Lindsay Corporation Names New CEO and President

Timothy Hassinger has been named as new Chief Executive Officer and President of Lindsay Corporation, which will be effective October 16, 2017.  

Hassinger currently serves as President and CEO of Dow AgroSciences, headquartered in Indianapolis, Indiana. He will succeed President and CEO Rick Parod, who previously announced he is retiring later this year after 17 years of service to the company. Under Parod’s leadership, Lindsay grew from a single plant generating approximately $100 million in revenues to an international company providing irrigation solutions, water management and infrastructure products with revenues of over $500 million.

“The board unanimously agrees that Tim is the right choice to lead this great company into the future,” says Michael C. Nahl, Lindsay's Chairman of the Board. “He brings global business experience with an exceptional track record of business leadership and creating profitable growth. This, combined with his people and customer focused operating style, has fueled his ability to exceed customer expectations and consistently deliver strong financial results.”

Dow AgroSciences, a subsidiary of The Dow Chemical Company, is a leader in seeds and crop protection chemicals with more than $6 billion of sales in 120 countries and 8,000 employees.

A 33-year veteran of Dow AgroSciences, Hassinger has held a series of senior leadership positions throughout his career across a variety of the company’s domestic and international business units. Prior to becoming President and CEO of Dow AgroSciences in 2014, he served as the company’s Global Commercial Leader and Vice President for the Crop Protection Global Business Unit. Previously he served as Vice President for the Dow AgroSciences business in the Europe, Latin America, and Pacific regions. In 2005 he moved to Shanghai, China where he served as Regional Commercial Unit Leader for Greater China. From 1984 to 2005 he proceeded to hold a variety of commercial and supply chain positions of increasing responsibility.

Hassinger received his Bachelor of Science degree in Agricultural Economics from the University of Illinois and grew up on a family farm in Central Illinois.

 

 

Latest News

How Important is U.S. Ag and Food to the Economy?

In celebration of National Ag Day and National Ag Week, the 2023 Feeding the Economy report shows just how vital the industry is to U.S. families, communities and the world.

Ferrie: Ready, Set, Whoops! A Fast Start To Fieldwork Could Cost You Big In Corn At V5

Caution can help you avoid creating compaction or density layers. Plus, if you're applying anhydrous now, allowing 14 days between the application and planting can prevent dead or damaged plants and costly yield dings.

Nebraska Farmland Values Jump 14% in 2023 — Up 30% in Two Years

This year marks the second-largest increase in the market value of agricultural land in Nebraska since 2014 and the highest non-inflation-adjusted statewide land value in the 45-year history of the survey. 

U.S. Milk Production and Cow Numbers Both Rise

The February 2023 USDA Milk Production report showed an 0.8% increase in year-over-year milk production with a total of 17.7 billion lbs. of milk. Also following suit, U.S. cow numbers also documented growth.

Crude Oil Prices Drop Below $70: What is the Outlook for Consumers at the Pump and Farmers Heading Into Spring Planting?

Oil prices are also off their highs of last year and gas and diesel prices are also sliding at the pump, but will that trend continue ahead of planting?   Energy experts are hoping the answer is yes.  

Can the $20-Billion Inflation Reduction Act Get Rolled Out Quickly Enough?

Industry experts say the new legislative package represents a 'generational opportunity' for conservation funding and needs to reach U.S. farmers and livestock producers sooner rather than later, starting this spring.