January 23, 2024
CLARK Material Handling Company Announces Leadership Appointments
Lexington, KY- January 23, 2024 – CLARK Material Handling company, a top-ten manufacturer of forklifts and spare parts, today announces plans for upcoming leadership appointments in the North American company. 2023 was a record sales and revenue year for CLARK Material Handling since the purchase of the company by the Young An company in 2003.
Dennis Lawrence, President and CEO of CLARK commented on the business’s success, “Our team has worked tirelessly for the past 20 years to rebuild a brand that we can all be proud of. We have endured many challenges with the downturn in the market between 2009 to 2011 and COVID-19 in 2020. Through it all, we have been successful in building a strong team with dedicated employees, dealers, and customers.”
Additionally, Mr. S.S. Baik, Chairman of CLARK Material Handling Board remarked, “We had a vision for this business when we acquired the company, and we could not be more pleased with its growth. As we look to the future, we are now making plans to welcome the third generation of the family into this business. They will begin to shape the vison of the business for future generations.”
To prepare for this growth, Mr. Dennis Lawrence, President and C.E.O. of CLARK Material Handling Company, has been appointed to the Board of Directors for CLARK Material Handling and will step down as President and C.E.O. on July 1, 2024. He has made strong contributions as a key figure to YoungAn and the Baik Family for over 40 years. In this new role, he will work with the owners on various new strategic projects within the business. Mr. S.S. Baik commented, “We are excited to have Dennis as part of this new team and look forward to growing the business together.”
With the above changes, CLARK Material Handling Company is pleased to announce the appointment of Mr. Michael (Mike) Binnie as C.E.O. effective July 1, 2024.
Mr. Binnie is currently serving as C.O.O. of CLARK Material Handling and comes to CLARK with decades of experience leading dynamic teams. Mr. S.S. Baik commented, “Mr. Binnie brings a wealth of business experience to the team, and we are looking forward to the continued growth of the brand.” Mr. Lawrence commented, “Mr. Binnie has proven his business acumen and leadership strength as C.O.O. of CLARK. As the business continues to grow, we have full confidence in Mr. Binnie’s ability to build on the success of the company.”
CLARK Material Handling Company thanks Mr. Lawrence for his dedicated contributions over the past 20 years and looks forward to continued growth with Mr. Binnie in his new role.
About CLARK Material Handling Company
CLARK Material Handling Company has been an industry leader since its production of the first gasoline powered material handling truck in 1917. CLARK has over 550 locations worldwide with dealer representation in more than 80 countries. A full range of I.C. and Electric trucks for diverse applications are available in the CLARK product line. For more information about CLARK, CLARK products and job opportunities at CLARK, please visit: www.clarkmhc.com
