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Schrader is new Komatsu America CEO

schraderMarch 1, 2012 - Komatsu America Corp. has named Rod Schrader its new CEO and vice-chairman, effective April 1. Schrader, a 25-year veteran of Komatsu America, will replace Dave Grzelak, who is stepping down as CEO but will remain chairman of Komatsu America until the end of June, 2013.


March 1, 2012
By Komatsu America Corporation

“Rod has been an invaluable member of the Komatsu team for the past 25
years and has consistently delivered excellent results both in sales and
customer satisfaction,” said Grzelak.“I am privileged to have been a
part of the Komatsu America leadership team and retire as CEO knowing
that the company is in excellent hands.”

“I am very honored that the board has selected me to lead Komatsu
America,” Schrader said. “By building on the success the company
has had under Dave’s excellent leadership, I intend to continue to
implement our strategy and take advantage of the growing market
opportunities for Komatsu.”

Prior to being named CEO, Schrader was executive vice-president and general manager of the mining division. He began
his career with the company in 1987 and held positions in varied areas
within Komatsu including product manager, manager, of large equipment sales, director of marketing, vice-president of product marketing and president of
Komatsu Utility. Schrader was appointed to the Komatsu America board in July 2010.

Schrader received his undergraduate degree in civil engineering from
the Rose Hulman Institute of Technology and holds an MBA from Keller
Graduate School of Management. He also serves as a board member for
Junior Achievement of Central Illinois.

Grzelak served as chairman, CEO, or president of Komatsu America for
15 years. He began his career with the company in 1990.

Ivor Hill, currently vice-president of service, will be promoted to vice-president and general manager of the Mining Division.

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