Frank Bardonaro leaves Terex Cranes for new job in USA
Frank Bardonaro has resigned his position at Terex Cranes to assume a job with a crane company in the United States. Bardonaro joined Terex Cranes in September 2010 as vice president and managing director in the Americas. He was later promoted to vice president and managing director of Terex Cranes global sales, living and working in Europe. He had previously been president of AmQuip Crane Rental Company, based in Bensalem, PA, USA.
American Cranes & Transport Editor D.Ann Shiffler spoke with Bardonaro about his resignation. Bardonaro could not yet say the position he was taking or with which company in the United States, only that the information would be forthcoming in the coming weeks.
“I’ve been with Terex for two years, the past year living in Europe and travelling around the world,” he said. “I have had the opportunity to get back into the crane rental business, and it’s something that is very exciting for me and my family.”
Bardonaro said that after leaving AmQuip he had some restrictive covenants, but they have expired, allowing him to take the new position. He said he will leave Terex on “very, very very good terms.”
“It’s been a great company to work for and I think the world of Terex and its people,” he says. “I’ve gained a lot of respect for global manufacturers and having spent this time learning this side of the business, but I think it’s time for me to get back into the crane rental business in North America.”
Bardonaro said that he thinks his 30 years experience in the crane rental business, plus his two years working for Terex and learning the ins and outs of the global crane rental business, will bode well for his new position.
“This gives me the opportunity to do what I do best, which is operating and maintaining a safe crane rental business of all types of cranes in North America,” he says. “I feel like the economy is ready to take off in North America. I feel like I’ve put Terex global sales in a good position. It was a tough decision but it feels like it’s the right time.”
He said he has missed being a part of the North American crane rental business and he is looking forward to working with his friends in the industry.
A source with Terex Cranes said the separation was amicable and the company anticipates continuing a strong relationship with him as a Terex customer.