Highest-materiality recent filing
Alamo Group appoints Greg Lucas as VP, Corporate Controller and Chief Accounting Officer
Greg Lucas, 50, will become VP, Corporate Controller and CAO on or before August 10, 2026.
Alamo Group enters $602.5M credit agreement with $202.5M term loan and $400M revolver
Total commitments: $602.5M, comprising $202.5M term loan and $400M revolving facility maturing May 27, 2031.
Alamo Group EVP Richard Raborn to retire; receives $536K separation pay
Richard Raborn, Executive Vice President of Vegetation Management Division, retiring effective May 29, 2026.
Alamo Group Q1 net income down 8% to $29.2M; adjusted EPS $2.56 vs $2.70
Net sales $417.1M (+6.7% YoY); Industrial Div. $241.7M (+6.5%), Vegetation Mgmt Div. $175.4M (+7.0%).
Alamo Group stockholders re-elect all nine directors, approve say-on-pay and KPMG auditor
All nine director nominees elected with 11.0M to 11.2M votes for each; broker non-votes of 384,350.
Alamo Group Q4 2025 EPS $1.28 ($1.70 adj); sales down 3% YoY; dividend raised 13.3%
Q4 net sales $373.7M (-3.0% YoY); adjusted EBITDA $44.8M (12.0% margin) vs $51.8M (13.4%) prior year.
Alamo Group completes acquisition of Petersen Industries for ~$166.5M
Acquired 100% of Petersen Industries for approx $166.5M cash-free, debt-free, subject to closing adjustments.
Alamo Group to acquire Petersen Industries for $166.5M, expanding industrial equipment line
Purchase price of $166.5M (~$150M tax-adjusted); represents ~7.9x EBITDA before synergies.
Alamo Group adopts deferred comp plan, replaces SERP for key officers
Plan effective Jan 1, 2026; discretionary contributions up to 6% of base salary and bonus.
Alamo Group Q3 2025: revenue up 4.7% to $420M; adjusted EPS down to $2.34 from $2.38
Net sales $420.0M (+4.7% YoY); Industrial Equipment up 17%, Vegetation Management down 9%.
Alamo Group appoints Robert P. Hureau as President and CEO effective Sept 2, 2025
Robert P. Hureau appointed President and CEO, effective Sept 2, 2025; succeeds retiring Jeffery A. Leonard.
Alamo Group Q2 EPS $2.57, up 9.8%; Industrial sales +17.6% YoY; backlog $687M
Net sales $419.1M, +0.7% YoY; net income $31.1M, +9.8%; diluted EPS $2.57 vs $2.35.
Alamo Group shareholders approve all proposals at annual meeting, including director re-elections
All eight director nominees (Bauer, Etchart, Grooms, Haley, Householder, Jokinen, Parod, Tekorius) elected with 95-99% 'for' votes.
Alamo Group Q1 net sales down 8.1% to $391.0M; EPS $2.64; backlog up 5.1% from year-end
Industrial Equipment segment sales rose 12.5% YoY to $227.1M; Vegetation Management fell 26.8% to $163.9M.
Alamo Group Q4 rev down 7.7% to $385.3M, EPS $2.33; raises dividend 15%
Q4 net sales $385.3M (-7.7% YoY). Industrial Equipment +11%, Vegetation Management -25.5%.
Alamo Group CEO Jeff Leonard to retire by mid-2025; board expects successor within months
Jeffery A. Leonard informed Board on Dec 20, 2024 of his intent to retire as President and CEO.
Alamo Group expands board to nine, appoints Colleen Haley as independent director
Board increased to nine members; Colleen Haley elected as new independent director effective Dec. 4, 2024.
Alamo Group CAO Ian Eckert resigning effective Jan 3, 2025; CFO Kamps interim PAO
Ian Eckert, VP, Corporate Controller and CAO, resigning no later than Jan 3, 2025 to pursue another opportunity.
Alamo Group Q3 net income $27.4M, EPS $2.28; launches $50M buyback and cost cuts
Q3 net sales $401.3M (-4.4% YoY); net income $27.4M, diluted EPS $2.28 vs $2.91 prior year.
Alamo Group accelerates vesting for retiring EVP Haberman; appoints Kevin Thomas as successor
Board accelerated vesting of 2,529 restricted shares for retiring EVP Michael Haberman, effective Aug 6, 2024.
Alamo Group Q2 net sales $416.3M (-5.5% YoY); EPS $2.35 vs $3.03; Vegetation Mgmt down 19%
Net sales $416.3M, down 5.5% YoY; Industrial Equipment up 14.2% to $204.8M, Vegetation Management down 19.1% to $211.5M.
Alamo Group EVP of Industrial Equipment Division retiring; successor named
Michael A. Haberman to retire as EVP of Industrial Equipment Division on August 6, 2024.
Alamo Group ends strike at Gradall with new five-year labor agreement
Strike by ~200 unionized workers at Gradall Industries (New Philadelphia, OH) began April 14, ended May 20, 2024.
Alamo Group accelerates equity vesting for retiring CFO; signs consulting deal
Board accelerated vesting of 1,821 restricted shares for retiring CFO Richard Wehrle.
Alamo Group names Ian Eckert as Chief Accounting Officer effective Dec 5, 2023
Ian Eckert appointed VP, Corporate Controller & CAO, effective Dec 5, 2023.
Record Q1 net sales $425.6M (+3.4% YoY); EPS $2.67 vs $2.79 prior year.
Alamo Group reports strike at Gradall Industries; ~200 union workers walk out
Strike began April 14, 2024 at Gradall Industries in New Philadelphia, Ohio.
Alamo Group CFO Richard Wehrle to retire; Agnes Kamps named successor
Richard J. Wehrle to retire as EVP, CFO and Treasurer on May 3, 2024, after 35 years.
Alamo Group reports record Q4 and full-year 2023; EPS up 33% YoY
Q4 net sales $417.5M (+8% YoY); net income $31.5M ($2.63 EPS), +8%.
Alamo Group announces board retirement, new chair, and director appointment
Roderick R. Baty to retire from Board effective April 30, 2024; not due to any disagreement.
Alamo Group Q3 2023 record sales $419.6M (+13.8%); EPS $2.91 (+35.2%); acquires Royal Truck
Net sales $419.6M (+13.8% YoY); Vegetation Management $246.9M (+8.0%), Industrial Equipment $172.7M (+23.1%).
Alamo Group Q2 2023: Record sales $440.7M, EPS $3.03, up 27% YoY
Net sales $440.7M, up 11.2% YoY; net income $36.4M ($3.03 diluted EPS), up 26.8%.
Alamo Group boosts executive change-in-control severance to 2x; annual meeting votes ratified
Severance multiplier for executives Wehrle, Malone, Rizzuti increased from 1.5x to 2x base salary plus target bonus.
Alamo Group Q1 2023: record sales $411.8M (+13.7% YoY), EPS $2.79 (+80.6% YoY)
Net sales $411.8M (+13.7% YoY); net income $33.3M ($2.79 diluted EPS, +80.6%).
Alamo Group reports record Q4 and FY 2022 results; EPS up 52% in Q4
Q4 net sales $386.6M (+15% YoY); net income $29.2M ($2.44 diluted EPS), up 52%.
Alamo Group amends bylaws; updates shareholder meeting rules and adds emergency provisions
Bylaw amendments include updated shareholder meeting procedures and new requirements for director nominations and proposals.
Alamo Group Q3 2022 net sales $368.8M (+9% YoY), EPS $2.16 (+47% YoY), both records
Net sales $368.8M, up 9.0% YoY; net income $25.8M ($2.16 diluted EPS), up 46.9%.
Alamo Group enters $655M credit facility, borrows $255M term loan
New credit facility: $255M term loan and $400M revolver, expiring October 2027.
Alamo Group reports record Q2 2022 sales of $396.2M, EPS $2.39, up 9.4% YoY
Net sales $396.2M, up 14.0% YoY; net income $28.5M ($2.39 diluted EPS) vs $26.0M ($2.19) in Q2 2021.
Alamo Group posts recast quarterly segment data for 2021 reflecting new reporting structure
Vegetation Management segment: Q1 sales $183.9M (op inc $16.8M) to Q4 sales $204.3M (op inc $18.1M).
Alamo Group shareholders elect nine directors, approve say-on-pay and ratify KPMG as auditor
Elected nine directors (Baty, Bauer, Etchart, Grooms, Jokinen, Leonard, Parod, Robinson, Tekorius) with 10.8M-11.0M votes for each.
Alamo Group reports record Q1 sales $362M, EPS $1.55; backlog doubles to $918M
Q1 net sales $362.0M (+16.3% YoY); net income $18.5M ($1.55 diluted EPS) vs $17.5M ($1.47) prior year.
Alamo Group reports record Q1 sales $362M, EPS $1.55; backlog up 102.8%
Net sales $362.0M (+16.3% YoY); record quarterly sales.
Alamo Group reports record Q4 2021; EPS $1.62 (+107.7% YoY), sales $337.2M (+16.8%)
Q4 net sales $337.2M (+16.8% YoY); Vegetation Management sales up 27.4%, Industrial Equipment up 3.6%.
Alamo Group expands board, appoints Nina Grooms as independent director
Board expanded from eight to nine members; Nina Grooms elected effective Dec 9, 2021.
Alamo Group Q3 2021: EPS $1.47 (down 13%), sales up 16% to $338M, backlog $645M
Net income $17.5M ($1.47 diluted EPS) down 13% from $20.0M ($1.69) in Q3 2020.
Alamo Group reports Q2 sales up 29% to $347.6M, net income doubles to $26.0M, record backlog
Net sales $347.6M (+29% YoY); net income $26.0M (+100%); diluted EPS $2.19 (+99%).
Richard Wehrle appointed EVP and CFO effective July 19, 2021; annual base salary $368,000; equity target 50%.
Richard H. Raborn, the Executive Vice President of the Vegetation Management Division of Alamo Group Inc. (the “Company”), will be retiring from the Company on May 29, 2026.
Effective as of Mr. Eckert’s actual departure date, and until such time as a replacement is named, Agnes Kamps, Executive Vice President and Chief Financial Officer of the Company (“CFO”) and principal financial officer of the Company (“PFO”), is expected to assume the role of PAO on an interim basis.
On November 1, 2024, Alamo Group Inc. (the “Company”) was informed by Ian Eckert , the Company’s Vice President, Corporate Controller and Chief Accounting Officer and principal accounting officer of the Company (“PAO”) , that he is resigning from such position effective no later than January 3, 2025 to pursue another opportunity.
The acceleration was in relation to Mr. Haberman's August 6, 2024 retirement as Executive Vice President of the Company's Industrial Equipment Division as previously disclosed in a Current Report on Form 8-K filed with the Securities Exchange Commission (the "SEC") on June 10, 2024.
On June 10, 2024, Alamo Group Inc. (the “Company”) issued a press release announcing the retirement of Executive Vice President of the Industrial Equipment Division of the Company, Michael A. Haberman, effective August 6, 2024.
the previously disclosed retirement of Richard J. Wehrle as Executive Vice President, Chief Financial Officer and Treasurer
Ian Eckert was appointed Vice President, Corporate Controller and Chief Accounting Officer by Alamo Group Inc. (the "Company") on December 5, 2023 after joining the Company in June 2023 as Corporate Controller.
The Company also announced that Agnes Kamps has joined the Company as its Executive Vice President and Treasurer as of March 6, 2024.
On March 6, 2024, Alamo Group Inc. (the “Company”) issued a press release announcing the retirement of Executive Vice President, Chief Financial Officer, and Treasurer, Richard J. Wehrle, effective May 3, 2024.
On February 22, 2024, Roderick R. Baty notified Alamo Group Inc. (the "Company") of his retirement from the Company's Board of Directors (the “Board”), effective April 30, 2024.
At a meeting of the Company’s Board on February 22, 2024, the Board increased the size of the Board from eight members to nine members and elected Mr. Paul D. Householder as a director effective immediately.
At a meeting of the Company's Board of Directors on December 9, 2021, Ms. Nina C. Grooms was elected as a director effective immediately.
Max materiality 0.80 · Median 0.62 · Most common event earnings