8-K filed March 5, 2025, 6:59 PM ET ticker DAKT CIK 0000915779

leadership confidence high sentiment neutral materiality 0.70

Daktronics CEO Reece Kurtenbach steps down; Brad Wiemann named interim CEO, Howard Atkins Acting CFO

DAKTRONICS INC /SD/

CEO Kurtenbach ceases as President/CEO effective March 5, 2025; to remain as advisor for digital transformation; receives $1.8M severance, partial equity vesting.
Brad Wiemann, EVP since 2012, appointed interim President and CEO; monthly cash compensation $60,000 plus RSU grant of ~$300,000.
Howard Atkins appointed Acting CFO and Chief Transformation Officer; monthly rate $75,000 plus $225,000 signing bonus and $150,000 RSU grant.
Sheila Anderson transitions to Chief Data and Analytics Officer (role assumed Oct 2024); remains principal accounting officer.
Board adopts Retention Plan and grants retention RSUs to certain executives (totaling ~$578,000) to incentivize retention during transition.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Andrew Siegel

independent Chair of the Board

DAKT · DAKTRONICS INC /SD/

Effective: 2025-03-05
Filed: March 5, 2025, 6:59 PM ET

Andrew Siegel, who currently serves as Lead Independent Director of the Board, has been appointed to fill the role of independent Chair of the Board, effective as of the close of business March 5, 2025.

Departed

Reece Kurtenbach

Chairman of the Board

DAKT · DAKTRONICS INC /SD/

Effective: 2025-03-05
Successor: Andrew Siegel
Filed: March 5, 2025, 6:59 PM ET

Mr. Kurtenbach will no longer serve as Chairman of the Board and Andrew Siegel, who currently serves as Lead Independent Director of the Board, has been appointed to fill the role of independent Chair of the Board, effective as of the close of business March 5, 2025.

Appointed (interim)

Brad Wiemann

interim President and Chief Executive Officer

DAKT · DAKTRONICS INC /SD/

Effective: 2025-03-05
Filed: March 5, 2025, 6:59 PM ET

the Board appointed Brad Wiemann as interim President and Chief Executive Officer of the Company, effective as of the close of business March 5, 2025.

Departed (interim)

Reece Kurtenbach

President and Chief Executive Officer

DAKT · DAKTRONICS INC /SD/

Effective: 2025-03-05
Successor: Brad Wiemann
Filed: March 5, 2025, 6:59 PM ET

Reece Kurtenbach will cease to serve as the President and Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Siegel was appointed as independent Chair of the Board at DAKTRONICS INC /SD/.

Action: appointed
Role: independent Chair of the Board

Exact text from the filing

Andrew Siegel, who currently serves as Lead Independent Director of the Board, has been appointed to fill the role of independent Chair of the Board, effective as of the close of business March 5, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Reece Kurtenbach departed as Chairman of the Board at DAKTRONICS INC /SD/.

Action: no longer serve as
Role: Chairman of the Board

Exact text from the filing

Mr. Kurtenbach will no longer serve as Chairman of the Board and Andrew Siegel, who currently serves as Lead Independent Director of the Board, has been appointed to fill the role of independent Chair of the Board, effective as of the close of business March 5, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Wiemann was appointed as interim President and Chief Executive Officer at DAKTRONICS INC /SD/.

Action: appointed
Role: interim President and Chief Executive Officer

Exact text from the filing

the Board appointed Brad Wiemann as interim President and Chief Executive Officer of the Company, effective as of the close of business March 5, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Reece Kurtenbach departed as President and Chief Executive Officer at DAKTRONICS INC /SD/.

Action: ceased to serve
Role: President and Chief Executive Officer

Exact text from the filing

Reece Kurtenbach will cease to serve as the President and Chief Executive Officer of the Company.

View on SEC.gov

DAKTRONICS INC /SD/ filing history →

Source: SEC EDGAR

accession 0001193125-25-047361

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