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Manitowoc Company adds two CEOs to board

Story Highlights
  • On January 20, 2026, Manitowoc expanded its board and appointed two new directors.
  • The CEO-level appointees bring significant operational expertise to support Manitowoc’s long-term growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manitowoc Company adds two CEOs to board

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The latest announcement is out from Manitowoc Company ( (MTW) ).

On January 20, 2026, Manitowoc expanded its board of directors from eight to ten members and appointed Mark B. Rourke, CEO of Schneider National, and Randy A. Wood, CEO of Lindsay Corporation, as new directors with terms expiring at the company’s 2026 annual meeting of shareholders. The addition of two sitting chief executives with deep operational and strategic experience in transportation, logistics, industrial and infrastructure markets is intended to strengthen Manitowoc’s governance and support its long-term growth objectives, signaling a continued focus on enhancing board expertise to guide the crane maker through complex operating environments and evolving market demands.

The most recent analyst rating on (MTW) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Manitowoc Company stock, see the MTW Stock Forecast page.

Spark’s Take on MTW Stock

According to Spark, TipRanks’ AI Analyst, MTW is a Outperform.

Manitowoc Company shows a strong earnings performance with significant revenue and order growth, which is the most impactful factor. The stock’s undervaluation further supports its attractiveness. However, cash flow challenges and tariff-related uncertainties pose risks. Technical indicators suggest a neutral to positive outlook, contributing to a balanced overall score.

To see Spark’s full report on MTW stock, click here.

More about Manitowoc Company

The Manitowoc Company, Inc., founded in 1902, is a leading global manufacturer of engineered lifting solutions that designs, manufactures, markets, and supports mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, Shuttlelift, and Upfits by Aspen Equipment brands, serving customers worldwide with high-quality, customer-focused products and support services.

Average Trading Volume: 245,526

Technical Sentiment Signal: Buy

Current Market Cap: $479.6M

Learn more about MTW stock on TipRanks’ Stock Analysis page.

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