Aaron H. Ravenscroft named president and CEO of crane manufacturer, effective immediately; he replaces Barry L. Pennypacker.
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Year-to-date sales down 20.8 percent year-over-year.
Company reported a loss of $36 million for the quarter.
Fourth quarter sales decreased 30.4 percent year-over-year.
Year-to-date sales up 0.1 percent year-over-year.
Company transitioned to stand-alone crane business during the quarter.
Fourth quarter sales decreased 9.9 percent year-over-year.
Barry Pennypacker named president and CEO.
Sale helps company focus on core foodservice segment brands.
John Stewart appointed to position.
Company's third-quarter sales decline 12.5%
This change is in preparation for the spinoff of the company's foodservice business.
Year-to-date sales down 12.1 percent year-over-year.
Company unveils plan to spin off foodservice, cranes divisions into separate entities.
Mark Beffel to retire as senior vice president of global operational excellence, succeeded by Josef Matosevic.
CEO: Sales decline reflects "muted demand" from uncertain global economy.
Year-to-date sales down 3.6 percent year-over-year.
Profit reported at a loss of $8.8 million.