Manitex International Management

Management criteria checks 3/4

Manitex International's CEO is J. Coffey, appointed in Apr 2022, has a tenure of 2.58 years. total yearly compensation is $1.58M, comprised of 25.3% salary and 74.7% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth €480.11K. The average tenure of the management team and the board of directors is 2.6 years and 12.6 years respectively.

Key information

J. Coffey

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	25.3%
CEO tenure	2.6yrs
CEO ownership	0.4%
Management average tenure	2.6yrs
Board average tenure	12.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has J. Coffey's remuneration changed compared to Manitex International's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$9m
Jun 30 2024	n/a	n/a	US$11m
Mar 31 2024	n/a	n/a	US$10m
Dec 31 2023	US$2m	US$400k	US$7m
Sep 30 2023	n/a	n/a	US$3m
Jun 30 2023	n/a	n/a	-US$2m
Mar 31 2023	n/a	n/a	-US$5m
Dec 31 2022	US$5m	US$283k	-US$5m

Compensation vs Market: J.'s total compensation ($USD1.58M) is above average for companies of similar size in the German market ($USD471.14K).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.

CEO

J. Coffey (53 yo)

2.6yrs

Tenure

US$1,581,459

Compensation

Mr. J. Michael Coffey serves as Chief Executive Officer at Manitex International, Inc. since April 11, 2022 and serves as its Director Since June 2022. He served as the Chief Operating Officer of Americas...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Langevin	Executive Chairman	18.3yrs	US$735.21k	4.61% € 5.2m
J. Coffey	CEO & Director	2.6yrs	US$1.58m	0.43% € 480.1k
Joseph Doolan	CFO, Senior VP & Principal Accounting Officer	4.1yrs	US$813.16k	0.28% € 314.5k
Tami McHazlett	Director of Human Resources	less than a year	no data	no data
Scott Rolston	Senior Vice President of Strategic Planning	15.3yrs	no data	no data
Stoyan Filipov	Special Advisor	2.6yrs	US$444.27k	0% € 0
Richard Mills	President of Manitex North American Manufacturing	2.1yrs	no data	no data
Giovanni Tacconi	VP & Italian MD	no data	no data	no data
Alberto Ranzi	Director of Human Resources - European Manufacturing	no data	no data	no data
Roberto Chiesa	CFO - European Manufacturing	6.3yrs	no data	no data
Steve Berner	VP & President of Rabern Rentals	no data	no data	no data
Marsha Eskew	Controller for Rabern Rentals	1.7yrs	no data	no data

2.6yrs

Average Tenure

58yo

Average Age

Experienced Management: VE8's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Langevin	Executive Chairman	18.3yrs	US$735.21k	4.61% € 5.2m
J. Coffey	CEO & Director	2.4yrs	US$1.58m	0.43% € 480.1k
Stephen Tober	Independent Director	16.9yrs	US$86.35k	0.61% € 683.5k
Ronald Clark	Independent Director	14.1yrs	US$86.35k	0.48% € 543.0k
Frederick Knox	Independent Director	11.2yrs	US$86.35k	0.40% € 449.3k
Takashi Fukui	Director	less than a year	no data	no data

12.6yrs

Average Tenure

73yo

Average Age

Experienced Board: VE8's board of directors are seasoned and experienced ( 12.6 years average tenure).

Manitex International Management

Management criteria checks 3/4

Key information

Recent management updates

Manitex International Announces Board Changes

Manitex International, Inc., Annual General Meeting, Jun 25, 2024

Manitex International Announces Board Changes

Manitex International Announces the Appointment of Paolo Balugani to General Manager of Manitex Valla

Manitex International, Inc. Announces Board Changes

Insufficient new directors

Recent updates

Manitex International's Shares to No Longer Trade on Nasdaq or Any Other Public Market, Upon Completion of the Transaction

Investor sentiment deteriorates as stock falls 31%

Second quarter 2024 earnings released: EPS: US$0.073 (vs US$0.02 in 2Q 2023)

Manitex International, Inc. Revises Earnings Guidance for the Year 2024

Manitex International, Inc. Revises Earnings Guidance for the Year 2024

Manitex International, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Investor sentiment improves as stock rises 15%

Manitex International Announces Board Changes

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 22%

First quarter 2024 earnings released: EPS: US$0.11 (vs US$0.003 in 1Q 2023)

Manitex International, Inc., Annual General Meeting, Jun 25, 2024

Manitex International, Inc. to Report Q1, 2024 Results on May 02, 2024

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: US$0.36 (vs US$0.24 loss in FY 2022)

Manitex International, Inc. Provides Earnings Guidance for the Full Year 2024

Manitex International, Inc. to Report Q4, 2023 Results on Feb 29, 2024

Investor sentiment deteriorates as stock falls 16%

Manitex International Announces Board Changes

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 29%

Manitex International, Inc. Provides Revenue Guidance for the Full-Year 2023

Third quarter 2023 earnings released: EPS: US$0.084 (vs US$0.17 loss in 3Q 2022)

Manitex International, Inc. to Report Q3, 2023 Results on Nov 02, 2023

New minor risk - Share price stability

Manitex International, Inc. Provides Revenue Guidance for the Full-Year 2023

Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.11 loss in 2Q 2022)

Manitex International, Inc. to Report Q2, 2023 Results on Aug 03, 2023

New minor risk - Share price stability

First quarter 2023 earnings released: EPS: US$0.003 (vs US$0.012 in 1Q 2022)

Full year 2022 earnings released: US$0.24 loss per share (vs US$0.23 loss in FY 2021)

Manitex International Announces the Appointment of Paolo Balugani to General Manager of Manitex Valla

Manitex International, Inc. to Report Q4, 2022 Results on Mar 08, 2023

Manitex International, Inc. Announces Board Changes

Insufficient new directors

Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.055 loss in 3Q 2021)

Manitex International, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Manitex International, Inc. Names Richard Mills as President, Manitex North American Manufacturing

Second quarter 2022 earnings released: US$0.11 loss per share (vs US$0.27 profit in 2Q 2021)

Manitex International, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Manitex International, Inc.(NasdaqCM:MNTX) dropped from Russell Microcap Value Index

Manitex International, Inc. Appoints Michael Coffey to Its Board of Directors

First quarter 2022 earnings released: EPS: US$0.012 (vs US$0.039 loss in 1Q 2021)

Insufficient new directors

Manitex International, Inc., Annual General Meeting, Jun 02, 2022

Insufficient new directors

Manitex International, Inc. Announces Resignation of Steve Kiefer as President and Chief Operating Officer

Manitex International, Inc. (NasdaqCM:MNTX) acquired a 70% stake in Rabern Rentals for $25.9 million.

Manitex International, Inc. Announces Restructuring Plan

Third quarter 2021 earnings released: US$0.055 loss per share (vs US$0.073 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.27 (vs US$0.12 loss in 2Q 2020)

Insufficient new directors

First quarter 2021 earnings released: US$0.039 loss per share (vs US$0.36 loss in 1Q 2020)

Full year 2020 earnings released: US$0.64 loss per share (vs US$0.43 loss in FY 2019)

Revenue beats expectations

New 90-day high: €5.40

New 90-day high: €4.96

New 90-day high: €4.38

Revenue misses expectations

Third quarter 2020 earnings released: US$0.073 loss per share

Revenue misses expectations

Third quarter 2020 earnings released: US$0.073 loss per share

New 90-day low: €3.16

New 90-day high: €4.26

Manitex International, Inc. Appoints Joseph Doolan as Chief Financial Officer

NEIP III S.p.A, fund of Finanziaria Internazionale Investments SGR S.P.A. and BP Handling Technologies agreed to acquire CVS Ferrari SrL from Manitex International, Inc. (NasdaqCM:MNTX) for $19 million.

Manitex International, Inc.(NasdaqCM:MNTX) dropped from S&P Global BMI Index

Manitex International, Inc. Announces Executive Changes