MISSISSAUGA, ONTARIO--(Marketwired - Jan 22, 2016) - Strongco Corporation (TSX:SQP) today announced that Strongco and Mr. Robert Dryburgh have reached an agreement whereby Mr. Dryburgh will step down from the position of President and Chief Executive Officer effective immediately. Mr. Dryburgh will be available to Strongco to support a seamless transition.
"I would like to thank Mr. Dryburgh for his leadership over the last 7 plus years and we wish him all the best" said Mr. Robert Beutel, Chairman of the Board of Directors.
Mr. Beutel, Chairman of Strongco since 2001, will serve as Executive Chairman in the interim.
About Strongco Corporation
Strongco Corporation is a major multiline mobile equipment dealer with operations across Canada and in the United States, operating through Chadwick-BaRoss, Inc. Strongco sells, rents and services equipment used in diverse sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. The Company has approximately 720 employees serving customers from 27 branches in Canada and five in the United States. Strongco represents leading equipment manufacturers with globally recognized brands, including Volvo Construction Equipment, Case Construction, Manitowoc Crane, including National and Grove, Terex Cedarapids, Terex Finlay, Terex Fuchs, Terex Trucks, Ponsse, Fassi, Sennebogen, Konecranes and SDLG. Strongco is listed on the Toronto Stock Exchange under the symbol SQP.