Ault Alliance, Inc., a diversified holding company, announced its indirect subsidiary, Circle 8 Newco, LLC, a crane rental and lifting solutions provider (Circle 8), has appointed Arnold Mabee as its new CEO. With over 30 years of operational and senior management experience, Mabee is a veteran in the crane services industry. He previously served as President of Sterling Crane (USA), where he doubled the company’s revenue during his tenure.

In his new role, Mabee is expected to drive Circle 8 towards new heights and expand its fleet and personnel. Mabee’s passion for operational excellence positions him well to capitalize on the enormous opportunities in front of Circle 8. With multiple locations throughout the South-Central region of the U.S., Circle 8 offers a broad range of lifting solutions and services for oilfield, construction, commercial, and infrastructure markets, with an industry-leading safety record.

“Circle 8 is a great company with enormous potential, and I am excited to join the team and drive the business forward to its full potential,” said Mabee.

Phillip Bryson, President of Circle 8, expressed his excitement at the appointment. Bryson said Mabee’s wealth of experience and network will help drive the business forward. Chris Wu, Executive Vice President of Ault Alliance and member of the Circle 8 Board of Directors, said Mabee’s appointment is a testament to Circle 8’s strength and the opportunity to build a world-class lifting services business.