American Vanguard appoints Matthew Horwath CFO; David Johnson moves to Chief Accounting Officer

AMERICAN VANGUARD CORP

New CFO Matthew Horwath receives $450,000 base salary, 60% target bonus, 150,000 stock options and 100,000 restricted shares vesting evenly over three years
Horwath also gets a $6,667 monthly relocation bonus and $10,000 monthly travel allowance, each paid over 15 months
David Johnson ceased as CFO and became Chief Accounting Officer, serving through the FY2026 10-K (expected March 2027) and in a non-executive role until Sept 30, 2027
Johnson's transition agreement sets base salary of $20,834 per month and severance of 1.5x salary plus average cash incentive, 18 months health coverage and up to $10,000 outplacement
Horwath was previously CFO at Kustom US and FARO Technologies (Nasdaq: FARO), which AMETEK acquired in July 2025; he is a CPA and ex-Ernst & Young audit manager

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