Alamo Group Announces Prospective Change in Segment Reporting

Alamo Group Inc. announced the following segment reporting change and executive leadership appointments:Realignment of the Agricultural Division and Industrial Division into the Vegetation Management Division and Industrial Equipment Division, to take effect at the beginning of the 4th auarter of 2021Appointment of Rick Raborn as the executive vice president of the Vegetation Management DivisionAppointment of Michael Haberman as the executive vice president of the Industrial Equipment DivisionDan Malone will transition from his position as the company's executive vice president and chief financial officer into the newly created executive vice president and chief sustainability officer roleAppointment of Richard Wehrle as executive vice president and chief financial officerBeginning with the 4th quarter of 2021, Alamo Group will report business results in two new segments, namely, the Vegetation Management Division and the Industrial Equipment Division....

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