The Manitowoc Company, Inc. (NYSE: MTW) announced today that Andreas G. Weishaar has been appointed Senior Vice President, Strategy, Marketing & Human Resources, of Manitowoc Foodservice, Inc., effective today.

“Andreas brings a unique set of skills to Manitowoc Foodservice. He has led and implemented large-scale corporate transformations, market-entry and branding strategies and has a track record of developing high-performance teams globally. His perspective will allow our team to capture significant growth opportunities, while leveraging the strong team we already have in place. I am convinced his contributions to the team will yield significant results as we become an independent company,” commented Hubertus Muehlhaeuser, President and Chief Executive Officer, Manitowoc Foodservice, Inc.

Mr. Weishaar spent the last ten years at AGCO Corporation where he held various leadership positions, most recently Vice President and General Manager, Global Green Harvesting, comprising the company’s worldwide hay, forage and sugar business. During his tenure with the company, he led one of the major product lines, established operations and executed growth strategies in China and India, and managed multiple important strategic change and operations improvement initiatives. He began his career at Arthur D. Little, working in areas of strategy and organization, performance improvement, and mergers and acquisitions.

Mr. Weishaar holds a Diplom Kaufmann from the European Business School, Germany, and studied at the Ecole Supérieure de Commerce de Dijion, France, and the Thunderbird School of Global Management, USA.

About The Manitowoc Company, Inc.

Founded in 1902, The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with 80 manufacturing, distribution, and service facilities in 25 countries. The company is recognized globally as one of the premier innovators and providers of crawler cranes, tower cranes, and mobile cranes for the heavy construction industry. Manitowoc is also one of the world’s leading innovators and manufacturers of commercial foodservice equipment, which includes 23 market-leading brands of hot- and cold-focused equipment. In addition, both segments are complemented by a slate of industry-leading product support services. In 2015, Manitowoc’s revenues totaled $3.4 billion, with approximately half of these revenues generated outside of the United States.