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CEO of Manitowoc Steps Down

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

- National Edition

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.

To read the full article, click here.


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