Holley appoints Jesse Weaver as CFO, effective December 12, 2022

Holley Inc.

Jesse Weaver appointed CFO, succeeding interim CFO Stephen Trussell; Trussell remains VP of Finance.
Weaver previously SVP Finance at SmileDirectClub, VP FP&A at Dollar General, finance roles at Yum! Brands.
Compensation: base salary $435,000; annual bonus 65%-130% of base; signing bonus $225,000 (repayable if leaves within 2 years).
Annual stock grant of 150% base salary starting 2023, plus one-time RSU grant of $100,000 vesting over 2 years.
Severance: 6 months base salary if terminated without cause.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jesse Weaver

Chief Financial Officer

HLLY · Holley Inc.

Effective: 2022-12-12
Filed: December 12, 2022, 6:59 PM ET

On December 12, 2022, Holley Inc. (the “Company”) announced that the board of directors of the Company (the “Board”) approved the appointment of Jesse Weaver, 41, as the Company’s Chief Financial Officer, effective immediately.

Role change

Stephen Trussell

Vice President of Finance

HLLY · Holley Inc.

Effective: 2022-12-12
Successor: Jesse Weaver
Filed: December 12, 2022, 6:59 PM ET

Mr. Weaver will succeed Stephen Trussell, who has served as the Company’s Interim Chief Financial Officer since September 30, 2022. Mr. Trussell will continue as the Company’s Vice President of Finance, a role he has held since 2009.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jesse Weaver was appointed as Chief Financial Officer at Holley Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On December 12, 2022, Holley Inc. (the “Company”) announced that the board of directors of the Company (the “Board”) approved the appointment of Jesse Weaver, 41, as the Company’s Chief Financial Officer, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Stephen Trussell changed role as Vice President of Finance at Holley Inc..

Action: continue
Role: Vice President of Finance

Exact text from the filing

Mr. Weaver will succeed Stephen Trussell, who has served as the Company’s Interim Chief Financial Officer since September 30, 2022. Mr. Trussell will continue as the Company’s Vice President of Finance, a role he has held since 2009.

View on SEC.gov

Holley Inc. filing history →

Source: SEC EDGAR

accession 0001437749-22-028911

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