---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-008780"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T22:48:23.393711+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CVT President Jason Morgan resigns; Rick Martich appointed interim president

## Summary
- Jason Morgan resigns as President of CVT effective March 30, 2023; transition agreement includes $350k annual base salary for 12 months.
- 2023 short-term incentive at target (60% of base salary) and COBRA benefits continuation for 12 months.
- Lump-sum payment of $419,113 in lieu of vesting of 2024 time-based and performance shares based on HLIO closing price on March 17, 2023.
- Rick Martich, SVP Global Operations & Systems Sales, assumes role of interim CVT President.

## SEC filing metadata
- accession: 0000950170-23-008780
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024795/000095017023008780/0000950170-23-008780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017023008780/hlio-20230320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-008780
- JSON: https://secwatch.observer/filing/0000950170-23-008780.json
- Plain text: https://secwatch.observer/filing/0000950170-23-008780.txt

## Key facts
- Executive change
  Rick Martich was appointed as interim CVT President at HELIOS TECHNOLOGIES, INC..
  - Action: appointed
  - Role: interim CVT President
  source text: The Company has further announced, and consistent with its standard succession planning, that Rick Martich, presently the Senior Vice President, Global Operations & Systems Sales of Helios Technologies, will assume the role of interim CVT President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023008780/0000950170-23-008780-index.htm
- Executive change
  Jason Morgan resigned as President of CVT at HELIOS TECHNOLOGIES, INC..
  - Action: resigned
  - Role: President of CVT
  source text: On March 20, 2023, Jason Morgan, the President of CVT, informed the Company of his intent to resign, effective March 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023008780/0000950170-23-008780-index.htm

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