Tag Archive for 'Manitou Group'

Manitou Group Announces Rick Alton as President of CEP Division

Manitou Group today announced the appointment of Richard L. Alton, II, as president of the Compact Equipment Product Division, effective April 17, 2017. Alton will report directly to Mr. Michel Denis, CEO of Manitou Group.

“I would like to thank Dan Miller for his years of dedication and committed service to Manitou Group. We wish him well as he pursues the next chapter in his life,” said Michel Denis. “And we are very excited about being able to bring Rick into the organization at this time. His experience and talent will be a definite benefit to manage the growth we anticipate from these changes.”

For nearly a decade at JLG, Alton had responsibilities for managing all facets of international markets which included sales, after sales support, global product launches, and overseeing strategic partnerships on a worldwide basis. He was most recently with Contech Engineered Solutions.

“I am fortunate to have this opportunity to work with a world class organization,” Alton said. “And I am looking forward to expanding the product portfolio, innovations, and product quality to continuously improve the customer experience. Manitou Group is poised to make some major gains in the market.”

Manitou Group is a world-leader in the design, manufacture, distribution and servicing of all-terrain material-handling equipment for construction, agricultural, mining and industrial applications.

The product range offerings include: telehandlers; all-terrain, semi-industrial and industrial masted forklifts; skidsteers, track loaders, and articulated loaders; access platforms; truck-mounted forklifts; and warehousing equipment and attachments.

Through its core brands – Manitou, Gehl and Mustang – together with its international network of over 1,400 independent dealers, the group provides the best solutions while delivering the highest value for its customers.

Headquartered in Ancenis France, the group registered in 2016 a revenue of €1.33 billion through operations in 140 countries while employing over 3,300 people, all committed to satisfying customers.

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Michel Denis appointed President & CEO of the Manitou Group

ManitouThe Board of Directors announced that Dominique Bamas, President and CEO, has resigned. Mr Bamas was appointed on an interim basis on March 6, 2013 and is resigning in accordance with the agreements made with the Board in order to permit the appointment of Michel Denis as the new President and CEO.

Michel Denis will assume his functions as of Monday, January 13, 2014 for a four-year-term expiring at the Shareholders’ Meeting for the approval of 2017 financial statements.

The Board members unanimously expressed their appreciation to Mr Bamas for having managed this interim period in the Group’s best interests. In a context that required redefining priorities, it was essential to facilitate the return to increased operating performance, while reaffirming the close human relationships with co-workers, dealers and customers.

Marcel Braud, Chairman of the Board, stated: “First of all, I would like to express my gratitude to Mr Bamas for the work accomplished in nearly a year. After having assisted the Board for several years as a Director, he made himself available at a pivotal moment in our history that required realignment between profitability and development. During this period he stabilized financing for the next five years, reduced the debt and initiated a combination of optimization programs and developments from which the group should benefit in the upcoming years. It is our pleasure to welcome Mr Denis whose appointment marks a new chapter in the history of Manitou. I’m confident that his experience will permit him to continue the operating reforms already launched and accelerate the Group’s adaption to the markets evolution. As the leader in Rough Terrain Handling since decades, our mission is to continue to serve our customers to the best of their needs. Based on the strength and leadership of the group, our goal is to remain faithful to our historic motto: safe international development based on innovation, performance, quality and customer satisfaction.”

Michel Denis, 48 and a graduate of “ESSEC”, a French business school and the “Ecole Centrale de Lyon” a French engineering school, began his career as a strategy consultant. He joined Dalkia in 1994 to develop cogeneration. He subsequently managed the French businesses of MC International, which later became Johnson Controls, a specialist in industrial and commercial refrigeration. In 2003 he joined the Fraikin Group, the European leader in truck rentals, for which he was CEO until August of 2013. Over the past 10 years, he accompanied the strong international development of the Fraikin group, which imposed its approach to the design of industrial vehicles, the associated services and the European financing of its fleet of 60,000 vehicles as a model.