Foodservice

Manitowoc Chair Retires

Growcock oversaw major period of company growth
MANITOWOC, Wis. -- After a 15-year career that was highlighted by strategic acquisitions, transformational growth and business globalization, Terry D. Growcock, chairman of the board of The Manitowoc Co. Inc. has announced his intention to retire, effective Dec. 31.

Growcock, 63, has served as Manitowoc's chairman of the board since 2007. Previously, he served as chairman and chief executive officer from 2002 to 2007, and president and chief executive officer from 1998 to 2002. Growcock joined the company in 1994 as executive vice president of Manitowoc Ice. In 1995, he [image-nocss] was appointed president of Manitowoc Foodservice Group and served in that capacity until his promotion to president and CEO of the corporation in 1998. Prior to joining Manitowoc, Growcock served in numerous management and executive positions with Siebe plc and United Technologies.

"Terry has truly been a transformational figure at Manitowoc," said CEO Glen E. Tellock. "He has taken us from a revenue base of $700 million in 1998 to more than $4 billion today. Terry was instrumental in growing our foodservice segment from a U.S.-focused provider of commercial ice machines to becoming a global leader in heating, cooking, ice, beverage and refrigeration equipment. All of us at Manitowoc will miss his inspirational leadership, wise counsel and cordial friendship. We sincerely wish him all the best in his retirement."

Growcock attended Indiana University and earned a bachelor's degree in business management from the University of St. Francis, Fort Wayne, Indiana. He currently serves on the boards of Bemis Manufacturing, Harris Corp., Harsco Corp. and Carlisle Cos. Inc.

The Manitowoc Co. Inc., Manitowoc, Wis., is a diversified, multi-industry, capital-goods manufacturer with 104 manufacturing and service facilities in 27 countries.

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