Changes at the top at Manitou

The board of directors of Manitou BF met on 22 June to determine the group’s corporate governance: Marcel-Claude Braud was appointed as chairman of the board; Hervé Rochet was appointed interim president & CEO and Pierre-Henri Ricaud an independent director, resigned his post.

Marcel-Claude Braud will serve as chairman for the remainder of his current term as director, which concludes at the 2027 Annual General Meeting convened to approve the financial statements for the fiscal year ending 2026.

Marcel-Claude Braud, 74 years old, has served as a director and a member of various board committees since 2013. A graduate of ESLSCA Paris, Marcel-Claude Braud began his career at International Harvester. He subsequently joined Manitou Group, holding numerous executive positions in both France and the United States, before serving as chairman of the management board of the group from 1998 to 2009.

In this role, Marcel-Claude 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 June 30.

Marcel-Claude 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.”

Hervé Rochet, chief transformation & governance officer will serve as interim president & CEO from 25 June following the Annual General Meeting, until June 30, when Sylvain Blaise will officially assume his duties as the group’s new president & CEO.