BNET Industries

Lindsay Corp.

(LNN) is in the Manufacturing Industry

Market Cap:$401.4M
Last Fiscal Year Sales:$475.0M
  • Public
  • US
Dow Jones Description

Lindsay has developed automated mechanical move irrigation systems to meet a wide range of cropping, terrain and climatic challenges in numerous countries, representing almost every crop and condition.

President & CEO Barrier SystemsLane Crystal Bay
Number of Employees 1,239
Contact Information

2707 N 108th St Ste 102

Omaha, Nebraska 68644

lindsaymanufact...

(402) 428-2131

NAICS Code Farm Machinery and Equipment Manufacturing: 333111

Recent Events

  • Spears Named Infrastructure President At Lindsay

    6/15/09 - Mgmt. Change Entering - President - View Story

  • Lindsay Corporation Announces Fiscal 2009 Third Quarter Earnings

    6/12/09 - Financial Announcement - View Story

  • Lindsay Corporation Announces Quarterly Cash Dividend

    5/05/09 - Stock Split / Dividend - View Story

  • Next Generation Research Downgrades Lindsay Corp LNN to Neutral; Valuation Call

    4/15/09 - Bond / Stock Rating - View Story

  • Lindsay Reports 99-Percent Drop in 2Q Profits

    4/02/09 - Financial Announcement - View Story

  • Lindsay Corp. Schedules Fiscal 2009 Second Quarter Earnings Conference Call and Webcast

    3/14/09 - Financial Announcement - View Story

  • Walter Appointed to Lindsay Corporation Board of Directors

    2/14/09 - Board Member - Entering - View Story

  • Lindsay Corporation Releases Interim Information Regarding 2nd Quarter Fiscal 2009 Revenue

    2/14/09 - Financial Announcement - View Story

  • Lindsay Corporation Releases Interim Information Regarding 2nd

    1/29/09 - Product Announcement - View Story

  • Stock sinks after Lindsay lowers its expectations

    1/31/09 - Financial Announcement - View Story

News & Analysis

lindsay corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Lane Crystal Bay President & CEO Barrier Systems
Richard W. Parod President & CEO
Barry Ruffalo President North America Irrigation
David B. Downing Senior Vice President, Finance, Secretary, Treasurer and Chief Financial Officer
Douglas A. Taylor CIO & Vice President
Bruce C. Karsk Treasurer, Secretary & Executive Vice President
Abou Samir Vice President International
Charles H. Meis Vice President, Engineering
Dirk A. Lenie Vice President Marketing
Douglas J. Twyford Vice President
Gary E. Kaplan Vice President, Marketing Services
Mark A. Roth Vice President, Corp Dev
Matt T. Cahill Vice President, Manufacturing
Matthew T. Cahill Vice President Manufacturing
Randall S. Hester Vice President & HR
Robert S. Snoozy Vice President of Domestic Sales
Sam Haidar Vice President, Intl
Samir A. Haidar Vice President, Intl
Ernie Giordano Business Manager of Diversified Manufacturing
Tim J. Paymal Controller

Board of Directors

Name (plus bio) Position
Larry H. Cunningham Chairman
Michael N. Christodolou Director and Chairman of the Board
William F. Welsh Chairman
Howard G. Buffett Board of Directors
J. David McIntosh Board of Directors
Michael C. Nahl Board of Directors
Organization Position Status
Lindsay Manufacturing Company President & CEO Barrier Systems Current

Richard W. Parod is President and Chief Executive Officer (“CEO”) of the Company, and has held such positions since April 2000. Prior to that time and since 1997, Mr. Parod was Vice President and General Manager of the Irrigation Division of The Toro Company. Mr. Parod was employed by James Hardie Irrigation from 1993 through 1997, becoming President in 1994. Mr. Parod has been a Director since April 2000, when he began his employment with the Company.

Organization Position Status
Lindsay Manufacturing Company President & CEO Current
Lindsay Manufacturing Company Board of Directors Current

Barry A. Ruffalo is President of North America Irrigation of the Company, and has held such position since March of 2007, when he joined the Company. Mr. Ruffalo was most recently a Director of North American Operations for Joy Global Inc., since February 2007. Prior to that time and since 1996, Mr. Ruffalo held various positions of increasing responsibility with Case New Holland; the last 5 years were spent in Operations Management within the Tractor and the Hay and Forage divisions for both the Case IH and New Holland brands.

Organization Position Status
Lindsay Manufacturing Company President North America Irrigation Current

David B. Downing is President of Lindsay International, a division of Lindsay Corporation. Mr. Downing joined Lindsay in August 2004, and has most recently served in the role of Senior Vice President, Chief Financial Officer, Secretary and Treasurer. Prior to joining Lindsay, Mr. Downing was President of FPM L.L.C., a heat-treating company in Elk Grove Village, Illinois after joining FPM as Vice President and CFO in 2001. Mr. Downing was also Vice President and Controller for Thermo-King, a unit of Ingersoll-Rand Company Limited, which manufactures transport refrigeration equipment from 1998 to 2000.

Organization Position Status
Lindsay Manufacturing Company Senior Vice President, Finance, Secretary, Treasurer and Chief Financial Officer Current

Douglas A. Taylor is Vice President of Information Technology of the Company. He joined the Company in May 2005 as the Chief Information Officer. Mr. Taylor was promoted to Vice President and Chief Information Officer in October 2006. From 2004 through early 2005, Mr. Taylor was a Technology Consultant. Prior to that time and since 1999, Mr. Taylor held several positions with ConAgra Foods, most recently as the Vice President of Process and Systems Integration, Vice President of Financial Systems, and Director of Information Systems.

Organization Position Status
Lindsay Manufacturing Company CIO & Vice President Current
Organization Position Status
Lindsay Manufacturing Company Treasurer, Secretary & Executive Vice President Current
Organization Position Status
Lindsay Manufacturing Company Vice President International Current
Organization Position Status
Lindsay Manufacturing Company Vice President, Engineering Current
Organization Position Status
Lindsay Manufacturing Company Vice President Marketing Current
Organization Position Status
Lindsay Manufacturing Company Vice President Current
Organization Position Status
Lindsay Manufacturing Company Vice President, Marketing Services Current

Mark A. Roth, Vice President of Corporate Development since March 2007, adds the role of Treasurer of the Company and takes over responsibilities for investor relations. Mr. Roth joined Lindsay in 2004, as Director of Corporate Development. Prior to that time and since March 2001, Mr. Roth was an Associate with McCarthy Group, Inc., a Midwest-based investment bank and private equity fund. From January 1998 through February of 2001, Mr. Roth was a Senior Credit Analyst at US Bancorp.

Organization Position Status
Lindsay Manufacturing Company Vice President, Corp Dev Current
Organization Position Status
Lindsay Manufacturing Company Vice President, Manufacturing Current
Organization Position Status
Lindsay Manufacturing Company Vice President Manufacturing Current
Organization Position Status
Lindsay Manufacturing Company Vice President & HR Current
Organization Position Status
Lindsay Manufacturing Company Vice President of Domestic Sales Current
Organization Position Status
Lindsay Manufacturing Company Vice President, Intl Current
Organization Position Status
Lindsay Manufacturing Company Vice President, Intl Current
Organization Position Status
Lindsay Manufacturing Company Business Manager of Diversified Manufacturing Current

Timothy J. Paymal is Vice President and Chief Accounting Officer, after previously holding the position of Corporate Controller. In his new role, Mr. Paymal will be designated as the principal financial officer for purposes of SEC and NYSE rules and filings. Mr. Paymal joined the Company in January 2005, and had previously been an accountant with Deloitte & Touche LLP from 1996 to 2005, most recently serving as Audit Senior Manager.

Organization Position Status
Lindsay Manufacturing Company Controller Current
Organization Position Status
Lindsay Manufacturing Company Chairman Current

Mr. Christodolou serves as Manager of Inwood Capital Management, L.L.C., which he founded in May 2000 to serve as the general partner of a number of investment partnerships. From 1993 to 1999, Mr. Christodolou was Director of Equity Investments of Barbnet Investment Co. (formerly known as Thomas M. Taylor & Co.), an investment consulting firm providing services to various entities associated with certain members of the Bass Family of Fort Worth, Texas. Mr. Christodolou joined Thomas M. Taylor & Co. in 1988 as an investment analyst.

Organization Position Status
Lindsay Manufacturing Company Director and Chairman of the Board Current

Mr. Welsh retired as Chariman of Election Systems & Software, Inc. in 2003. From 1995 to 2000, Mr. Welsh was President and Chief Executive Officer of Election Systems & Software. Mr. Welsh is also Chairman and a director of Ballantyne of Omaha, Inc.

Organization Position Status
Lindsay Manufacturing Company Chairman Current
Organization Position Status
Berkshire Hathaway Inc. Board of Directors Current
Lindsay Manufacturing Company Board of Directors Current
GSI Group Inc. Chairman Former
Archer Daniels Midland Co. Board of Directors Former

Mr. McIntosh served as Group Vice President of Professional and International Business Divisions of The Toro Company from 1996 until August 1998 when he was appointed Executive Vice President. Mr. McIntosh had been employed by The Toro Company for 26 years prior to retiring on January 31, 2002. Mr. McIntosh currently serves on the Board of Directors for Health Tech Solutions, Inc., the Johnson Institute Foundation and is Chairman of StylePointe, LLC.

Organization Position Status
Lindsay Manufacturing Company Board of Directors Current

Mr. Nahl currently serves as Executive Vice President and Chief Financial Officer fo Albany International Corp. Mr. Nahl joined Albany International Corp. in 1981 as Group Vice President, Corporate; served as Senior Vice President and Chief Financial Officer from 1983 to 2005 and was appointed to his current position in 2005. Mr. Nahl is a director of GrafTech International Ltd. and serves on the Regional Advisory Board of JPMorgan Chase.

Organization Position Status
Lindsay Manufacturing Company Board of Directors Current

Executive News

  • Lindsay Corporation Announces Organizational Changes In Infrastructure Business Segment

    Reuters - 6/12/09 - View Story

  • Lindsay Corporation Announces Organizational Changes In Infrastructure Business Segment

    Forbes.com - 6/12/09 - View Story

  • Lindsay Corporation Announces Organizational Changes In Infrastructure Business Segment

    Business Wire - 6/12/09 - View Story

  • Lindsay Corporation Announces Fiscal 2009 Third Quarter Earnings

    Business Wire via MSN Money - 6/12/09 - View Story

  • Lindsay Corporation Announces Fiscal 2009 Third Quarter Earnings Conference Call and Webcast

    Business Wire - 6/12/09 - View Story

  • Lindsay Corporation Provides Update on Mexico City Project

    Business Wire - 5/26/09 - View Story

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     LNN $36.15 -0.27 (-0.74% )
Average Volume 371,245
Shares Outstanding 12.31M
Market Cap 444.8M
Year High 97.8
Year Low 20.89
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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