---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-167079"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:40:14.275189+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NN Inc. appoints Chris Bohnert as CFO, replacing Mike Felcher effective June 25, 2024

## Summary
- CFO Mike Felcher resigned June 24, 2024; no disagreement with company; will consult at $230/hr for one month.
- New CFO Chris Bohnert (30 yrs experience, ex-CVGI CFO) gets base salary of $425,000 and 50% target bonus, with $60k minimum for 2024.
- Inducement grant: 189,000 time-vesting RSUs vesting ratably over 5 years; no further equity expected before 2029.
- Also granted 287,000 PSUs tied to stock price milestones ($5-$11); earned only if shareholders see value creation.
- CEO says Bohnert will 'accelerate transformation'; company anticipates no additional long-term equity awards through 2028.

## SEC filing metadata
- accession: 0001193125-24-167079
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000119312524167079/0001193125-24-167079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000119312524167079/d838374d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-167079
- JSON: https://secwatch.observer/filing/0001193125-24-167079.json
- Plain text: https://secwatch.observer/filing/0001193125-24-167079.txt

## Key facts
- Executive change
  Christopher H. Bohnert was appointed as Senior Vice President, Chief Financial Officer at NN INC.
  - Action: appointed
  - Role: Senior Vice President, Chief Financial Officer
  source text: the Board also announced that Christopher H. Bohnert has been appointed to fill the newly-created vacancy of Senior Vice President, Chief Financial Officer, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000119312524167079/0001193125-24-167079-index.htm
- Executive change
  Michael C. Felcher resigned as Senior Vice President, Chief Financial Officer at NN INC.
  - Action: resigned
  - Role: Senior Vice President, Chief Financial Officer
  source text: On June 24, 2024, the Board of Directors (the “Board”) of NN, Inc. (the “Company”) announced that Michael C. Felcher, Senior Vice President, Chief Financial Officer, tendered his resignation from the Company, effective as of the close of business on June 24, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000119312524167079/0001193125-24-167079-index.htm

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