CEO of Manitowoc Steps Down

The departure comes as the company continues the process of splitting its Foodservice and Cranes divisions into separate companies.

📅   Fri October 30, 2015 - National Edition
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The departure comes as the company continues the process of splitting its Foodservice and Cranes divisions into separate companies, which is expected to wrap up in early 2016.
The departure comes as the company continues the process of splitting its Foodservice and Cranes divisions into separate companies, which is expected to wrap up in early 2016.

The Sheboygan Press is reporting that the CEO of Manitowoc, Glen Tellock, has resigned as the company’s chairman, president, and CEO, according to the company. In his place, Kenneth W. Kreuer will step in as interim chairman, president and CEO.

In announcing the move to shareholders, the company did not disclose the reason for Tellock’s departure.

The departure comes as the company continues the process of splitting its Foodservice and Cranes divisions into separate companies, which is expected to wrap up in early 2016.

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