AAON CEO Gary Fields steps down; Matt Tobolski to become CEO effective May 13, 2025

AAON, INC.

Gary Fields transitions to special advisor to the Board after serving as CEO since May 2020.
Matt Tobolski (current President/COO) appointed CEO and President, effective May 13, 2025.
Tobolski previously co-founded BASX (acquired by AAON in Dec 2021) and has led COO role since Jan 2024.
Fields will remain on the Board; transition intended to be seamless with three-month handoff period.
Press release cites data center cooling capacity investments as part of growth strategy under Tobolski.

item 5.02 item 9.01

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Appointed

Matt J. Tobolski

Chief Executive Officer

AAON · AAON, INC.

Effective: 2025-05-13
Filed: February 20, 2025, 6:59 PM ET

Matt J. Tobolski, PhD, will assume the role of Chief Executive Officer (in addition to his current position of President), also to be effective May 13, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Matt J. Tobolski was appointed as Chief Executive Officer at AAON, INC..

Action: appointed CEO and President
Role: Chief Executive Officer

Exact text from the filing

Matt J. Tobolski, PhD, will assume the role of Chief Executive Officer (in addition to his current position of President), also to be effective May 13, 2025.

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Source: SEC EDGAR

accession 0000824142-25-000030

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