Sany America appoints new CEO

Dec. 11, 2013 – Mike Rhoda, a construction and industrial equipment executive with
extensive international experience in marketing, operations, product
development and sales, has been named chief executive officer of Sany
America Inc. He replaces Tim Frank, who resigned as chairman in October.

As
CEO, Rhoda has overall responsibility for manufacturing, sales,
marketing and support for all Sany equipment products in the United
States, Canada, Mexico and Central America.

“Mike
Rhoda has more than two decades of directly relevant experience in the
off-highway equipment sector, including work in Asia and emerging
markets,” said Liang Wengen, chairman of the board of Sany Group, based
in Beijing, China. “Mike’s strategic expertise and record of
accomplishment will serve Sany well as we continue to grow our presence
and further establish our brand as a market leader in North and Central
America.”

“I
am honored that the Board has selected me to lead Sany America and the
dedicated and talented group of employees who work here,” Rhoda said.
“We will build on the company’s recent successes, which include a
significant expansion of our dealer network, as well as growing sales
and profit in this important market. Sany is the fifth-largest
manufacturer of construction equipment in the world, and has a great
reputation in China for product support and service. We intend to work
hard to ensure that every Sany customer here can count on excellent
support as well.”

Prior
to being named CEO, Rhoda was chief technology officer with Doosan
Infracore Construction Equipment. He also served at Volvo Construction
Equipment as vice president of product development, and then president
and CEO of the excavator business line. Rhoda previously served in
various senior management positions at Ingersoll Rand.

Rhoda holds a master’s degree in mechanical engineering from Purdue University.

For more information

www.sanyamerica.com