He replaces Terry Growcock, who retired as chairman at the end of 2008.
Mr. Tellock joined the company in 1991 as director of accounting. After serving as corporate controller and then as vice president of finance and treasurer, he was named senior vice president and chief financial officer in 1999. He also served in dual roles as senior vice president of Manitowoc Company and president of Manitowoc Crane Group from 2002 until he was named president and chief executive officer of the corporation in 2007.
Mr Tellock has been a member of Manitowoc’s board since 2007.
Manitowoc’s board of directors has also declared its regular quarterly dividend of two cents per share of common stock, payable on March 16, 2009, to shareholders of record on March 6, 2009.
