Titan Machinery appoints Bo Larsen as CFO; effective Dec 1, 2022; replaces Mark Kalvoda

Titan Machinery Inc.

Robert (Bo) Larsen, 37, named CFO and Treasurer; joins from CNH Industrial precision technology group.
Starting base salary $400,000; eligible for cash bonus of 0-150% of base and annual equity grant equal to base salary.
Sign-on restricted stock award of $50,000 vesting 25% annually over four years.
Outgoing CFO Mark Kalvoda remains in advisory role through Jan 15, 2023 for transition.

item 5.02 item 9.01

Executive movements

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Departed

Mark Kalvoda

Chief Financial Officer and Treasurer

TITN · Titan Machinery Inc.

Effective: 2022-12-01
Successor: Robert Larsen
Filed: September 30, 2022, 7:59 PM ET

The Company’s current Chief Financial Officer and Treasurer, Mark Kalvoda, will retain those offices until the effective date of Mr. Larsen’s appointment.

Appointed

Robert Larsen

Chief Financial Officer and Treasurer

TITN · Titan Machinery Inc.

Effective: 2022-12-01
Filed: September 30, 2022, 7:59 PM ET

On September 30, 2022, Titan Machinery Inc. (the “Company”) announced the appointment of Robert Larsen, age 37, as the Company’s Chief Financial Officer and Treasurer, effective December 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Mark Kalvoda departed as Chief Financial Officer and Treasurer at Titan Machinery Inc..

Action: will cease to hold offices
Role: Chief Financial Officer and Treasurer

Exact text from the filing

The Company’s current Chief Financial Officer and Treasurer, Mark Kalvoda, will retain those offices until the effective date of Mr. Larsen’s appointment.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Larsen was appointed as Chief Financial Officer and Treasurer at Titan Machinery Inc..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On September 30, 2022, Titan Machinery Inc. (the “Company”) announced the appointment of Robert Larsen, age 37, as the Company’s Chief Financial Officer and Treasurer, effective December 1, 2022.

View on SEC.gov

Titan Machinery Inc. filing history →

Source: SEC EDGAR

accession 0001409171-22-000079

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