People: Manitowoc Co Inc (MTW)
MTW on New York Consolidated
20.00USD
23 May 2013
20.00USD
23 May 2013
Price Change (% chg)
$-0.17 (-0.84%)
$-0.17 (-0.84%)
Prev Close
$20.17
$20.17
Open
$19.70
$19.70
Day's High
$20.12
$20.12
Day's Low
$19.39
$19.39
Volume
1,897,148
1,897,148
Avg. Vol
2,691,063
2,691,063
52-wk High
$21.35
$21.35
52-wk Low
$9.60
$9.60
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Glen Tellock |
52 | 2013 | Chairman of the Board, President, Chief Executive Officer, Interim President - Foodservice segment |
Carl Laurino |
51 | 2004 | Chief Financial Officer, Senior Vice President |
Maurice Jones |
53 | 2004 | Senior Vice President, General Counsel, Secretary |
Thomas Musial |
61 | 2000 | Senior Vice President - Human Resources and Administration |
Eric Etchart |
56 | 2007 | Senior Vice President, President - Crane Segment |
Dean Nolden |
44 | 2009 | Vice President - Finance, Treasurer |
Roy Armes |
60 | 2010 | Presiding Independent Director |
Joan Chow |
52 | 2012 | Independent Director |
Donald Condon |
64 | 2010 | Independent Director |
Cynthia Egnotovich |
55 | 2008 | Independent Director |
Kenneth Krueger |
56 | 2004 | Independent Director |
Keith Nosbusch |
62 | 2003 | Independent Director |
James Packard |
70 | 2000 | Independent Director |
Robert Stift |
71 | 1998 | Independent Director |
Biographies
| Name | Description |
|---|---|
Glen Tellock |
Mr. Glen E. Tellock has been appointed as Chairman of the Board, President, Chief Executive Officer, Interim President - Foodservice segment of Manitowoc Co Inc., effective April 3, 2013. He has been a director of the Company since 2007. He previously served as Senior Vice President (1999-2007), President of the Manitowoc Crane Group (2002-2007), and Chief Financial Officer (1999-2002) of the Company. Mr. Tellock also serves as an Emeritus Board member of the University of Wisconsin-Madison School of Business Dean’s Advisory Board, board member and former Chairman of the Association of Equipment Manufacturers (AEM), and a board member of Astec Industries, Inc. (NASDAQ: ASTE); he also serves on Astec Industries’ Audit Committee. |
Carl Laurino |
Mr. Carl J. Laurino is Chief Financial Officer, Senior Vice President of Manitowoc Co Inc. He had served as treasurer since May 2001. Mr. Laurino joined the company in January 2000 as assistant treasurer and served in that capacity until his promotion to treasurer. Previously, Mr. Laurino spent 15 years in the commercial banking industry with Firstar Bank (n/k/a US Bank), Norwest Bank (n/k/a Wells Fargo), and Associated Bank. During that period, Mr. Laurino held numerous positions of increasing responsibility including commercial loan officer with Norwest Bank, Vice President - Business Banking with Associated Bank and Vice President and Commercial Banking Manager with Firstar. |
Maurice Jones |
Mr. Maurice D. Jones is Senior Vice President, General Counsel and Secretary of Manitowoc Co Inc. He has been general counsel and secretary since 1999 and was elected vice president in 2002 and a senior vice president in 2004. Prior to joining the company, Mr. Jones was a shareholder in the law firm of Davis and Kuelthau, S.C., and served as legal counsel for Banta Corporation. |
Thomas Musial |
Mr. Thomas G. Musial is Senior Vice President - Human Resources and Administration of Manitowoc Co Inc. Previously, he was vice president of human resources and administration (1995), manager of human resources (1987), and personnel/industrial relations specialist (1976). |
Eric Etchart |
Mr. Eric P. Etchart is Senior Vice President of Manitowoc Co Inc., and President - Crane Segment of the Company. Mr. Etchart previously served as executive vice president of the Crane segment for the Asia/Pacific region since 2002. Prior to joining the company, Mr. Etchart served as managing director in the Asia/Pacific region for Potain S.A., as managing director in Italy for Potain S.P.A. and as vice president of international sales and marketing for PPM. |
Dean Nolden |
Mr. Dean J. Nolden is Vice President - Finance, Treasurer of Manitowoc Co Inc. He previously served as the vice president and assistant treasurer since 2005. Mr. Nolden joined the company in November 1998 as corporate controller and served in that capacity until his promotion to Vice President Finance and Controller in May 2004. Prior to joining the company, Mr. Nolden spent eight years in public accounting in the audit practice of PricewaterhouseCoopers LLP. He left that firm in 1998 as an audit manager. |
Roy Armes |
Mr. Roy V. Armes is Presiding Independent Director of Manitowoc Co Inc. He has been a director of the Company since 2010 and currently serves as Chairman of the Company’s Corporate Governance Committee. Mr. Armes serves as the Chairman of the Board (12/07 to present) and President and Chief Executive Officer (01/07 to present) of Cooper Tire & Rubber Company (NYSE: CTB). Cooper Tire & Rubber Company is a global company that specializes in the design, manufacture, marketing and sales of passenger car, light and medium truck, motorcycle and racing tires. Prior to joining Cooper Tire & Rubber Company, Mr. Armes was employed for 31 years at Whirlpool Corporation, a manufacturer and marketer of home appliances, serving in positions of increasing responsibility, including, Senior Vice President, Project Management Office; Corporate Vice President and General Director, Whirlpool Mexico; Corporate Vice President, Global Procurement Operations; President/Managing Director, Whirlpool Greater China; Vice President, Manufacturing Technology, Whirlpool Asia (Singapore); and Vice President, Manufacturing & Technology, Refrigeration Products, Whirlpool Europe (Italy). |
Joan Chow |
Ms. Joan K. Chow is Independent Director of Manitowoc Co Inc. Ms. Chow is the Executive Vice President and Chief Marketing Officer at ConAgra Foods, Inc. (NYSE: CAG). Con Agra Foods, headquartered in Omaha, NE, is one of North America’s packaged food companies with a focus of finding a better way to nourish the lives of consumers. Prior to her career at ConAgra, Ms. Chow was employed for nine years with Sears Holdings Corporation in various marketing positions of increasing responsibility, having served as Senior Vice President/Chief Marketing Officer of Sears Holdings Corporation immediately prior to taking a position with ConAgra. Prior to that, she served in executive positions with Information Resources Inc. and Johnson & Johnson Consumer Products, Inc. |
Donald Condon |
Mr. Donald Marion Condon Jr., is Independent Director of Manitowoc Co Inc. Mr. Condon is the Senior Vice President (2006 to present), Corporate Business Development for Westlake Chemical Corporation (NYSE: WLK). Westlake Chemical Corporation owns and operates facilities for the manufacture of petrochemicals, plastics, and fabricated plastic products and is headquartered in Houston, TX. Prior to joining Westlake, Mr. Condon was Managing Director and Chief Executive Officer of Titan Chemicals Corp. Bhd. (2003 to 2006), Malaysian Stock Exchange (Bursa, Malaysia), which he led when it went public in 2005. Mr. Condon continued to serve as a director of Titan until November 2010. Prior to joining Titan, Mr. Condon was President and General Manager of Conoco Energy Ventures, Inc. (1998 to 2003) and held other positions of increasing responsibility with energy and manufacturing companies. |
Cynthia Egnotovich |
Ms. Cynthia M. Egnotovich is Independent Director of Manitowoc Co Inc. Ms. Egnotovich is the President, Customer Service (2012 to present) of the Aerospace Systems of United Technologies Corporation (NYSE: UTX). United Technologies Corporation (UTC) is a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries. The UTC Aerospace Systems Customer Service organization is focused on program management of customer long-term agreements, sales and technical support. Previous to her position with UTC, Ms. Egnotovich was Vice President (2002 to 2012) of Goodrich Corporation (NYSE: GR) and Segment President, Nacelles and Interior Systems (2007 to 2012) of Goodrich Corporation. Goodrich Corporation was aerospace manufacturer located in Charlotte, NC that was acquired by UTC in 2012. Ms. Egnotovich previously served as Segment President, Engine Systems (2005 to 2007); Segment President, Electronic Systems (2003 to 2005); and Segment President, Engine and Safety Systems (2002 to 2003), all at Goodrich Corporation. Prior to 2002, Ms. Egnotovich held other positions of increasing responsibility since joining Goodrich in 1986. |
Kenneth Krueger |
Mr. Kenneth W. Krueger is Independent Director of Manitowoc Co Inc.. He previously served as a member of both the Audit and the Compensation Committees. Mr. Krueger was the Chief Operating Officer (5/06 to 8/09) and Executive Vice President (12/05 to 5/06) of Bucyrus International, Inc., WI (Bucyrus, formerly listed on NASDAQ: BUCY, was acquired by Caterpillar Inc.). Mr. Krueger also was the Sr. Vice President and Chief Financial Officer (8/00-6/05) of A. O. Smith Corporation (NYSE: AOS), a global manufacturer of water heaters in Milwaukee, WI and the former Vice President, Finance and Planning, Hydraulics, Semiconductor Equipment and Specialty Controls Group (7/99-8/00), Eaton Corporation, Cleveland, OH (NYSE: ETN). Mr. Krueger serves as a director of Douglas Dynamics, Inc. (NYSE: PLOW) located in Milwaukee, WI. |
Keith Nosbusch |
Mr. Keith D. Nosbusch is Independent Director of Manitowoc Co Inc. He served as chairman of the Company’s Corporate Governance Committee for six years, until May 2011. Previous to that he also served as a member of the Company’s Compensation Committee. Mr. Nosbusch is the current Chairman (2/05 to present), President and Chief Executive Officer (2/04 to present) of Rockwell Automation, Inc. (NYSE: ROK). Rockwell Automation is global provider of industrial automation power, control and information solutions, headquartered in Milwaukee, WI. Mr. Nosbusch is also a director of Rockwell Automation, Inc. (2/04 to present). He previously served as President, Control Systems, a business unit of Rockwell Automation, and as Senior Vice President of Rockwell Automation, Inc. (11/98-2/04). |
James Packard |
Mr. James L. Packard is Independent Director of Manitowoc Co Inc. He most recently served as Chairman of the Company’s Compensation Committee for six years until May 2011. He also previously served as a member of the Company’s Audit Committee. He served as Executive Chairman (2005 to 2006), Chairman of the Board (1986 to 2005), President (1980-2002) and Chief Executive Officer (1984-2005) of Regal-Beloit Corporation (NYSE: RBC). Regal-Beloit Corporation is a worldwide manufacturer of mechanical power transmission equipment, electric motors and controls, and electric power generators headquartered in Beloit, WI. He is also a director of Clarcor, Inc. (NYSE: CLC), located in Nashville, TN (where he serves as chairman of the governance committee); First National Bank and Trust, located in Beloit, WI; Douglas Dynamics, Inc. (NYSE: PLOW), located in Milwaukee, WI; and ABC Supply Co. Inc, located in Beloit, WI. Mr. Packard also served on the boards of two other publicly-traded companies: Elco Corporation and Gehl Corporation. Mr. Packard served on the Board of Governors of the American Stock Exchange (“AMEX”) and was a member of the Executive Committee, the Board Oversight Committee on Specialist Unit Structure, and the Listed Company Advisory Committee. He was on the Board of Governors at the time AMEX merged with The National Association of Securities Dealers (“NASD”). After the merger he served as a member of the Listing and Hearing Review Council of NASD. |
Robert Stift |
Mr. Robert C. Stift is Independent Director of Manitowoc Co Inc. He served as chairman of the Company’s Audit Committee for six years until May 2011. Previous to that he also served as a member of the Corporate Governance and the Compensation Committees. Mr. Stift is the retired Chairman, President and Chief Executive Officer (3/00-12/01) of Strategic Industries, LLC, located in Chatham, NJ, a manufacturer of industrial and consumer products. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Glen Tellock |
7,302,210 |
Carl Laurino |
1,992,240 |
Maurice Jones |
680,260 |
Thomas Musial |
1,902,670 |
Eric Etchart |
2,254,950 |
Dean Nolden |
-- |
Roy Armes |
-- |
Joan Chow |
-- |
Donald Condon |
-- |
Cynthia Egnotovich |
-- |
Kenneth Krueger |
-- |
Keith Nosbusch |
-- |
James Packard |
-- |
Robert Stift |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Glen Tellock |
323,873 | 5,260,240 |
Carl Laurino |
75,636 | 953,899 |
Maurice Jones |
142,574 | 3,536,485 |
Thomas Musial |
250,451 | 4,406,935 |
Eric Etchart |
19,698 | 225,065 |
Dean Nolden |
0 | 0 |
Roy Armes |
0 | 0 |
Joan Chow |
0 | 0 |
Donald Condon |
0 | 0 |
Cynthia Egnotovich |
0 | 0 |
Kenneth Krueger |
0 | 0 |
Keith Nosbusch |
0 | 0 |
James Packard |
0 | 0 |
Robert Stift |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
NOSBUSCH KEITH D |
999 | $20.83 |
CONDON DONALD MARION JR |
714 | $20.83 |
ETCHART ERIC P |
30,000 | $4.41 |
EGNOTOVICH CYNTHIA M |
357 | $20.83 |
TELLOCK GLEN E |
49,282 | $19.58 |
MUSIAL THOMAS G |
6,682 | $19.52 |
NOLDEN DEAN J |
2,000 | $19.51 |
JONES MAURICE D |
6,471 | $19.52 |
ETCHART ERIC P |
40,159 | $0.00 |
TELLOCK GLEN E |
143,178 | $0.00 |
EGNOTOVICH CYNTHIA M |
5,410 | $18.14 |
CONDON DONALD MARION JR |
5,410 | $18.14 |
NOSBUSCH KEITH D |
5,410 | $18.14 |
LAURINO CARL J |
31,756 | $0.00 |
KRUEGER KENNETH W |
5,410 | $18.14 |
ARMES ROY V |
5,410 | $18.14 |
STIFT ROBERT C |
5,410 | $18.14 |
PACKARD JAMES L |
5,410 | $18.14 |
KACHMER MICHAEL J |
40,159 | $0.00 |
CHOW JOAN KAI |
5,410 | $18.14 |
NOLDEN DEAN J |
8,293 | $0.00 |
MUSIAL THOMAS G |
27,719 | $0.00 |
JONES MAURICE D |
26,845 | $0.00 |
KRUEGER KENNETH W |
4,500 | $19.13 |
NOLDEN DEAN J |
2,400 | $4.77 |
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