leadership
confidence high
sentiment neutral
materiality 0.50
Manitex appoints Takashi Fukui as director; Shinichi Iimura resigns for health reasons
Manitex International, Inc.
- Shinichi Iimura resigned from Manitex Board effective June 17, 2024 for personal health reasons; not due to any disagreement.
- Takashi Fukui appointed to Board effective June 18, 2024, nominated by Tadano Ltd. (holds >10% of MNTX stock).
- Fukui is Executive Officer, International Sales Division of Tadano, with over 30 years in heavy equipment industry.
- Fukui will serve until the 2024 annual meeting (June 25, 2024) and will stand for election as substitute nominee.
- Fukui receives standard non-employee director compensation: $10,000 quarterly cash fees plus periodic equity grants.