Manitou announces new chair of the board

Marcel-Claude Braud has been appointed as chairman of the Board of Directors at Manitou Group.

He will serve in the capacity for the remainder of his current term as director, which concludes at the 2027 Annual General Meeting.

Marcel-Claude Braud, chairman of the board at Manitou. (Image: Manitou)..

Braud, who is 74 years old, has served as a director and a member of various Board committees since 2013. A graduate of ESLSCA Paris, Braud began his career at International Harvester.

He subsequently joined Manitou Group, holding numerous executive positions in France and the United States, before serving as chairman of the Management Board of the group from 1998 to 2009.

In this role Braud will ensure the continuity of the controlling family shareholders’ commitment to the group’s development. Together with the Board, he will support the transition and arrival of the incoming president & CEO Sylvain Blaise who will join the group on 30 June.

Braud said, “I would like to thank the board for the confidence they have placed in me. It is with a profound sense of duty that I will dedicate myself to fostering the group’s growth through the execution of our Lift 2030 strategic plan.

“The group’s entrepreneurial spirit, capacity for innovation, and the dedication of our teams, combined with the strength of our dealer network, represent formidable assets to sustain our development within an uncertain global landscape.”

During the board meeting at which Braud was appointed it was confirmed that Pierre-Henri Ricaud had resigned from his position as an independent director.

It was also confirmed that Hervé Rochet, the group’s chief transformation & governance officer has been appointed interim CEO of The Board of Directors from 25 June, following the AGM, until June 30, when Sylvain Blaise will officially assume his duties in that position.