Frank Bardonaro to Step Down as AmQuip CEO

Wed September 08, 2010 - National Edition
Construction Equipment Guide


AmQuip Crane Rental LLC Aug. 24 announced that Frank Bardonaro Jr. has stepped down as president and CEO of the company. He will maintain his relationship with AmQuip through a newly-created board position, and he will retain his shareholdings in the company.

It will be “business as usual at AmQuip,” commented Richard Bard, AmQuip’s board chairman (and CEO of Bard Capital Group, an investor in the company). “All issues previously directed to Frank Bardonaro will be handled by Al Bove, COO, who joined AmQuip last December,” he added.

Bove is an industry veteran, having been COO of General Crane’s operations in the southwest and western United States prior to joining AmQuip. He was the CEO at Maxim Craneworks at an earlier time in his career.

“We thank Frank for taking us through this transition since our acquisition in 2007,” said Yuki Narula, a director of AmQuip who represents the largest shareholder, Altpoint Capital Partners. “Our board is committed to providing the resources and leadership necessary to take advantage of the economic upturn over the next several years,” he added.

“I feel good about the performance of AmQuip, our team, and the leading position AmQuip continues to have in its markets,” said Bardonaro. “This change will allow me to move on with my career and personal goals, knowing that Al Bove is on board to continue with senior leadership at the company.”




Today's top stories

WBEs Leave Mark On Kansas City Airport

Ditch Witch MT26 Microtrencher Provides Deepest Cut Option for Fiber Job Sites

Caterpillar Surpasses $3B Tonnes Hauled Autonomously by Cat Command for Hauling Trucks

Crews Construct Bridge Offsite, Float It Into Place

All-New Brandt Coupler Built for Safety, Optimized for Deere

VIDEO: Volvo CE Delivers Its Version of the Factory 4 Tomorrow

Brass Knuckle Splash Goggle/Face Shield-In-One is Force to Be Reckoned With

Brooks Breaks Ground in Sparta, Wisconsin








ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo