has resigned as president and CEO of Manitou BF. Bamas was appointed on an interim basis on 6 March 2013 and is resigning to permit the appointment of Michel Denis
as the new president and CEO.
Denis started his new role on 13 January. He will be president and CEO for a four-year term that expires at the shareholders' meeting for the approval of 2017 financial statements.
Board chairman Marcel Braud thanked Bamas for the work he had accomplished.
"After having assisted the Board for several years as a director, he made himself available at a pivotal moment in our history that required a realignment between profitability and development. During this period, he stabilised financing for the next five years, reduced the debt and initiated a combination of optimisation programs and developments from which the group should benefit in the upcoming years."
Denis, 48, is a graduate of the ESSEC business school and the Ecole Centrale de Lyon, a French engineering school. He began his career as a strategic consultant. He joined Dalkia in 1994 to develop cogeneration. He subsequently managed the French businesses of MC International, which later became Johnson Controls, an industrial and commercial refrigeration specialist. In 2003, he joined the Fraikin Group, the European leader in truck rentals, for which he was CEO until August of 2013.
Dr Lars Brzoska
will join the board of management of Jungheinrich AG from 1 May. He will be responsible for sales. Brzoska studied business management at the University of Münster where he received a doctorate degree in 2003. He then joined the Gildemeister Group, where he worked for the management board on strategy, marketing, sales and product development. Shortly thereafter, he was appointed head of technical services at Gildemeister subsidiary DMG Vertriebs und Service GmbH, where he was general manager from 2004 to 2010. In 2010, Brzoska joined Demag Cranes AG as executive vice president of group sales. In 2012, he occupied the post of executive vice president - industrial cranes and managing director of its Demag Cranes & Components GmbH subsidiary. Since the company's integration into Terex Corporation, he has spearheaded the Terex Material Handling business group as vice president and managing director in his capacity as member of the board of management of Terex Material Handling & Port Solutions AG.
Gloucester, United Kingdom
Golden Valley Pallet Wrap Specialists (GVPS) has announced a significant restructure of its senior management team.
Operations director Martyn Sumner
has replaced Suzanne Griffiths
as managing director, following her recent retirement.
Commercial director Mike Wardell
has been appointed as the company's sales director.
Both Sumner and Wardell have broad experience in the pallet wrap sector, having held senior positions in the industry's leading companies.