secwatch.observer — SEC 8-K summary
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Issuer:     Bowman Consulting Group Ltd. (BWMN)
CIK:        0001847590
Form:       8-K
Filed at:   2024-07-10T23:59:59+00:00
Accession:  0001193125-24-177021
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowman Consulting promotes Bruen to President, Swayze to COO, renews CFO contract
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- Michael Bruen promoted to President, effective July 1, 2024; Gary Bowman remains CEO and Chair.
- Daniel Swayze promoted to Executive VP and COO, with annual base salary of $457,184 and bonus up to 60%.
- Bruce Labovitz enters new employment agreement through June 30, 2028, with base salary of $500,000 and equity awards of 150,000 RSUs and 100,000 PSUs.
- Labovitz's new contract includes enhanced severance terms for termination without cause or change in control.
- Swayze joined Bowman in 2022; previously COO at Onyx Renewable Partners L.P., a Blackstone company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847590/000119312524177021/0001193125-24-177021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847590/000119312524177021/d863658d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-177021

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