The Manitowoc Company, Inc. announced several management team transitions in line with the company's long-term succession planning process. Eric Etchart, who has served as president of Manitowoc Cranes for the past nearly eight years, will move to a new role as senior vice president, business development of The Manitowoc Company effective immediately. Larry Weyers will succeed Mr. Etchart as president of Manitowoc Cranes.

Mr. Weyers has most recently served as global executive vice president for Manitowoc Cranes. Since joining the company in 1998, he has held various executive management positions at Manitowoc, including executive vice president of Crane Care. In addition, Manitowoc has announced the planned retirement of Mark Beffel, vice president, operational excellence effective February 2, 2015.

Josef Matosevic will assume the role of senior vice president of global operational excellence of The Manitowoc Company and will lead the company's manufacturing, quality, and safety initiatives upon Mr. Beffel's retirement.