Colleen Haley
About Colleen C. Haley
Colleen C. Haley, age 58, is an independent director of Alamo Group Inc. (ALG) since December 2024. She is the Chief Executive Officer of Quality Metalcraft/Experi-Metal, Inc. (QMC‑EMI) and holds both a B.S. and M.S. from Michigan State University. Her background spans global operations, supply chain leadership, strategic planning, distribution channels, and human resources, with prior senior roles at Parker Hannifin, Yazaki, Alcoa, and Alcoa Fujikura Ltd.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| QMC‑EMI | Chief Executive Officer | Mar 2021–present | Leads a metal fabrication company serving automotive, commercial vehicle, aerospace, and defense; deep supply chain and manufacturing expertise |
| Parker Hannifin | Group Vice President, Operations | 2016–2021 | Fortune 250 industrial; oversight of global operations and strategic planning |
| Yazaki Corporation | Business Unit President; VP Supply Chain; VP Human Resources; other senior roles, including leading South America | 2000–2016 | Global Tier‑1 auto supplier; leadership across supply chain, HR, and regional P&L |
| Alcoa | Managerial roles | 1991–1995 | Materials/manufacturing experience |
| Alcoa Fujikura Ltd. | Managerial roles | 1995–2000 | Automotive components JV; operations/manufacturing |
External Roles
| Organization | Role | Public Company? | Notes |
|---|---|---|---|
| QMC‑EMI | Chief Executive Officer | No (private) | Primary executive role |
No other public company directorships are disclosed for Ms. Haley in ALG’s proxy.
Board Governance
- Independence: The Board determined all current directors other than the CEO are independent under NYSE standards and the company’s guidelines; Ms. Haley is independent.
- Committee memberships (as of Mar 10, 2025): Audit Committee – Member; Compensation Committee – Member.
- Attendance: The Board held 5 meetings in FY2024; committees met Audit (4), Compensation (4), Nominating/Governance (3). Ms. Haley joined in December 2024 and did not attend any 2024 meetings.
- Executive sessions: Non‑management directors meet in executive session at each Board and committee meeting; the Independent Chair and committee chairs preside.
- Board leadership: Independent Chair of the Board is Richard W. Parod; CEO is separate.
- Stock ownership guidelines: Outside directors must hold 5× annual cash retainer, to be met within 5 years; as of the record date, all directors have met requirements or are within the transition period.
Fixed Compensation
| Component (2024) | Amount |
|---|---|
| Fees earned (cash) | $33,224 |
| Stock awards (grant-date fair value) | $51,904 |
| Total | $85,128 |
Director fee structure:
- Annual retainer: $80,000; Independent Board Chair: +$80,000; Audit Chair: +$18,000; Compensation Chair: +$13,000; Nominating/Gov Chair: +$13,000; annual restricted stock grant to directors; no stock options outstanding for directors. Ms. Haley’s grant-date fair value used $200.40 at appointment in Dec 2024.
Performance Compensation
| Equity Award Type | Grant Date Price | Shares Outstanding at 12/31/2024 | Performance Metrics |
|---|---|---|---|
| Restricted Stock (time‑based) | $200.40 (Dec 2024 appointment grant) | 259 shares | None disclosed for directors (time‑based RS only) |
ALG does not disclose performance‑conditioned equity for non‑employee directors; director equity is time‑based restricted stock.
Other Directorships & Interlocks
| Company | Type | Role | Potential Interlock/Conflict |
|---|---|---|---|
| None disclosed | — | — | No related-party transactions disclosed for 2024; policy requires Audit Committee review of any related-person dealings >$120,000. |
Expertise & Qualifications
- Board skills matrix indicates Ms. Haley brings financial expertise; organizational development/succession; end‑market/distribution channel knowledge; international experience; strategic planning; capital goods manufacturing/supply chain; M&A.
- Biographical competencies: supply chains, strategic planning, distribution channels, human resources; global executive experience.
Equity Ownership
| Item | Amount/Status |
|---|---|
| Beneficial ownership (shares) | 259; less than 1% of class |
| Unvested restricted stock (director) | 259 shares |
| Options | None outstanding for directors as of 12/31/2024 |
| Hedging/Pledging | Prohibited for directors and executive officers |
| Ownership guidelines | 5× annual cash retainer (5‑year compliance window for new directors); Ms. Haley is within the transition period given Dec 2024 appointment |
Governance Assessment
- Committee assignments place Ms. Haley on Audit and Compensation—high‑impact governance roles overseeing financial integrity and pay practices, supporting Board effectiveness.
- Independence, executive sessions, and robust governance policies (ownership guidelines; anti‑hedging/pledging; related‑party transaction oversight) strengthen investor confidence; no related‑party transactions in 2024.
- Director compensation is a modest cash retainer with time‑based restricted stock—aligned but with limited performance linkage; ownership guidelines drive skin‑in‑the‑game over time.
- Shareholder signals: 2024 say‑on‑pay support was ~99% of votes cast, indicating broad investor approval of pay practices; Compensation Committee uses an independent consultant (Pay Governance) and a defined peer group for benchmarking.
- Attendance caveat: Ms. Haley joined late in FY2024 and did not attend 2024 meetings; ongoing evaluation should track 2025 attendance and engagement.
Red Flags
- None disclosed specific to Ms. Haley: no related‑party transactions; director hedging/pledging prohibited; no stock options or repricing; compliance to be monitored against 5× retainer ownership guideline during 5‑year window.