Alamo Group Expands Board of Directors with the Addition of Colleen Haley

Alamo Group Inc. Expands Its Board of Directors

Alamo Group Inc., a leading provider of high-quality equipment for vegetation management and infrastructure maintenance, has officially expanded its Board of Directors. The company, which is publicly traded on the NYSE under the symbol ALG, announced this significant change on December 4, 2024. The number of board members has increased from eight to nine, a strategic move as the company positions itself for future growth and enhancements in governance.

Meet the New Board Member

Colleen Haley has been appointed as the new independent member of the board, effective immediately. At 57, Haley brings a wealth of experience from various industries, particularly in metal fabrication. Since March 2021, she has served as the CEO of Quality Metalcraft/Experi-Metal, Inc. (QMC-EMI), which is based in Livonia, Michigan. QMC-EMI is recognized for its extensive service to the automotive and aerospace sectors, among others, making Haley's insights particularly valuable as Alamo continues to grow its influence in industrial sectors.

Her previous roles include a key position as Group VP of Operations at Parker Hannifin Corporation from 2016 to 2021. During her long career, she has held managerial roles in senior capacities at Yazaki Corporation, where she led operations in South America, and at ALCOA, to name a few. She possesses both a Bachelor of Science and a Master of Science from Michigan State University, showcasing her strong educational background.

Insights from Leadership

Rick Parod, the Independent Board Chair of Alamo Group, expressed enthusiasm about Haley's addition to the team. He stated, "Colleen brings valuable global experience gained from various managerial positions with several sophisticated companies. Her career has traversed through numerous strategic roles, giving her a broad perspective that will be an asset to the Board." This sentiment highlights Alamo's commitment to leveraging diverse experiences and perspectives to drive the company forward.

About Alamo Group

For those unfamiliar with Alamo Group, it was founded in 1969 and has grown to become a key player in the manufacturing and distribution of equipment for vegetation and infrastructure management. With approximately 4,000 employees and 28 manufacturing plants across North America, Europe, Australia, and Brazil as of September 30, 2024, Alamo is poised for continued success.

The company specializes in a variety of products, including mowing equipment, street sweepers, snow removal gear, and agricultural implements, ensuring it meets the needs of various sectors effectively. Their significant market presence reinforces Alamo's reputation as a leader in their field.

Looking Ahead

As Alamo Group integrates Colleen Haley into its Board of Directors, the company aims not only to enhance its governance but also to leverage her extensive background to address challenges and seize opportunities in the ever-evolving industrial landscape. The addition of diverse expertise to the board is expected to drive innovation and facilitate strategic growth in the years to come.

Overall, Alamo Group's recent board expansion reflects a proactive approach to leadership and governance, underlined by the intention to adapt to market changes and improve operational strategies efficiently. As the company prepares for future challenges, the experience and insight of new board members like Colleen Haley are crucial components contributing to Alamo's path forward.