In a management transition announced last week, Manitowoc Co. Chairman/CEO Glen Tellock has taken the reins at the company’s Foodservice segment. He will lead it on an interim basis while the company searches for a successor for Michael Kachmerm who resigned in early April as president of Manitowoc Foodservice and as a company senior v.p. to pursue a CEO role elsewhere. Manitowoc says several strong internal candidates are being considered to serve as president of Foodservice on a permanent basis.
“Mike has been instrumental to the development of Manitowoc Foodservice and leaves the segment poised for additional growth in 2013 and beyond as we continue to execute on strategies to gain market share, drive innovation in our core brands and improve operational efficiencies across our global footprint,” Tellock said. “We thank Mike for his contributions to our company and wish him well in his future endeavors. Meanwhile, our deep management bench and strong succession planning process provides a solid foundation to ensure a smooth transition and execute on our long-term strategy.”
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