Titan Machinery CFO Mark Kalvoda resigns; stays until Jan 2023

Titan Machinery Inc.

Kalvoda notified resignation on April 20, 2022; effective January 15, 2023.
He will continue as CFO until a successor is appointed to ensure a smooth transition.
Compensation: base salary rising to $500,000/yr from June 1, 2022; pro-rata FY2023 bonus; accelerated vesting of restricted stock on departure.
Company will immediately begin a search for a new CFO.

item 5.02 item 9.01

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Departed

Mark Kalvoda

Chief Financial Officer

TITN · Titan Machinery Inc.

Filed: April 25, 2022, 7:59 PM ET

On April 20, 2022, Mark Kalvoda, the Chief Financial Officer of Titan Machinery, Inc. (the “Company”), provided notice of his decision to resign his employment with the Company.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Kalvoda resigned as Chief Financial Officer at Titan Machinery Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On April 20, 2022, Mark Kalvoda, the Chief Financial Officer of Titan Machinery, Inc. (the “Company”), provided notice of his decision to resign his employment with the Company.

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Source: SEC EDGAR

accession 0001409171-22-000031

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