Bristol, Pa.-based Modern Group, a leading U.S. distributor of industrial lift trucks and construction equipment, last week announced the addition of Steve Seminack to the executive management team as vice president/chief financial officer, effective immediately.
Most recently, Seminack was the CFO of Databank IMX, a national document management company. He had previously held senior financial positions at Aramark.
Seminack will report directly to Dave Griffith, Modern Group president and CEO, and will assume the duties currently held by George Wilkinson, who is retiring.
“We are thrilled to have Steve join our company,” said Griffith. “We conducted a national search to find a financial talent at the highest level and we are fortunate to have attracted Steve to our company. He joins one of the strongest management teams in the distribution industry.”
Seminack will work alongside Wilkinson, Modern’s former CFO, for the next few months effecting a smooth transition. Wilkinson will retire at the end of December after a long and distinguished career with Modern and will remain on the company’s board.
Founded in 1946, Modern Group ranks among the largest independent companies in the industry, representing more than 400 product lines. Its five companies provide sales, leasing, short-term rental, service, parts, training and financing solutions. The company’s rental division, Modern Equipment, is No. 41 on the RER 100.
