Business
Argan, Inc. Announces Leadership Succession at The Roberts Company
ARLINGTON, Va., May 07, 2025--Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announces that Bobby Foister, Jr., Chief Executive Officer of The Roberts Company, Inc. ("TRC"), a wholly owned subsidiary of Argan, as part of a long term succession plan, resigned from his role effective April 30, 2025 to take a reduced supporting position at TRC. As planned, Sean Terrell, who has served as President of TRC since 2023, assumed the additional role of Chief Executive Officer.
About this update from Argan, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1500,"height":357,"url":"https://media.zenfs.com/en/business-wire.com/335b86cbf413ebeefd406fdc444d902a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/y2LVcKaYdNLpUAnhrPYI3g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIyODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/335b86cbf413ebeefd406fdc444d902a","width":960,"height":228},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/DKJNgmK7jWlCGHZAFSL3dg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NzI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/335b86cbf413ebeefd406fdc444d902a","width":1200,"height":286}},"lazy":false},{"type":"text","content":"ARLINGTON, Va., May 07, 2025--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announces that Bobby Foister, Jr., Chief Executive Officer of The Roberts Company, Inc. ("TRC"), a wholly owned subsidiary of Argan, as part of a long term succession plan, resigned from his role effective April 30, 2025 to take a reduced supporting position at TRC. As planned, Sean Terrell, who has served as President of TRC since 2023, assumed the additional role of Chief Executive Officer.","length":529,"tagName":"p"},{"type":"text","content":"Mr. Foister will continue to serve as Chairman of TRC’s Board and will assist with the leadership transition and work in various other capacities to ensure continued success and operational continuity.","length":201,"tagName":"p"},{"type":"text","content":"David Watson, President and Chief Executive Officer of Argan, commented, "On behalf of the entire Argan team and Board, I would like to thank Bobby for his valuable contributions over the past ten years with TRC. Bobby has been a driving force behind TRC’s growth, leading the company through significant milestones while building a strong culture of operational excellence and teamwork. As a testament to his commitment and loyalty to the organization, Bobby will continue to support the team as Chairman of the Board to ensure a smooth transition. We appreciate Bobby’s lasting impact on TRC and extend our best wishes as he transitions into semi-retirement."","length":671,"tagName":"p"},{"type":"text","content":"Mr. Terrell brings over thirty years of leadership, opera...