Helios Technologies promotes Sean Bagan to President & CEO, effective Jan 6, 2025

HELIOS TECHNOLOGIES, INC.

Sean Bagan promoted to President & CEO, effective immediately; he had served as interim CEO/CFO since July 8, 2024.
Chairman Philippe Lemaitre resumes role as Non-Executive Chairman after serving as Executive Chairman during interim period.
Bagan retains CFO duties while company initiates search for permanent CFO, considering internal and external candidates.
Compensation includes base salary of $705,000, annual cash incentive target of 100% of base salary, and equity target of 200%.
Bagan nominated to Board of Directors, with election at June 2025 annual meeting.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Sean Bagan

President and Chief Executive Officer

HLIO · HELIOS TECHNOLOGIES, INC.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

On January 6, 2025, Helios Technologies (the “Company”) announced that the board of directors of the Company (the “Board”) has promoted Sean Bagan to President and Chief Executive Officer of the Company, effective January 6, 2025.

Role change

Philippe Lemaitre

Non-Executive Chairman

HLIO · HELIOS TECHNOLOGIES, INC.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

Chairman Philippe Lemaitre, serving as Executive Chairman, will resume his role as Non-Executive Chairman.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sean Bagan changed role as President and Chief Executive Officer at HELIOS TECHNOLOGIES, INC..

Action: promoted
Role: President and Chief Executive Officer

Exact text from the filing

On January 6, 2025, Helios Technologies (the “Company”) announced that the board of directors of the Company (the “Board”) has promoted Sean Bagan to President and Chief Executive Officer of the Company, effective January 6, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philippe Lemaitre changed role as Non-Executive Chairman at HELIOS TECHNOLOGIES, INC..

Action: resumed role as Non-Executive Chairman
Role: Non-Executive Chairman

Exact text from the filing

Chairman Philippe Lemaitre, serving as Executive Chairman, will resume his role as Non-Executive Chairman.

View on SEC.gov

HELIOS TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-25-002133

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