Workhorse appoints Robert Ginnan as CFO effective Jan 4, 2022

Workhorse Group Inc.

Ginnan receives base salary of $400,000/year, signing bonus of 100,000 restricted shares vesting over 3 years.
Eligible for annual cash bonus target at 50% of base salary, up to 100%, and LTIP equity target at 150% of base salary.
Ginnan most recently served as CEO of Family RV after serving as CFO; revenues grew from $80M to $200M during his tenure.
He succeeds Greg Ackerson, who served as Interim CFO since September 2021 and will return to Corporate Controller role.
Ginnan has 20+ years of senior finance experience, including multiple IT and accounting system installations.

item 5.02 item 7.01 item 9.01

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Appointed

Robert Ginnan

Chief Financial Officer

WKHS · Workhorse Group Inc.

Effective: 2022-01-04
Filed: January 4, 2022, 6:59 PM ET

On January 4, 2022, Workhorse Group Inc. (the “Company”) entered into an Employment Agreement with Robert Ginnan, age 58, pursuant to which he will become Chief Financial Officer of the Company (the “Employment Agreement”), effective January 4, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Ginnan was appointed as Chief Financial Officer at Workhorse Group Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On January 4, 2022, Workhorse Group Inc. (the “Company”) entered into an Employment Agreement with Robert Ginnan, age 58, pursuant to which he will become Chief Financial Officer of the Company (the “Employment Agreement”), effective January 4, 2022.

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Workhorse Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-000479

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