Alamo Group Inc. Announces Richard J. Wehrle Plans To Retire As Executive Vice President, Chief Financial Officer, And Treasurer; Agnes Kamps Appointed As Successor

Author: Benzinga Newsdesk | March 06, 2024 05:33pm

Alamo Group Inc. (NYSE:ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company on May 3, 2024.  Ms. Agnes Kamps joined the Company as Executive Vice-President on March 6, 2024, and will take on the duties of Company Treasurer immediately.  Upon Mr. Wehrle's retirement, Ms. Kamps will succeed Mr. Wehrle as the Company's Chief Financial Officer.  Ms. Kamps joins the Company from Americas Styrenics, LLC, where she has served as Vice President and Chief Financial Officer since January 2021.  Prior to her role with Americas Styrenics, Ms. Kamps served in various accounting and finance management capacities with several Siemens companies and with United Technologies.  Ms. Kamps holds a Bachelor of Business Administration with an accounting concentration from Robert Morris University and a Master of Business Administration from Friedrich‐Alexander‐Universität Erlangen‐Nürnberg.

Chief Executive Officer and President, Jeffery A. Leonard, commented on the above changes as follows, "Richard has been a part of Alamo Group for over 35 years.  He has helped guide the Company through many stages of its development as a vital member of our team.  He has been a leader in our positive, profitable growth during his long tenure as Corporate Controller and later as Chief Financial Officer.  We want to wish him a long, healthy retirement with his family.  We are very pleased to have Agnes join the Company and are excited for what the future holds for her as a part of our leadership team as we continue to grow."

Posted In: ALG