---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-065851"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:31:18.946076+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Vanguard announces director retirement/appointment, severance plan, and $0.03 dividend

## Summary
- Director Morton Erlich to retire after 11 years; Steven Macicek appointed as Audit Committee Chair, effective ~March 15, 2024.
- Board adopted severance plan for Section 16 officers (excl. CEO): up to 18 months' pay plus equity acceleration and COBRA on qualified termination.
- Declared quarterly cash dividend of $0.03 per share, payable April 10, 2024 to holders of record March 27, 2024.
- Macicek formerly Global Client Services Partner at EY, brings governance expertise; recruited via James Drury Partners.

## SEC filing metadata
- accession: 0001193125-24-065851
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312524065851/0001193125-24-065851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312524065851/d758429d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-065851
- JSON: https://secwatch.observer/filing/0001193125-24-065851.json
- Plain text: https://secwatch.observer/filing/0001193125-24-065851.txt

## Key facts
- Executive change
  Morton D. Erlich retired as Director at AMERICAN VANGUARD CORP.
  - Action: retired
  - Role: Director
  source text: On March 7, 2024, American Vanguard Corporation (“Registrant”) issued a press release announcing that Morton D. Erlich had retired from Registrant’s board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/5981/000119312524065851/0001193125-24-065851-index.htm
- Executive change
  Steven Macicek was appointed as Director at AMERICAN VANGUARD CORP.
  - Action: appointed
  - Role: Director
  source text: Registrant announced its board of directors had appointed Steven Macicek to fill the vacancy to be created by Mr. Erlich’s departure and to commence service on its board effective after the close of business on day upon which Mr. Erlich’s retirement is deemed to be effective (which, in all probability) will be March 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/5981/000119312524065851/0001193125-24-065851-index.htm

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