ATS Automation Tooling Systems Inc. announced that Anthony Caputo, the Chief Executive Officer of the company, will be leaving the company in February, 2017. In connection with this, Mr. Caputo and the company have entered into a transition agreement that, among other things, provides for continuity, an orderly transition of leadership, and that Mr. Caputo may leave earlier if a transition is completed. Mr. Caputo will remain on the Board of Directors of ATS throughout the transition.

ATS will initiate a thorough search and selection process for a successor suitable to lead the company as it continues to realize on its growth and value creation ambitions.