---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-23-000086"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:33:33.450123+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NN, Inc. appoints Harold Bevis as President and CEO effective May 22, 2023

## Summary
- Harold Bevis appointed President and CEO effective May 22, 2023, succeeding Warren Veltman who retires as planned.
- Annual base salary $835,000; guaranteed minimum bonus of $835,000 for 2023; no equity grants expected until 2028.
- Inducement grants: 1,500,000 time-vesting RSUs (5-yr vest) and 2,500,000 performance-vesting PSUs tied to stock price targets (starting at $2/share).
- Bevis brings 25+ years leadership; previously President & CEO of Commercial Vehicle Group (CVGI), with EV and business transformation experience.
- Transition from outgoing CEO Warren Veltman was announced on November 1, 2022 as part of planned succession.

## SEC filing metadata
- accession: 0000918541-23-000086
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/0000918541-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/nnbr-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-23-000086
- JSON: https://secwatch.observer/filing/0000918541-23-000086.json
- Plain text: https://secwatch.observer/filing/0000918541-23-000086.txt

## Key facts
- Executive change
  Warren Veltman departed as President and Chief Executive Officer at NN INC.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: Mr. Veltman will retire as the President and Chief Executive Officer of the Company and from the Board, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/0000918541-23-000086-index.htm
- Executive change
  Warren Veltman departed as Director at NN INC.
  - Action: retire
  - Role: Director
  source text: Mr. Veltman will retire as the President and Chief Executive Officer of the Company and from the Board, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/0000918541-23-000086-index.htm
- Executive change
  Harold Bevis was appointed as President and Chief Executive Officer at NN INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On May 9, 2023, the Board of Directors (the “Board”) of the Company announced the appointment of Harold Bevis as the Company’s President and Chief Executive Officer, effective May 22, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/0000918541-23-000086-index.htm
- Executive change
  Harold Bevis was appointed as Director at NN INC.
  - Action: appointed
  - Role: Director
  source text: The Board also expects to appoint Mr. Bevis as a director of the Board, following the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000086/0000918541-23-000086-index.htm

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