---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-271763"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:51:45.733427+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Vanguard appoints Dak Kaye as CEO effective Dec 9; base salary $650K

## Summary
- Douglas A. ("Dak") Kaye III named CEO effective Dec 9, 2024, succeeding the Office of CEO.
- Employment agreement includes $650K base salary, 100% target bonus (max 180% of base), and $300K initial bonus.
- Equity awards include performance share units and time-based restricted stock totaling over $1.65M face value.
- Board targets transformation to 15% adjusted EBITDA margin; Kaye previously President, North America at Albaugh.
- Kaye brings 13 years of global crop protection experience; will be based at Newport Beach HQ from Jan 6, 2025.

## SEC filing metadata
- accession: 0001193125-24-271763
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312524271763/0001193125-24-271763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312524271763/d919716d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-271763
- JSON: https://secwatch.observer/filing/0001193125-24-271763.json
- Plain text: https://secwatch.observer/filing/0001193125-24-271763.txt

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