Information
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that Ryan McLeod has resigned from his role of Chief Financial Officer ("CFO") to pursue an opportunity in an unrelated industry. The
Original sourceAI Summary
Ryan McLeod has resigned as CFO of ATS Corporation, effective February 15, 2026. His departure follows two decades of leadership, with Anne Cybulski stepping in as interim CFO to ensure a smooth transition, which is crucial for maintaining investor confidence and business momentum.
Sentiment Rationale
McLeod's resignation can cause short-term uncertainty; however, interim leadership is established.
Trading Thesis
Hold ATS shares; interim leadership may maintain stability in the short term.
Market-Moving
- Succession planning mitigates disruption risks, supporting investor confidence.
- Market reactions may depend on the permanent CFO's appointment speed.
- Cybulski’s financial expertise could ease concerns during transition.
- Ongoing projects and partnerships may be closely monitored during this period.
Key Facts
- CFO Ryan McLeod resigns effective February 15, 2026.
- Anne Cybulski appointed interim CFO during the search for a permanent replacement.
- McLeod's leadership strengthened ATS' financial foundation over nearly 20 years.
- Cybulski brings extensive experience within ATS since 2009.
- The transition aims to support ongoing growth at ATS.
Companies Mentioned
- ATS Corporation (ATS): Leadership changes may impact investor sentiment and operational continuity.
Corporate Developments
This falls under 'Corporate Developments' as it involves key leadership changes that are vital for stakeholder confidence and long-term strategic direction at ATS.
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that Ryan McLeod has resigned from his role of Chief Financial Officer ("CFO") to pursue an opportunity in an unrelated industry. The effective date for Mr. McLeod's departure will be February 15, 2026.
Anne Cybulski, VP, Corporate Controller, will assume the role of interim CFO upon Mr. McLeod's departure, while a search for a permanent replacement is conducted. Ms. Cybulski has served in progressive finance positions since joining ATS in 2009 and has served in her current role since 2022. Additionally, she recently served as interim CFO prior to Doug Wright's appointment as Chief Executive Officer ("CEO").
"On behalf of the Board of Directors, I want to thank Ryan for his leadership and contributions to ATS. During his nearly 20 years with the Company, he helped strengthen our financial foundation and position the organization for long-term success," shared Michael Martino, Chairman of the ATS Board of Directors.
"Ryan's leadership has been a key component to ATS' growth," added Mr. Wright. "He has also built a solid and capable finance team that will support a smooth transition as we move forward. Anne has served the company for many years, including through her most recent interim CFO assignment. I look forward to working with her to continue ATS' growth."
About ATS Corporation
ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food & beverage, consumer products, and energy. Founded in 1978, ATS employs approximately 7,500 people at more than 65 manufacturing facilities and over 85 offices in North America, Europe, Southeast Asia and Oceania. The Company's common shares are traded on the Toronto Stock Exchange and the NYSE under the symbol ATS. Visit the Company's website at www.atsautomation.com.
SOURCE: ATS Corporation
View source version on businesswire.com: https://www.businesswire.com/news/home/20260119382480/en/
For more information:
David Ocampo
Head of Investor Relations
ATS Corporation
730 Fountain Street North
Cambridge, ON, N3H 4R7
(519) 653-6500
docampo@atsautomation.com
For general media inquiries:
Matthew Robinson
Director, Corporate Affairs &
Communication
ATS Corporation
730 Fountain Street North
Cambridge, ON, N3H 4R7
(519) 653-6500
mrobinson@atsautomation.com