Rod Schrader has been appointed as the new CEO and Vice Chairman of Komatsu America, effective April 1st, 2012. Mr. Schrader, a 25-year veteran of Komatsu America, will replace Dave Grzelak who will remain Chairman of Komatsu America until the end of June 2013.

“Rod has been an priceless member of the Komatsu team for the past 25 years and has consistently delivered excellent results both in sales and customer satisfaction,” said Grzelak.

Prior to being named CEO, Mr. Schrader was Executive Vice President and General Manager of the Mining Division, Komatsu America. He began his career with the company in 1987 and held positions in varied areas within Komatsu including Product Manager; Manager, Large Equipment Sales; Director, Marketing; VP, Product Marketing; and President, Komatsu Utility Corp. Mr. Schrader was appointed as a Komatsu America Corp. Board Member in July 2010.

Mr. Schrader received his undergraduate degree in civil engineering from Rose Hulman Institute of Technology and holds an MBA from Keller Graduate School of Management. He also serves as a Board Member for Junior Achievement of Central Illinois.

Mr. Grzelak served as Chairman, CEO, or President of Komatsu America for 15 years. He began his career with the company in 1990.