Vermeer Announces Family Succession Plans

As part of its family succession planning process, Vermeer Corporation announced that third-generation family member, Jason Andringa, will serve as the company’s next President & CEO effective Nov. 1, 2015.

On Nov. 1, 2014, Jason will assume the role of President & Chief Operating Officer for one year, when he will transition to the role of President & CEO of Vermeer Corporation. He currently serves as President of Forage and Environmental Solutions.

“Gary Vermeer, my grandfather and Vermeer founder, was very influential
for me personally and professionally,” said Jason Andringa. “Since a
young age, I had a passion to follow in his footsteps. In the mid-90s, I
traveled on a business trip overseas with my mother, Mary, and saw firsthand the global demand for Vermeer equipment and the impact it was
making on local communities across the world. That trip solidified my path to Vermeer. I am honored to have the opportunity to lead Vermeer as a family-owned and operated, global company into a prosperous future.”

Mary Andringa, current President & CEO, will assume the role of CEO &
Chair of the Board Nov. 1, 2014. Mary will transition exclusively to Chair of the Board Nov. 1, 2015.

Bob Vermeer, current Chairman of the Board, will assume the role of
Chair Emeritus. The honorary role for individuals who served as Vermeer
CEO or Chair of the Board will be effective Nov. 1, 2014.

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