---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-027588"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:43:53.737003+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality CEO Brad Archer to step down by Dec 31, 2022; prelim 2021 revenue ~$290M, above guidance

## Summary
- Brad Archer resigns as President, CEO and board member effective Dec 31, 2022; will assist transition as senior strategic advisor.
- Board forms search committee and will engage executive search firm to identify successor CEO.
- Preliminary 2021 revenue ~$290M, up 29% YoY and 2% above prior high-end guidance.
- Company expects to meet or exceed high-end of all previously announced 2021 financial outlook ranges.
- New form executive RSU and PSU award agreements adopted under 2019 Incentive Plan.

## SEC filing metadata
- accession: 0001104659-22-027588
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000110465922027588/0001104659-22-027588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000110465922027588/tm227671d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-027588
- JSON: https://secwatch.observer/filing/0001104659-22-027588.json
- Plain text: https://secwatch.observer/filing/0001104659-22-027588.txt

## Key facts
- Executive change
  James B. Archer resigned as President, Chief Executive Officer and Director at Target Hospitality Corp..
  - Action: resigned
  - Role: President, Chief Executive Officer and Director
  source text: Target Hospitality Corp. (the “Company”) announced on February 28, 2022 that Mr. James B. Archer, who is currently President and Chief Executive Officer of the Company and a member of the Company’s Board of Directors (the “Board”), plans to step down as President and Chief Executive Officer and as a member of the Board effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000110465922027588/0001104659-22-027588-index.htm

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