Buhler stands with Ukraine

Mar 03, 2022

Canadian ag equipment manufacturer replaces Board of Directors member who supported Russian action.

Buhler Industries Inc. of Winnipeg has replaced outspoken Board of Directors member Konstantin Babkin for his support of the Russian Federation’s actions against Ukraine.

Accepting the resignation of Babkin, Buhler stated that his views were in stark contrast to those of the North American executive team and do not reflect the position or values of the company.

Buhler Industries said it continues to strongly oppose the decisions of the Russian Federation and stands with the people of Ukraine, and that the changes to the Board of Directors was made to align the organization with the values of its Canadian-based leadership team.

Replacing Babkin is Adam Reid, currently the Vice President of Sales and Marketing, who has over 15 years experience with the company, and has been pivotal in recent growth, building trust and relationships with the Versatile dealer network.

Other changes include Grant Adolph, P.Mgr appointed as Chairman of the Board of Buhler Industries—currently a member of the Board and Chief Operating Officer, and has been with the company since 1975 holding various roles in product development, engineering, production and management.

Ossama AbouZeid, PhD, MBA has been appointed as a Director on the Board and Chairman of the Audit Committee. He has prior experience having served as President and Chief Financial Officer of Buhler Industries, and has served on a number of boards in the past and has an excellent understanding of the company's products, markets and overall operations.

AbouZeid replaces the retiring John Buhler who started Buhler Industries.

Headquartered in Winnipeg, Buehler Industries is a publicly traded company manufacturing and distributing its product through several brand names, including Versatile and Farm King. The Versatile line of equipment consists of tractors and tillage. Farm King supplies augers, mowers, bale carriers, snowblowers, and compact implements. The company has manufacturing facilities and warehouses in both Canada and the United States.

Company information available at https://www.buhlerindustries.com.

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