LiuGong Machinery has appointed Huang Haibo as its new president.
Haibo has replaced Yu Chuanfen, who will assume the role of vice president of both LiuGong Machinery and its parent company, LiuGong Group.
Since joining LiuGong 25 years ago, Haibo has progressed through the ranks having held a series of technical and leadership positions.
A statement released by the Chinese machinery manufacturer said: “We are delighted that [Haibo] will be leading us into a new era at LiuGong as we continue to shape the future of [the construction equipment] industry.
“[Chuanfen] successfully steered the company through challenging times and market transitions, and LiuGong is grateful for his innumerable contributions and his distinguished tenure as the president over the last three years,” the statement added.
In his new role, Haibo will assume responsibility for the company’s strategy implementation and operations.