Yu holds a Bachelor of Science degree in Accounting from
the University of Illinois at Chicago and is a Certified Public
Accountant in the State of Illinois.
David Langevin, Chairman and Chief Executive
Officer commented, “We are pleased to expand Laura’s
responsibilities and announce her promotion to the role of Senior
Vice President and Chief Financial Officer. Since joining
Manitex International, she has quickly demonstrated her strong
financial management, reporting and compliance abilities. She
has exceptional leadership qualities and experience that will
benefit the Company and our shareholders.”
About Manitex International, Inc.
Manitex International, Inc. is a leading
worldwide provider of highly engineered mobile cranes (truck
mounted straight-mast and knuckle boom cranes, industrial cranes,
rough terrain cranes and railroad cranes), truck mounted aerial
work platforms and specialized industrial equipment. Our products,
which are manufactured in facilities located in the USA and Europe,
are targeted to selected niche markets where their unique designs
and engineering excellence fill the needs of our customers and
provide a competitive advantage. We have consistently
added to our portfolio of branded products and equipment both
through internal development and focused acquisitions to diversify
and expand our sales and profit base while remaining committed to
our niche market strategy. Our brands include Manitex, PM, Oil
& Steel, Badger, Sabre, and Valla. The company also has a
minority ownership in ASV Holdings, Inc., which manufactures and
sells a line of high quality compact track and skid steer
loaders.
Contact:
Manitex
International, Inc.Steve KieferPresident, Chief Operating
Officer(708) 237-2065skiefer@manitexinternational.com |
|
Darrow
Associates, Inc.Peter Seltzberg, Managing DirectorInvestor
Relations (516) 419-9915pseltzberg@darrowir.com |
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