Toromont Industries Ltd. announced that effective October 15, 2023, Michael McMillan will be appointed President and a member of the Board of Directors. While Mr. Medhurst retires as President and Chief Executive Officer, as well as a member of the Board of Directors, he will stay on as an Executive advisor to Mr. McMillan for a transition period. Toromont also announced the appointment of John Doolittle as Executive Vice President.

Mr. Doolittle is a highly accomplished financial executive, bringing a wealth of financial, capital markets and leadership experience. He has served as Chief Financial Officer at a number of public and private companies including Open Text and Mattamy Homes.