Management

Ronald Schad has served as President and Chief Executive Officer of Essex since 2000. Prior to joining Essex, Mr. Schad spent over 15 years with Manitowoc Crane Group and was most recently its Executive Vice President and General Manager, where he was responsible for over $350 million in sales. Prior to that position, Mr. Schad held various service and sales related positions with Manitowoc. Mr. Schad also held engineering and management positions with responsibility for nuclear device handling cranes at Reynolds Electrical and Engineering Co., the prime contractor for the Nevada Nuclear Test Site. Mr. Schad graduated from the University of Wisconsin-Madison with a BS in Engineering.

Martin Kroll joined Essex in May 2001 as Senior Vice President and Chief Financial Officer. Prior to joining Essex, Marty Kroll worked for Outokumpu Group, a multi-billion dollar copper fabrication manufacturing business headquartered in Finland. Mr. Kroll was President and Chief Financial Officer of Outokumpu's $600 million U.S. holding company and Director of Business Development of Outokumpu's international operations. Prior to working at Outokumpu Mr. Kroll served as Director of Finance at American Brass, a privately held $300 million company in the copper and brass metal fabrication business acquired in a $300 million leveraged buyout. Prior to working at American Brass Mr. Kroll spent eight years with PricewaterhouseCoopers LLP and is a certified public account. Mr. Kroll received a BBA in Accounting and Finance from Niagara University and graduated from the Mahler School of Management.

William O'Rourke joined Essex in March 2001 as Vice President Sales and Customer Account Management. Mr. O'Rourke spent over 23 years with the Manitowoc Company most recently as Executive Vice President of North Central Crane & Excavator Sales Corp a company owned distributor representing Manitowoc crawler cranes and as General Manager of Manitowoc Remanufacturing Inc, a Manitowoc crawler crane remanufacturing facility in Bauxite, AR. In addition Mr. O'Rourke held positions as General Manager of Manitex, Inc a manufacturer of offshore marine cranes and truck mounted boom cranes in Georgetown, TX.

Bill Erwin joined Essex in March 2003 as Vice President of Customer Support and Operations. Prior to joining Essex, Mr. Erwin spent over 18 years with Maxim Crane Works, LP; formerly Carlisle Crane, and was most recently Senior Vice President for the Florida Region. Prior to that position, Mr. Erwin held the position of Director of Operations for Carlisle's northern Kentucky operations. Prior to working at Carlisle Crane, Mr. Erwin worked in sales and operations positions for Crane and Shovel, an exclusive Manitowoc dealer, eventually becoming President. Mr. Erwin graduated Michigan State University with a BS degree in Engineering and was recruited out of college by Manitowoc Engineering.