A former John Deere general manager has been named as interim Cycle Country Accessories Corp. CEO.
John Gault, a board member for Cycle Country (AMEX:ATC), replaces Ron Hickman, the Milford, Iowa company’s previous president and CEO.
“The board was dissatisfied with our return on invested capital and decided we needed a change to enhance shareholder value and growth going forward,” said Jim Danbom, chairman of the Cycle Country Board of Directors. “John will hold the CEO position until a suitable candidate is found.”
Gault had a 30-year career with Deere and Company and worked with several subsidiaries of the company before retiring as general manager of John Deere Harvester Works in October 2002. At that time, he was responsible for operations of a nearly $2 billion annual sales agricultural equipment factory. He has also served on product councils for combines in North America, Western Europe and South America.
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