Custom Truck One Source appoints Ryan McMonagle CEO, Fred Ross to Founder role

Custom Truck One Source, Inc.

Fred Ross to retire as CEO effective March 20, 2023; will continue as Founder and Board member.
Ryan McMonagle, current President & COO, appointed CEO effective March 20, 2023.
McMonagle employment agreement: base salary $850,000, annual bonus target 50% of base, initial 5-year term.
Ross employment agreement as Founder: base salary $800,000, annual bonus target 50% of base, one-year term.
Succession part of Board's planned transition; McMonagle joined CTOS in 2015 as CFO.

item 5.02 item 7.01 item 9.01

Executive movements

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

Role change

Fred Ross

Chief Executive Officer

CTOS · Custom Truck One Source, Inc.

Effective: 2023-03-20
Successor: Ryan McMonagle
Filed: December 7, 2022, 6:59 PM ET

Mr. McMonagle succeeds Fred Ross, the Company’s Chief Executive Officer, who notified the Board on December 7, 2022 that he would be retiring as Chief Executive Officer, effective March 20, 2023.

Appointed

Ryan McMonagle

Chief Executive Officer

CTOS · Custom Truck One Source, Inc.

Effective: 2023-03-20
Filed: December 7, 2022, 6:59 PM ET

On December 7, 2022, the Board of Directors (the “Board”) of Custom Truck One Source, Inc. (the “Company”) appointed Ryan McMonagle as Chief Executive Officer, effective March 20, 2023, as part of the Board’s succession plan.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Fred Ross changed role as Chief Executive Officer at Custom Truck One Source, Inc..

Action: retiring
Role: Chief Executive Officer

Exact text from the filing

Mr. McMonagle succeeds Fred Ross, the Company’s Chief Executive Officer, who notified the Board on December 7, 2022 that he would be retiring as Chief Executive Officer, effective March 20, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan McMonagle was appointed as Chief Executive Officer at Custom Truck One Source, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On December 7, 2022, the Board of Directors (the “Board”) of Custom Truck One Source, Inc. (the “Company”) appointed Ryan McMonagle as Chief Executive Officer, effective March 20, 2023, as part of the Board’s succession plan.

View on SEC.gov

Custom Truck One Source, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-078238

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