A designer and manufacturer of intelligent motion and lifting equipment for material handling. Its hoists, cranes, chains, and conveyors move heavy loads through factories, energy sites, and transportation hubs, sold under brands like Kito, Crosby, and STAHL to industrial distributors and crane builders. The company's roots reach back to 1875, when a Chicago predecessor made sliding doors for railroad freight cars before turning to hoists, and its name comes from a late-1920s merger of Ohio's Columbus Chain Company with hoist maker Chisholm-Moore. Its classic hoists carry starry names like the Comet and the Lodestar.
Columbus McKinnon shareholders approve LTIP amendment and elect 12 directors at 2026 annual meeting
At the August 14, 2026 annual meeting, shareholders approved an amendment to the Second Amended and Restated 2016 Long Term Incentive Plan, previously approved by the board on June 1, 2026.
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All 12 director nominees were elected, each for a one-year term, with votes for each ranging from 38.8 million to 40.3 million.
The advisory vote on executive compensation passed with 39,528,851 votes for, 666,321 against, and 199,883 abstentions.
Shareholders ratified Ernst & Young LLP as the independent auditor for fiscal year 2027 with 44,464,798 votes for.
The LTIP amendment was approved with 39,580,597 votes for, 691,129 against, and 123,329 abstentions.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Columbus McKinnon CFO John R. Linker becomes principal financial officer effective July 31, 2026
Thomas Oddo, Vice President and Corporate Controller, continues as principal accounting officer; principal financial officer responsibility transferred from Oddo to Linker.
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John R. Linker, age 51, was appointed Executive Vice President and Chief Financial Officer effective July 1, 2026.
Following the filing of the Form 10-Q for the quarter ended June 30, 2026, Linker began serving as principal financial officer on July 31, 2026.
No arrangements or related party transactions were reported in connection with Linker's appointment.
No changes to Linker's compensation were made; he remains eligible for standard executive benefits and perquisites.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Columbus McKinnon appoints John R. Linker as CFO, succeeding Gregory P. Rustowicz
Gregory P. Rustowicz was separated as EVP of Finance and CFO effective July 1, 2026, with severance under his 2011 Change in Control Agreement.
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John R. Linker, age 51, appointed EVP and CFO effective July 1, 2026; he will become principal financial officer after the Q1 FY2027 10-Q filing.
Linker's compensation includes $600,000 base salary, 70% target bonus, 165% LTIP target, and a special cash-settled synergy award vesting in fiscal 2029.
Thomas Oddo, current VP and Corporate Controller, appointed Chief Accounting Officer and interim principal financial officer effective July 1, 2026.
The company reaffirmed its fiscal year 2027 guidance as previously announced on June 4, 2026.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Columbus McKinnon files audited 2024-2025 financials for acquired Kito Crosby unit
Columbus McKinnon completed its acquisition of Kito Crosby Limited on February 3, 2026, under a Stock Purchase Agreement dated February 10, 2025.
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The 8-K includes Kito Crosby's audited consolidated financial statements for the years ended December 31, 2025 and 2024, with Deloitte & Touche LLP's report dated May 8, 2026.
Kito Crosby reported net sales of $1,143.9 million in 2025 and $1,101.1 million in 2024, with net income of $15.6 million and $18.5 million, respectively.
As of December 31, 2025, Kito Crosby had total assets of $1,516.4 million and total liabilities of $1,337.0 million.
The filing cautions that the historical financials do not reflect purchase price accounting or other adjustments from the acquisition.
The report was filed under Item 8.01 (Other Events) to provide the required historical financial statements of the acquired business.
8.01 Other Events · 9.01 Financial Statements and Exhibits