Lindsay Corporation (NYSE: LNN) has announced the appointment of Sam Hinrichsen as the new Senior Vice President and Chief Financial Officer, effective January 1, 2026. Hinrichsen will succeed Brian Ketcham, who is set to retire at the end of the year. Prior to joining Lindsay Corporation, Hinrichsen held various finance roles at Stepan Company, including interim Chief Financial Officer, and most recently served as the Global VP of Finance & Investor Relations.
Lindsay Corporation's President and CEO, Randy Wood, expressed his pleasure in welcoming Hinrichsen to the senior leadership team, highlighting his extensive background in global financial management and operational experience. Wood also commended Brian Ketcham for his leadership and contributions to the company.
Established in 1955, Lindsay Corporation is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. The company's portfolio includes the Zimmatic™ center pivot and lateral move agricultural irrigation systems, FieldNET™ and FieldWise™ remote irrigation management technology, FieldNET Advisor™ irrigation scheduling technology, and industrial IoT solutions. Additionally, Lindsay Transportation Solutions manufactures equipment aimed at improving road safety and traffic flow through the Road Zipper™ and Snoline™ brands.
The press release did not include specific metrics or financial data related to Lindsay Corporation's performance. Following these announcements, the company's shares moved -0.2%, and are now trading at a price of $132.54. If you want to know more, read the company's complete 8-K report here.