ASV Inc. announced that Chairman and CEO Gary Lemke will retire June 2.
Assuming the positions of Chairman and CEO will be Richard A. Benson, a 35-year veteran with Caterpillar who retired in 2005 as president of Caterpillar Global Mining. Benson has been a director of ASV since 1999.
Benson, 62, holds a Ph.D. in economics and has served in a number of positions with Caterpillar, including chief economist for Europe, Africa and the
Benson and Lemke jointly crafted the initial strategic alliance between Caterpillar and ASV in 1998.
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