Lindsay CFO Sam Hinrichsen to Step Down in August

Sam Hinrichsen, the chief financial officer at Lindsay, will vacate his post on August 31 for personal reasons. The company confirmed that his departure follows no internal disputes, marking the end of a tenure that will transition into an advisory role for the remainder of the calendar year.

Today, 01:03· Money Talk· 871 reads

Lindsay CFO Sam Hinrichsen to Step Down in August

The irrigation and infrastructure equipment manufacturer has initiated a formal search for a successor, engaging an executive recruiting firm to oversee the process. To ensure continuity, Hinrichsen will remain with the company through December 31, assisting with the handover of financial responsibilities.

Under the terms of his departure, Hinrichsen will receive a one-time cash payment of $100,000 for these transition services, payable in a lump sum once his advisory period concludes. The company disclosed the move in a filing with the Securities and Exchange Commission on Friday.

Lindsay CFO Sam Hinrichsen to Step Down in August

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