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.