Alamo Group Inc. (ALG)

198.52 -1.11 (-0.56%) At close: 04:00PM EDT

Alamo Group Inc.

1627 East Walnut Street
Seguin, TX 78155
United States
830 379 1480
https://www.alamo-group.com

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full-time employees: 4,350

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jeffery A. Leonard	President, CEO & Director	2.26M	120.12k	1960
Mr. Richard J. Wehrle	Executive VP, CFO & Principal Financial Officer	881.65k	322.93k	1957
Mr. Edward T. Rizzuti	Executive VP, General Counsel, Secretary & Chief Legal Officer	831.83k	135.4k	1970
Mr. Richard Hodges Raborn	Executive Vice President of Vegetation Management	852.79k	N/A	1966
Mr. Michael A. Haberman	Executive Vice-President of Industrial Equipment	883.77k	N/A	1959
Mr. Ian M. Eckert	VP, Corporate Controller & Chief Accounting Officer	N/A	N/A	1988
Ms. Janet S. Pollock SPHR	Senior Vice President of Human Resources	N/A	N/A	1959
Mr. Dan E. Malone	Executive VP & Chief Sustainability Officer	571.94k	N/A	1960
Ms. Agnes Kamps	Executive VP & Treasurer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. It operates through two segments, Vegetation Management and Industrial Equipment. Its Vegetation Management Division segment offers hydraulically-powered and tractor - and off-road chassis mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts. This segment also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades and replacement parts, zero turn radius mowers, cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts, heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, and cutting blades. The company's Industrial Equipment Division segment offers truck-mounted air vacuum, mechanical broom, and regenerative air sweepers, pothole patchers, leaf collection equipment and replacement brooms, parking lot and street sweepers, excavators, catch basin cleaners, and roadway debris vacuum systems, as well as truck-mounted vacuum machines, combination sewer cleaners, and hydro excavators. This segment also offers ice control products, snowplows and heavy duty snow removal equipment, hitches, attachments, and graders; and public works and runway maintenance products, parts, and services, and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

Corporate governance

Alamo Group Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 3; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.