Titan Machinery Elects New Board Member

Jan 25, 2024

Titan Machinery Inc. announced Thursday, Jan. 18, 2024, that it has elected Richard E. Lewis to its Board of Directors. Lewis' term on the Board of Directors will begin Feb. 1, 2024. With the election of Lewis, the Board will consist of nine directors, including seven independent directors.

Lewis currently serves as director and the principal executive of Iron Capital Group, a company founded by Lewis in 2015. Iron Capital Group offers equipment leasing solutions to earthmoving and mining customers in Australian and North America. From 2009 to 2015, Lewis was a director and self-employed finance broker for Tracfin Pty Ltd, which provided equipment finance solutions to the mining, earthmoving, and agricultural segments of the Australian market. While working for Tracfin, Lewis also served as the Executive Director of the Tractor and Machinery Association of Australia, providing strategic consulting services to the organization. From 2003 to 2009, Lewis was employed by William Adams Pty Ltd (a Caterpillar dealer located in Victoria and Tasmania, Australia), where he held business and sales positions. From 2002-2003, Lewis held the position of Regional Manager Asia Pacific for Caterpillar Redistribution Services Inc. (a subsidiary of Caterpillar Inc.), responsible for the redistribution of used and new Caterpillar machinery throughout the Caterpillar dealer network. From 1993 through 2001, Lewis worked in the Australian equipment finance industry, including employment with Caterpillar Financial Australia and CNH Capital.

Lewis has served as a director of the Australian Tractor and Machinery Association (2002-2008), holding the position of chairperson for his final two years. In 2011, Lewis became a director of O'Connor & Sons Pty. Ltd. and was serving as Board Chair at the time of Titan's acquisition of the O'Connors' business in Oct. 2023.

Source : Farm Equipment
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