09:16 AM EDT, 07/07/2025 (MT Newswires) -- ATS (ATS) said Monday that Andrew Hider is stepping down from his role as chief executive officer and will depart from the company to pursue a new opportunity, expected at the end of August.

The company has named Chief Financial Officer Ryan McLeod as interim CEO, while the board carries out a search for a permanent CEO, ATS said.

Hider is also stepping down as a board member, the company said, adding that its guidance for the current fiscal quarter and fiscal year is unchanged.

Shares of the company were down 1% in recent premarket activity.