Brian Ketcham Joins Lindsay as Vice President and Chief Financial Officer
April 04 2016 - 5:30PM
Business Wire
Lindsay Corporation (NYSE: LNN), a leading provider of
irrigation systems and infrastructure products, announced today
that Brian Ketcham will join Lindsay Corporation as Vice President
and Chief Financial Officer, effective April 11, 2016. Mr. Ketcham
will succeed Jim Raabe in this position as Mr. Raabe has
communicated his intent to retire. Mr. Raabe will assist with the
transition of his duties to Mr. Ketcham and with various
acquisition activities until his retirement expected to be in
December 2016.
For the past 15 years, Mr. Ketcham has served in various finance
roles at Valmont Industries, Inc., most recently as Vice President
and Group Controller of the Engineered Support Structures segment.
Prior to joining Valmont, Mr. Ketcham held various positions with
Consolidated Container Company LLC and KPMG LLP.
Rick Parod, President and Chief Executive Officer of Lindsay
Corporation, commented, “I would like to thank Jim for his
contributions to Lindsay Corporation. Jim has lead the further
development of our Finance and IT functions to support our growth,
and assisted in the overall strategy implementation throughout the
company.”
Mr. Parod continued, “We are very excited to have Brian join our
executive team. Brian has extensive finance leadership experience
and will be a great fit as we continue to grow our business.”
About the Company
Lindsay manufactures and markets water management equipment and
services including irrigation systems, pump stations, filtration,
and M2M controls designed to increase or stabilize crop production
while conserving water, energy, and labor, and that also provide
efficiency benefits in various industrial applications. The Company
also manufactures and markets infrastructure and road safety
products under the Lindsay Transportation Solutions trade name. At
February 29, 2016 Lindsay had approximately 10.8 million shares
outstanding, which are traded on the New York Stock Exchange under
the symbol LNN.
For more information regarding Lindsay Corporation, see the
Company’s Web site at www.lindsay.com.
Concerning Forward-looking Statements
This release contains forward-looking statements that are
subject to risks and uncertainties and which reflect management’s
current beliefs and estimates of future economic circumstances,
industry conditions, company performance and financial results. You
can find a discussion of many of these risks and uncertainties in
the annual, quarterly and current reports that the Company files
with the Securities and Exchange Commission. Forward-looking
statements include information concerning possible or assumed
future results of operations and planned financing of the Company
and those statements preceded by, followed by or including the
words “anticipate,” “estimate,” “believe,” “intend,” "expect,"
"outlook," "could," "may," "should," “will,” or similar
expressions. For these statements, the Company claims the
protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995.
The Company undertakes no obligation to update any forward-looking
information contained in this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20160404006666/en/
Lindsay CorporationJim Raabe, 402-827-6579Vice President
& Chief Financial OfficerorHalliburton Investor
RelationsHala Elsherbini or Geralyn DeBusk, 972-458-8000
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