Ag Growth CEO Householder steps down

Executive Summary

• Paul Householder has stepped down as President and CEO of Ag Growth International Inc. for personal reasons, effective immediately, and has also resigned from the board of directors.
• Paul Brisebois, currently the company's Senior Vice-President of North America Farm and Global Portables, has been appointed as interim President and CEO.
• The board has formed a special committee to oversee a comprehensive search for a permanent CEO, with Householder remaining available to assist with the transition.

Key Details

• Outgoing Leadership: Paul Householder stepped down as President and CEO and resigned from the board of directors for personal reasons.
• Interim Appointment: Paul Brisebois appointed as interim President and CEO, effective immediately.
• Search Committee: A special board committee comprising Mr. Halyk, Ms. Ricard, and Mr. Choquette has been established to lead the search for a permanent CEO.
• Transition Arrangement: Mr. Householder has agreed to remain available to provide transition services to ensure operational continuity.
• Strategic Timeline: Mr. Brisebois will work closely with the board to execute the company's business strategy through 2026 until a permanent successor is identified and appointed.
• Company Overview: Ag Growth International Inc. is a global provider of equipment and solutions for the efficient storage, transport, and processing of food, operating manufacturing facilities in Canada, the United States, Brazil, India, France, and Italy.