secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001437749-23-014875
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley appoints Matthew Stevenson as President and CEO, effective June 6, 2023
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- Matthew Stevenson appointed President and CEO, effective June 6, 2023; replaces interim CEO Michelle Gloeckler.
- Previously President and CEO of Blue Bird Corporation (NASDAQ: BLBD), led operational turnaround.
- Compensation: $700k base salary, $700k signing bonus, 1M RSUs + 1.52M PSUs with stock price milestones ($5-$15).
- Matthew Rubel continues as Executive Chairman for orderly transition.
- Stevenson brings 25 years experience from Daimler, Bridgestone, and Terminix.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923014875/0001437749-23-014875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923014875/hlly20230515_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-014875

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer