Manitowoc Co Inc 8-K, filed Jan 21, 2026
Manitowoc Co Inc (MTW)
About this 8-K
Manitowoc Co Inc filed this 8-K on January 21, 2026.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 20, 2026, The Manitowoc Company, Inc. (the “Company”) increased the size of the Board of Directors (the “Board”) from eight directors to ten directors and elected Mark B. Rourke and Randy A. Wood as new directors to fill the vacancies created by such increase, effective immediately, each with a term expiring at the Company’s 2026 annual meeting of shareholders and until his successor is duly elected and qualified.
Messrs. Rourke and Wood will receive the same compensation as the Company’s other non-employee directors, as described under “Non-Employee Director Compensation” in the Company’s Proxy Statement for its 2025 annual meeting of shareholders, which was filed with the Securities and Exchange Commission on March 21, 2025.
A copy of the press release announcing this addition to the Board is attached hereto as Exhibit 99.1 and incorporated herein by reference in its entirety.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The exhibits listed in the exhibit index below are being filed herewith.
EXHIBIT INDEX
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99.1 |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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The Manitowoc Company, Inc. |
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January 21, 2026 |
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/s/ Jennifer L. Peterson |
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Jennifer L. Peterson |
Manitowoc Board of Directors Appoints Mark B. Rourke and Randy A. Wood as New Directors
MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, today announced that Mark B. Rourke and Randy A. Wood have been appointed to the Company’s board of directors effective immediately.
Mark Rourke is President and Chief Executive Officer of Schneider National (NYSE: SNDR), a leading transportation and logistics company in North America. Since joining Schneider in 1987, Mr. Rourke has served in a variety of roles with increasing responsibility, including Executive Vice President and Chief Operating Officer and President of Truckload Services. He became CEO in 2019, driving strategic acquisitions and expanding the company’s Dedicated Services. Under his leadership. Schneider successfully transitioned to a publicly traded entity on the New York Stock Exchange in 2017. He holds a Bachelor of Arts degree in Marketing from University of Akron and has attended programs on corporate governance and strategic leadership at Harvard University. Mr. Rourke serves on the board of directors for the Trucking Alliance and the Green Bay Packers.
Randy Wood is President and Chief Executive Officer of Lindsay Corporation (NYSE: LNN). He became CEO in 2021. Mr. Wood joined Lindsay in 2008 and has served in a variety of leadership roles including Chief Operating Officer, President – Irrigation, President – International Irrigation, and Vice President – Americas / ANZ Sales and Marketing. Prior to Lindsay, Mr. Wood served 11 years at Case Corporation / CNH Global in various sales and marketing leadership responsibilities. He holds a Bachelor of Environmental Studies degree from University of Waterloo and Master of Business Administration from University of Colorado and has completed the Global Executive Leadership Program at Yale University and attained the Corporate Director Certificate from Harvard Business School. Mr. Wood serves on the board of directors for Nebraska and Omaha Chambers of Commerce and United Way of the Midlands.
“Mark and Randy are both proven leaders with exceptional operational expertise that will enhance strategic decision-making and governance for Manitowoc. Their demonstrated leadership in complex environments positions them to provide invaluable guidance as we accelerate the achievement of Manitowoc’s long-term growth objectives,” said Kenneth W. Krueger, Chairman of Manitowoc’s Board of Directors.
For more information:
Ion Warner
Senior Vice President
Marketing and Investor Relations
+1 414-760-4805
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc. was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, Shuttlelift, and Upfits by Aspen Equipment brand names.