Alamo Group (ALG) disclosed on August 7 that Edward T. Rizzuti, Executive Vice President and Head of Corporate Development, plans to retire on September 11, 2026. The company stated his retirement is not related to any disagreement over operations, financial reporting, or accounting practices. On August 10, the company signed a consulting agreement with him running from September 14 through December 31, 2026, under which he will advise on corporate development matters including acquisitions and divestitures. He will be paid $20,000 per month (pro-rated for September) plus reimbursement of reasonable expenses.
View Full Filing (SEC EDGAR)