Fox Factory President of Powered Vehicles Group steps down; transitions to Senior Executive Advisor

FOX FACTORY HOLDING CORP

Richard T. Winters stepped down as President, Powered Vehicles Group effective Aug 5, 2022; now Senior Executive Advisor.
Base salary reduced to $225,000 per annum; no future performance bonuses or equity awards.
Employment term ends August 4, 2023, unless earlier terminated; at-will employment continues.
No dispute or disagreement with company or board regarding operations or policies.

item 5.02 item 9.01

Executive movements

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Role change

Richard T. Winters

President, Powered Vehicles Group

FOXF · FOX FACTORY HOLDING CORP

Effective: 2022-08-05
Filed: August 8, 2022, 7:59 PM ET

On August 5, 2022, Fox Factory, Inc. (“Fox Inc.”), a wholly owned subsidiary of Fox Factory Holding Corp. (the “Company”), and Mr. Richard T. Winters agreed to a transition plan whereby Mr. Winters would step down from his role as President, Powered Vehicles Group and transition to a Senior Executive Advisor role.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard T. Winters changed role as President, Powered Vehicles Group at FOX FACTORY HOLDING CORP.

Action: stepped down from role and transitioned to Senior Executive Advisor
Role: President, Powered Vehicles Group

Exact text from the filing

On August 5, 2022, Fox Factory, Inc. (“Fox Inc.”), a wholly owned subsidiary of Fox Factory Holding Corp. (the “Company”), and Mr. Richard T. Winters agreed to a transition plan whereby Mr. Winters would step down from his role as President, Powered Vehicles Group and transition to a Senior Executive Advisor role.

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Source: SEC EDGAR

accession 0001424929-22-000122

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