Tim Frank has resigned as chairman and CEO of Sany America Inc., effective Friday, Oct. 11.
“Sany has great potential in the North American market,” Frank said in a prepared statement. “I enjoyed my time getting to know the Sany people and culture. I am proud that together we achieved record sales and profit in the U.S. during my time with the company. However, the time came for me to move on.
“My experience is that the Chinese product is well made, reliable and affordable,” Frank said. “I continue to encourage people to give it a try. With proper support, it’s an excellent value.”
Sany America is a subsidiary of Sany Heavy Industry Co. Ltd. Prior to coming to Sany America, Frank held executive and management posts at Volvo Construction Equipment, CNH Global and Caterpillar.