On January 26, 2015, Howard G. Buffett informed to Lindsay Corporation that he will not stand for re-election as a director when his term expires at the company's annual meeting to be held in January 2016, citing increased demands on his time. On January 26, 2015, following the annual meeting of stockholders, the Board of Directors elected Michael C. Nahl to serve as Chairman of the Board of Directors, succeeding Michael N. Christodolou who will continue as a director.