Titan Machinery elects new board member

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WEST FARGO, ND, December 16, 2021 (GLOBE NEWSWIRE) – Titan Machinery Inc. (NASDAQ: TITN) today announced that it has elected Frank A. Anglin III to its board of directors. Mr. Anglin’s term on the Board of Directors will begin on February 1, 2022. With the election of Mr. Anglin, the Board will be composed of eight directors, including seven independent directors.

“We are delighted that Frank has accepted the invitation to join our Board of Directors,” said David Meyer, Chairman and CEO of Titan Machinery. “Frank has had a distinguished commercial career in the equipment and truck distribution industries. He has a proven track record of leadership in dealer distribution networks, sales and marketing, finance, and domestic and international operations. We believe that Titan Machinery and our Board of Directors will benefit from its valuable and unique business experience. “

Mr. Anglin began his career working for General Electric, holding various management positions during his 10-year tenure. Following his career with GE, Mr. Anglin accepted employment with CNH Industrial from 1996 to 2006, occupying the following positions: Senior Vice President, CNH Capital; Managing Director, CNH Australia Ltd. ; and Vice President, Agricultural Affairs, Case IH, North America. In 2006, Mr. Anglin accepted the role of CEO, Chairman and Director of the Board of Western Peterbilt, Inc./Western Truck Centers, overseeing a 22-location truck dealership business in the Pacific Northwest. He held this position for approximately 10 years until 2016. Mr. Anglin was subsequently hired as CEO, President and Director of Midwest Can & Container Specialties Inc., holding this position until 2018. By Mr. Anglin subsequently accepted the post of chef. CEO, President and Director of Boyer Trucks, whose operations consisted of a truck dealership of 7 stores representing several brands. Currently, Mr. Anglin is Vice President, Western and Southern Regions, for Istate Truck Centers, overseeing 7 truck dealer locations.

Mr. Anglin received a Bachelor of Arts in Economics from Northwestern University (1984) and an MBA from Harvard University (1989).

About Titan Machinery Inc.

Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full-service agriculture and construction equipment dealers throughout North America and Europe. The network consists of U.S. locations in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming and its European stores are located in Bulgaria, Germany, Romania and Ukraine. The Titan Machinery sites represent one or more of CNH Industrial’s brands, including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Industrial Capital. Additional information on Titan Machinery Inc. is available at www.titanmachinery.com.

Investor Relations Contact:

ICR, Inc.
Jeff Sonnek, [email protected]
646-277-1263


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