Link-Belt Cranes president/CEO Melvin Porter has been named VP of Link-Belt’s parent company, Sumitomo Heavy Industries (SHI), of Tokyo, Japan. Porter is currently the only officer from a United States subsidiary of SHI to carry this distinction.
“Being named to the executive team at SHI says more about our company and our product then it does about me,” Porter said in a prepared statement. “I’m extremely honored to hold this position and look forward to the continued development of not just our mobile crane strategy, but the complete umbrella of offerings provided by Sumitomo Heavy Industries, Ltd.”
Porter is a 23-year Link-Belt Cranes veteran, joining the Company in 1999 as Manager, Financial Planning and Taxes. He served as CFO and Vice President of Finance from 2004 to 2017, before being promoted to President and CEO in May 2017.
Founded in 1888, SHI took sole proprietorship of Lexington, Kentucky-based Link-Belt Cranes and to date, has five main subsidiaries in the United States that represent plastics, construction equipment, cryogenics and power transmission components. In 2010, it acquired full ownership of LBX Co., manufacturers of Link-Belt excavators.
LBX promotes Reynolds
LBX named Mike Reynolds VP/CFO.
“Mike’s broad finance and operations background in various industries, his leadership competencies, and his proven track record and accomplishments within LBX make him well suited for the job,” said Eric Sauvage, president/CEO of LBX, in a statement.
Reynolds joined LBX in 2013 as the corporate controller. In 2017, he became human resources director and was promoted in 2020 to senior director operations & administration. Reynolds has held several key management roles in his career.