SCOTTSDALE, AZ, March 20, 2019 /CNW/ - AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Company"), the Autosteering Company™, is announcing a CFO transition plan following the resignation of current CFO Mike Manning, who has made the decision not to relocate to the Company's new Scottsdale, Arizona headquarters.
Manning will work part-time for AgJunction effective March 29th to assist in a transition period through the Company's annual general meeting on May 10th. The Company intends to appoint an interim CFO while it conducts a search for a permanent CFO in the greater Scottsdale, Arizona area.
"Mike has played an integral role in the history of AgJunction, helping to bring the company to the unique position it now occupies in precision autosteering," said Dave Vaughn, president and CEO. "Mike has decided that remaining in Kansas City is the right decision for him and his family, and we appreciate his many contributions to AgJunction. We wish him all the best in his future endeavors."
Manning commented: "I'm proud to have been a part of AgJunction's development and strategic shift into the business it is today, and I would like to thank Dave and the board for supporting my decision. The company is in a unique competitive position at a time when farmers need it most, and I am confident in the leadership team's ability to guide AgJunction through many additional years of success."
AgJunction Inc., the Autosteering Company™ is a global leader of advanced guidance and autosteering solutions for precision agriculture applications. Its technologies are critical components in over 30 of the world's leading precision Ag manufacturers and solution providers and it holds over 130 fundamental steering and machine control patents. AgJunction markets its solutions under leading brand names including Novariant®, Wheelman™, and Whirl™ and is committed to advancing its vision by bringing affordable hands-free farming to every farm, regardless of terrain or size. AgJunction has locations in California, Arizona, and Australia, and is listed on the Toronto Stock Exchange (TSX) under the symbol "AJX." For more information, please go to AgJunction.com.
SOURCE Agjunction Inc.
For further information: Media: Jeff Morris, Corporate Communications, AgJunction, 1-510-933-4808, [email protected]; Investor Relations: Liolios, Cody Slach, Managing Director, 1-949-574-3860, [email protected]