31.03.2014

Martina Moritsch to step down

Martina Moritsch is stepping down as managing director of Terex Tower Cranes and will leave the company at the end of May.

Moritsch is a member of the family that founded the Comedil and Recom tower crane company more than 50 years ago. Comedil was acquired by Terex in 1999 and it acquired full control of Recom, which built Terex luffing jib tower cranes, in 2012. The company was rebranded Terex Tower Cranes in the same year.
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Martina Moritsch

Moritsch, who has spent 28 years with Comedil/Terex said that she felt the time was right to make a change. “It was an extremely difficult decision to leave a company that has been such a big part of my family and my life. However, with the tower crane market in recovery, I believe the time is right for me to step down so a seamless transition in leadership can be made to ensure the continued success of Terex Tower Cranes.”

Marco Gentilini, previously general manager of Terex Bendini, then head of Terex Cranes North America and now vice president of business integration will now lead the tower crane business in addition to continuing with his integration role. He will work closely with Moritsch in a two month transition period to ensure a smooth hand over.
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Marco Gentilini

Terex Crane president Tim Ford added: “We sincerely thank Martina and the entire Moritsch family, for years of dedication to and leadership of Terex Tower Cranes. The Terex family is very sad to see her leave, as she is an important part of the Terex story. Terex respects her difficult decision to step down and wishes her much continued success in future endeavours.”

“In recent months, Terex Cranes has successfully introduced its new regional structure, to become easier to do business with and show one face to the customer. Marco is the right person at the right time to lead the global tower crane business, evaluate how to drive further integration between our tower and mobile crane business, and develop the appropriate integration strategy,” he said.

“Martina is well respected in the tower crane industry and has left some very big shoes to fill, but I look forward to this new opportunity within Terex Cranes,” said Gentilini. “The experience gained and success achieved with the mobile business integration and simplification strategy has prepared me well for this position.”
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Martina Moritsch with the Eazy 90's crane designer and erection crew