SHADY GROVE, Pa. - Salvatore "Sam" Bonanno, president and chief executive officer of Grove Worldwide, announced a major management change Monday.
Joseph Shull, president and chief operating officer of Grove Crane, one of the corporation's three divisions, is being replaced by Jeffry D. Bust, president and general manager of Manitowoc Cranes Inc., a Wisconsin-based crane manufacturer and Grove competitor.
Bust took over Monday.
According a release from Bonanno, Bust will report to Shull until Shull leaves the company at the end of September. After that, Bust will report to Bonanno, the release said.
Shull, who has 30 years of service, will serve as chairman of Grove Crane until he leaves. Shull plans to open a private consulting firm, for which Grove will be a major client, Bonanno said.