leadership
confidence high
sentiment neutral
materiality 0.65
Alamo Group CFO Richard Wehrle to retire; Agnes Kamps named successor
ALAMO GROUP INC
- Richard J. Wehrle to retire as EVP, CFO and Treasurer on May 3, 2024, after 35 years.
- Agnes Kamps appointed EVP and Treasurer effective March 6; will become CFO upon Wehrle's retirement.
- Kamps previously CFO of Americas Styrenics and held finance roles at Siemens and United Technologies.
- Kamps receives $450K base salary, $50K sign-on bonus (repayable if leave <1 year), and 1,400 restricted stock awards.
- Eligible for Executive Incentive Plan at 60% target level and standard change-in-control agreement.