SEGUIN,
Texas, June 10, 2024 /PRNewswire/ -- Alamo Group
Inc. (NYSE: ALG) today announced that Michael A. Haberman, Executive Vice President of
the Industrial Equipment Division, will retire from his current
role on August 6, 2024. Upon Mr.
Haberman's retirement, Kevin Thomas
will succeed Mr. Haberman as Executive Vice President of the
Industrial Equipment Division. Mr. Thomas has been with the Company
since February 2022 when he joined as
Vice President of the Excavator and Vacuum Truck Group. Prior to
joining the Company, Mr. Thomas was with Navistar International
since 1999, with his most recent role being as President of
Navistar Defense LLC since 2015.
Chief Executive Officer and President, Jeffery A. Leonard, commented on the above
changes as follows, "Mike has been a valuable part of the executive
team for several years, as well as a great leader in several
previous capacities during his long and highly successful tenure
within the Company. His proactive approach to leadership has helped
position the Industrial Equipment Division for continued growth. He
will be missed. We are excited for Kevin
Thomas to step into the Executive Vice President role
leading the Industrial Equipment Division. I am confident Kevin
will be successful in this expanded role and I look forward to
working with him in this new context."
About Alamo Group
Alamo Group is a leader in the design, manufacture, distribution
and service of high quality equipment for infrastructure
maintenance, agriculture and other applications. Our products
include truck and tractor mounted mowing and other vegetation
maintenance equipment, street sweepers, snow removal equipment,
excavators, vacuum trucks, other industrial equipment, agricultural
implements, forestry equipment and related after-market parts and
services. The Company, founded in 1969, has approximately 4,350
employees and operates 29 plants in North
America, Europe,
Australia and Brazil as of March 31,
2024. The corporate offices of Alamo Group Inc. are located
in Seguin, Texas.
Forward Looking Statements
This release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause the Company's actual results in future periods to differ
materially from forecasted results. Among those factors which could
cause actual results to differ materially are the following:
adverse economic conditions which could lead to a reduction in
overall market demand, supply chain disruptions, labor constraints,
increasing costs due to inflation, disease outbreaks, geopolitical
risks, including effects of the war in the Ukraine and the Middle East, competition, weather,
seasonality, currency-related issues, and other risk factors listed
from time to time in the Company's SEC reports. The Company does
not undertake any obligation to update the information contained
herein, which speaks only as of this date.
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SOURCE Alamo Group Inc.