Art's Way Announces 'Mutual Separation Agreement' with David King

Oct 10, 2024

Art's-Way Manufacturing Co. Inc. announced that effective October 1, 2024 the company reached a mutual separation agreement with President David King. Current Chairman of the Board Marc McConnell will serve as president moving forward and the company will realize a net overhead reduction. McConnell has served on Art's Way's Board of Directors since 2001, served as Vice Chairman from January 2008 to April 2015 and has since served as Art's Way's Chairman of the Board.

King took over as president in March 2020, replacing Carrie Gunnerson, who served as CEO since 2007.

On Oct. 4, Art's Way announced its third quarter consolidated corporate sales were down 27.6% and sales for the first 9 months were down 21.8%.

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Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

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