Nolden will be responsible for global cash management, development and implementation of foreign currency and interest rate hedging strategies, and management of bank and debt-market relationships. He will also participate in corporate strategic planning, merger and acquisition activities and retirement fund management.
Nolden joined Manitowoc’s corporate staff in 1998 as corporate controller and served in that capacity until his promotion to vice president of finance and controller in May 2004, which was followed by a promotion to vice president of finance and assistant treasurer in May 2006. Mr. Nolden also served a short-term assignment in 2001 in Ecully, France, as the integration manager following Manitowoc’s acquisition of Potain.
An overview of key first quarter results appears in the May edition of Cranes Today.