Pangborn Group Appoints New President and CEO

Pangborn Group appoints Henrik Jensen President and CEO

Capital Equipment Resources LLC, which conducts business as the Pangborn Group, has appointed Henrik Jensen its new President and Chief Executive Officer.

Jensen joins the Pangborn Group after a distinguished career with Sauer-Danfoss, where he served as Managing Director, Executive Vice President and President of the Work Function Division. In this capacity, Jensen led an international team of more than 3,000 employees serving the mobile equipment market with advanced systems for the distribution and control of power.

Andrew M. Bursky, Chairman of Capital Equipment Resources, says everyone at the Pangborn Group is excited Jensen is joining the team. “Henrik has a successful track record leading high-performance global management teams,” he says, “and his background in the industries the Pangborn Group serves will be a huge benefit as we broaden our products and services offerings across the globe. Henrik’s contagious enthusiasm, deep integrity and proven effectiveness are invaluable assets as he takes the helm of our strong management team. We look forward to working with Henrik over the coming months and years.”

View press release coverage in Metal Finishing News,  January 2011