Alamo Group Inc. Executive VP to Retire; Consulting Agreement

What Happened
Alamo Group Inc. announced that Edward T. Rizzuti, Executive Vice President and Head of Corporate Development, will retire from the company effective September 11, 2026. Mr. Rizzuti notified the company of his intent to retire on August 7, 2026. The company and Mr. Rizzuti entered a consulting agreement on August 10, 2026 to provide advisory services beginning September 14, 2026 and ending December 31, 2026. The filing states his retirement is not the result of any disagreement regarding operations, financial reporting, or accounting practices.

Key Details

• Executive: Edward T. Rizzuti, Executive VP & Head of Corporate Development.
• Retirement date: September 11, 2026 (notice given August 7, 2026).
• Consulting agreement dated August 10, 2026: term September 14, 2026 to December 31, 2026.
• Compensation under consulting agreement: $20,000 per month (prorated for September) plus reimbursement of reasonable expenses.
• Advisory focus: corporate development initiatives, including acquisitions and divestitures.

Why It Matters
This is a leadership change in Alamo Group’s corporate development function, which handles mergers, acquisitions and divestitures—areas that can affect growth and strategic direction. The consulting agreement provides a short-term transition so the company retains Mr. Rizzuti’s expertise through year-end while it manages succession or ongoing deals. The filing contains no indication of disputes or accounting issues.