11.08.2009

New head for Terex ASV

Terex has promoted Kurt Bollman, general manager of its Loegering ASV undercarriage business to, general manager of Terex ASV the compact tracked loader manufacturer of which Loegering is a subsidiary.

Bollman replaces Mark Glasnapp, currently president of Terex ASV, who is retiring. Bollman will retain responsibility for the Loegering facility as part of his new, expanded position.

A certified public accountant, Bollman has been with Loegering, for eight years. He previously held positions as controller, management information system director and chief financial officer for industries as diverse as the soft drink industry, long-haul trucking and agricultural seeds. He has also owned his own public accounting firm.

At the same time all sales, marketing and support functions will transfer to Terex Construction, Southaven, Mississippi, leaving ASV as an engineering and manufacturing operation.

Robert Desel, vice president, Terex Construction Americas said: "We thank Mark for his outstanding service to Terex ASV. He played an important role in building the compact track loader business and we wish him the best of luck in the future. At the same time, we congratulate Kurt on his new position, from which he is uniquely qualified to lead Terex ASV's engineering and manufacturing operations into the future."