Hider, who has held the CEO position at ATS since 2017, was appointed to the board of medtech company Baxter, based out of Deerfield, Illinois. He is expected to take the reins no later than the start of September, Baxter said Monday.

Ryan McLeod, the Chief Financial Officer of the Company, will assume the role of interim CEO upon Mr. Hider’s departure while the Board conducts a thorough search for a permanent replacement, consistent with the Company’s succession planning process. With nearly two decades of experience at ATS, Ryan was appointed Chief Financial Officer in 2020.