Alamo Group executive to retire, move to consulting role

Alamo Group Inc. (NYSE: ALG) announced that Edward T. Rizzuti, Executive Vice President and Head of Corporate Development, has notified the company of his intent to retire on September 11, 2026.

According to a company statement, Rizzuti's retirement is not related to any disagreement over the company's operations, financial reporting, or accounting practices.

Following his retirement, Rizzuti will transition to a consulting role under an agreement signed August 10, 2026. The consulting arrangement begins September 14, 2026, and is scheduled to expire December 31, 2026. Under the terms of the agreement, Alamo Group will pay Rizzuti $20,000 per month, pro-rated for September, plus reimbursement of reasonable expenses. His consulting work will cover corporate development initiatives, including acquisitions and divestitures.

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