ATS Corporation (ATS) said on Monday that Andrew Hider will step down as Chief Executive Officer to pursue a new opportunity outside the automation industry.
Hider will leave the company by the end of August on a date to be determined by the Board.
Subsequently, Ryan McLeod, the Chief Financial Officer of ATS, will assume the role of interim CEO upon Hider's departure while the Board conducts a thorough search for a permanent replacement.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.