AEM’s Dennis Slater retiring, Megan Tanel to succeed as president

The Association of Equipment Manufacturers (AEM) has announced that current President Dennis Slater (left) will retire at the end of this year and will be succeeded by Megan Tanel, who currently serves as senior vice president of the association’s Construction & Utility Sector.

The Association of Equipment Manufacturers (AEM) today announced that Dennis J. Slater will retire as AEM president, effective Dec. 31. The AEM Board of Directors has selected Megan Tanel, AEM’s senior vice president, Construction & Utility Sector, to succeed Slater and serve as AEM president effective Jan. 1, 2022.

Slater, 63, joined AEM’s predecessor the Construction Industry Manufacturers Association (CIMA) in 1982, becoming president of CIMA in 1998 and president of the newly formed AEM in 2002, after a merger between CIMA and Equipment Manufacturers Institute (EMI). Slater led the transformation of the association, which has grown by 50% to more than 1000 member companies, with revenue increasing nearly 700% to $60 million annually.

“Through Dennis’ leadership and impressive contributions to the industry for nearly 40 years, AEM has built tremendous value and momentum for our members and the industry,” said Steve W. Berglund, 2021 AEM Chair and Trimble, Inc. executive chairman. “He has been an outstanding leader of the equipment manufacturing industry and, on behalf of the AEM Board Directors, I thank him for his steadfast leadership and vision in support of the association’s 1000 member companies.”

Tanel, 48, joined AEM in 1995 as an intern, becoming a full-time employee later that year. She quickly grew in leadership to her most recent position of senior vice president, Construction & Utility Sector. For many years Tanel led AEM’s exhibitions and events initiatives and helped launch World of Asphalt in 2001, served as Show Director for The Utility Expo (formerly ICUEE) and ConExpo-Con/Ag, North America’s largest construction trade show. She and the team she developed grew AEM trade show revenue by 80% over 12 years, worked internationally to establish strategic relationships with global partners in support of AEM services, and led the effort to extend key contracts for AEM shows.

“Megan has successfully led key initiatives and been a major driver in building relationships across our industry throughout her 20+ year tenure at AEM,” said Slater. “With the support of the AEM Senior Team and our membership, I’m confident she will provide the leadership needed to continue AEM’s success in the future.”

“I am honored to have the confidence of the AEM Board and I’m thankful for Dennis and what he has done for our association and the industry,” said Tanel. “Our association is healthy financially, our industry is relevant and critical to our global economy, and we have the strong support of our members. Now is the time to continue to build on our momentum, and with our strong team in place, I know we will do just that.”