Pangborn names new president

Capital Equipment Resources, which conducts business as the Pangborn Group, appointed Henrik Jensen its new president and chief executive officer.

Jensen joins the Pangborn Group after serving as managing director, executive vice president and president of the Work Function Division at Sauer-Danfoss. He 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.

The Pangborn Group is an affiliate of Atlas Holdings, an industrial holding company headquareterd in Greenwich, Connecticut. For more information on Atlas, visit