AAON CEO succession effective May 13; Tobolski appointed director; $0.10 quarterly dividend declared

AAON, INC.

Matt Tobolski, 41, appointed President & CEO effective May 13, 2025; Gary Fields becomes special advisor, remains on board.
Board increased to nine; Tobolski added as Class I director with term expiring at May 2028 annual meeting.
Quarterly cash dividend of $0.10 per share ($0.40 annual) declared, payable June 27, 2025 to holders of record June 6, 2025.
Annual meeting ratified Grant Thornton as auditor and approved advisory say-on-pay (67.6M for, 0.6M against).
Tobolski previously served as President/COO since Jan 2024 and co-founded BASX, acquired by AAON in Dec 2021.

item 5.02 item 5.07 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Matt J. Tobolski

President and CEO

AAON · AAON, INC.

Effective: 2025-05-13
Filed: May 16, 2025, 7:59 PM ET

Matt J. Tobolski, PhD, 41, was appointed as President and CEO, effective May 13, 2025.

Role change

Gary D. Fields

special advisor

AAON · AAON, INC.

Effective: 2025-05-13
Successor: Matt J. Tobolski
Filed: May 16, 2025, 7:59 PM ET

Gary D. Fields, Chief Executive Officer of AAON, Inc. (the “Company”), transitioned to the role of special advisor to the Board, effective May 13, 2025.

Appointed

Matt J. Tobolski

Class I Director

AAON · AAON, INC.

Effective: 2025-05-13
Filed: May 16, 2025, 7:59 PM ET

appointed Dr. Tobolski to the newly created Class I position.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Matt J. Tobolski was appointed as President and CEO at AAON, INC..

Action: appointed
Role: President and CEO

Exact text from the filing

Matt J. Tobolski, PhD, 41, was appointed as President and CEO, effective May 13, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Gary D. Fields changed role as special advisor at AAON, INC..

Action: transitioned
Role: special advisor

Exact text from the filing

Gary D. Fields, Chief Executive Officer of AAON, Inc. (the “Company”), transitioned to the role of special advisor to the Board, effective May 13, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Matt J. Tobolski was appointed as Class I Director at AAON, INC..

Action: appointed
Role: Class I Director

Exact text from the filing

appointed Dr. Tobolski to the newly created Class I position.

View on SEC.gov

AAON, INC. filing history →

Source: SEC EDGAR

accession 0000824142-25-000164

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