Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective March 20, 2009, David B. Downing will resume his prior role as Chief
Financial Officer of Lindsay Corporation ("Lindsay" or the "Company").
Mr. Downing, age 54, joined Lindsay in August 2004 as Vice President and Chief
Financial Officer, and has most recently served since March 2008 in the role of
President of International. Prior to joining Lindsay, Mr. Downing held various
positions with FPM L.L.C., a heat-treating company based in Elk Grove Village,
Illinois, most recently serving as President.
In addition to his title as Chief Financial Officer, Mr. Downing will retain his
title as President of International, but will share responsibilities for
oversight of international operations with Rick Parod, President and Chief
Executive Officer. Mr. Downing will also resume responsibility for investor
relations.
In his new role, Mr. Downing will be designated as the principal financial
officer for purposes of SEC and NYSE rules and filings. Timothy J. Paymal, Vice
President and Chief Accounting Officer of the Company, will be designated as the
principal accounting officer for purposes of SEC and NYSE rules and filings.
On March 23, 2009, the Company issued a press release announcing the management
change described above. A copy of the press release is furnished herewith as
Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
99.1 Press Release, dated March 23, 2009, issued by the Company
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: March 23, 2009 LINDSAY CORPORATION
By: /s/ Timothy J. Paymal
Timothy J. Paymal, Vice President and
Chief Accounting Officer