---
schema_version: "secwatch.filing_event.v1"
accession: "0000824142-25-000164"
form_type: "8-K"
ticker: "AAON"
cik: "0000824142"
company_name: "AAON, INC."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T04:01:33.005127+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000824142-25-000164
- form_type: 8-K
- ticker: AAON
- cik: 0000824142
- company_name: AAON, INC.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/824142/000082414225000164/0000824142-25-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824142/000082414225000164/aaon-20250513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000824142-25-000164
- JSON: https://secwatch.observer/filing/0000824142-25-000164.json
- Plain text: https://secwatch.observer/filing/0000824142-25-000164.txt

## Key facts
- Executive change
  Matt J. Tobolski was appointed as President and CEO at AAON, INC..
  - Action: appointed
  - Role: President and CEO
  source text: Matt J. Tobolski, PhD, 41, was appointed as President and CEO, effective May 13, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414225000164/0000824142-25-000164-index.htm
- Executive change
  Gary D. Fields changed role as special advisor at AAON, INC..
  - Action: transitioned
  - Role: special advisor
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414225000164/0000824142-25-000164-index.htm
- Executive change
  Matt J. Tobolski was appointed as Class I Director at AAON, INC..
  - Action: appointed
  - Role: Class I Director
  source text: appointed Dr. Tobolski to the newly created Class I position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/824142/000082414225000164/0000824142-25-000164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.