---
schema_version: "secwatch.filing_event.v1"
accession: "0001409171-22-000079"
form_type: "8-K"
ticker: "TITN"
cik: "0001409171"
company_name: "Titan Machinery Inc."
filed_at: "2022-09-30T23:59:59+00:00"
generated_at: "2026-06-23T06:18:32.721099+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001409171-22-000079
- form_type: 8-K
- ticker: TITN
- cik: 0001409171
- company_name: Titan Machinery Inc.
- filed_at: 2022-09-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000079/0001409171-22-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000079/a8-knewcfo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409171-22-000079
- JSON: https://secwatch.observer/filing/0001409171-22-000079.json
- Plain text: https://secwatch.observer/filing/0001409171-22-000079.txt

## Key facts
- Executive change
  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
  source text: The Company’s current Chief Financial Officer and Treasurer, Mark Kalvoda, will retain those offices until the effective date of Mr. Larsen’s appointment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000079/0001409171-22-000079-index.htm
- Executive change
  Robert Larsen was appointed as Chief Financial Officer and Treasurer at Titan Machinery Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000079/0001409171-22-000079-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.