MANITOWOC, Wis., May 13 /PRNewswire-FirstCall/ -- The Manitowoc Company, Inc. announced today that Dean J. Nolden, 40, has been elected treasurer by the company's board of directors. Mr. Nolden, who will also continue as Manitowoc's vice president of finance, assumes his additional responsibilities immediately.
Nolden joined Manitowoc's corporate staff in 1998 as corporate controller and served in that capacity until his promotion to vice president of finance and controller in May 2004, which was followed by a promotion to vice president of finance and assistant treasurer in May 2006. Mr. Nolden also served a short-term assignment in 2001 in Ecully, France, as the integration manager following Manitowoc's acquisition of Potain.
As treasurer of The Manitowoc Company, Nolden will be responsible for global cash management, development and implementation of foreign currency and interest rate hedging strategies, and management of bank and debt-market relationships. He will also participate in corporate strategic planning, merger, and acquisition activities, as well as retirement fund management.
Prior to joining Manitowoc, Nolden spent eight years in public accounting in the audit practice of PricewaterhouseCoopers LLP. He left that firm in 1998 as an audit manager.
Mr. Nolden is a 1991 graduate of the University of Wisconsin-Madison, where he earned a bachelor of business administration degree in accounting. He is also a 2005 graduate of Marquette University, where he earned his masters degree in business administration.
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with over 100 manufacturing and service facilities in 27 countries. It is recognized as one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. Manitowoc also is one of the world's leading innovators and manufacturers of commercial foodservice equipment serving the ice, beverage, refrigeration, food prep, and cooking needs of restaurants, convenience stores, hotels, healthcare, and institutional applications.
The Manitowoc Company, Inc.
CONTACT: Thomas G. Musial, Senior Vice President - Human Resources &
Administration of The Manitowoc Company, Inc., +1-920-652-1738, or fax,
+1-920-652-9776, tom.musial@manitowoc.com
