StockWatch
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Industrial Machinery/Components
Management ChangeAug 11, 2026, 04:28 PM

Alamo Group EVP Edward Rizzuti to Retire, Enters Consulting Agreement

AI Summary

Alamo Group Inc. announced that Edward T. Rizzuti, Executive Vice President and Head of Corporate Development, will retire from the company on September 11, 2026. His retirement is not due to any disagreement with the company's operations or financial practices. Following his retirement, Mr. Rizzuti will enter into a consulting agreement with Alamo Group from September 14, 2026, until December 31, 2026, for which he will receive $20,000.00 per month to advise on corporate development initiatives.

Key Highlights

  • Edward T. Rizzuti, EVP and Head of Corporate Development, will retire.
  • Mr. Rizzuti's retirement is effective September 11, 2026.
  • He will enter a consulting agreement starting September 14, 2026.
  • The consulting agreement is scheduled to expire on December 31, 2026.
  • Consulting compensation is $20,000.00 per month, plus expenses.