Farmer Bros. CEO Deverl Maserang Departs; John Moore Interim CEO and Brad Bollner Interim CFO

FARMER BROTHERS CO

CEO Deverl Maserang terminated without cause, effective Sept 30, 2023; will receive severance per his 2019 employment agreement.
John Moore, previously Head of Coffee since July 2023, appointed interim CEO effective Oct 1, 2023.
Brad Bollner, previously VP of Finance since Oct 2022, appointed interim CFO effective Oct 1, 2023.
Departure not due to any disagreement with the Company on operations, policies, or practices.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Brad Bollner

interim Chief Financial Officer

FARM · FARMER BROTHERS CO

Effective: 2023-10-01
Filed: September 6, 2023, 7:59 PM ET

The Board has appointed Brad Bollner, the Company’s Vice President of Finance, as interim Chief Financial Officer, effective October 1, 2023.

Departed

Deverl Maserang

President and Chief Executive Officer

FARM · FARMER BROTHERS CO

Effective: 2023-09-30
Successor: John Moore
Filed: September 6, 2023, 7:59 PM ET

On August 30, 2023, Farmer Bros. Co., a Delaware corporation (the “Company”), and Deverl Maserang, the Company’s President and Chief Executive Officer, agreed that Mr. Maserang’s employment with the Company will be terminated, without cause, effective September 30, 2023.

Appointed (interim)

John Moore

interim Chief Executive Officer

FARM · FARMER BROTHERS CO

Effective: 2023-10-01
Filed: September 6, 2023, 7:59 PM ET

The Board has appointed John Moore, the Company’s Head of Coffee, as interim Chief Executive Officer, effective October 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Bollner was appointed as interim Chief Financial Officer at FARMER BROTHERS CO.

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

The Board has appointed Brad Bollner, the Company’s Vice President of Finance, as interim Chief Financial Officer, effective October 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Deverl Maserang was terminated as President and Chief Executive Officer at FARMER BROTHERS CO.

Action: terminated
Role: President and Chief Executive Officer

Exact text from the filing

On August 30, 2023, Farmer Bros. Co., a Delaware corporation (the “Company”), and Deverl Maserang, the Company’s President and Chief Executive Officer, agreed that Mr. Maserang’s employment with the Company will be terminated, without cause, effective September 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Moore was appointed as interim Chief Executive Officer at FARMER BROTHERS CO.

Action: appointed
Role: interim Chief Executive Officer

Exact text from the filing

The Board has appointed John Moore, the Company’s Head of Coffee, as interim Chief Executive Officer, effective October 1, 2023.

View on SEC.gov

FARMER BROTHERS CO filing history →

Source: SEC EDGAR

accession 0001104659-23-098666

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.