America's Car-Mart names Douglas Campbell as President, effective Oct 3, 2022

AMERICAS CARMART INC

Campbell receives $650k base salary, $500k cash signing bonus, 20k restricted shares (2-yr vest), 75k stock options (5-yr vest).
Qualifies for FY2023 target bonus of $115k based on same-store customer growth thresholds (80-120% payout).
Employment agreement includes non-compete, change-in-control provisions, severance of 12 months' salary if terminated without cause.
Campbell previously SVP Head of Fleet Services at Avis Budget; also held roles at AutoNation and Coral Springs Auto Mall.

item 5.02 item 7.01 item 9.01

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Appointed

Douglas Campbell

President

CRMT · AMERICAS CARMART INC

Effective: 2022-10-03
Filed: September 26, 2022, 7:59 PM ET

On September 26, 2022, America’s Car-Mart, Inc. (the “Company”) announced the appointment of Douglas Campbell as President of the Company effective October 3, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Campbell was appointed as President at AMERICAS CARMART INC.

Action: appointed
Role: President

Exact text from the filing

On September 26, 2022, America’s Car-Mart, Inc. (the “Company”) announced the appointment of Douglas Campbell as President of the Company effective October 3, 2022.

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AMERICAS CARMART INC filing history →

Source: SEC EDGAR

accession 0001171843-22-006233

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