---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-23-000027"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:53:28.493728+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BGSF appoints John Barnett as CFO; Hollenbach retiring; declares $0.15 quarterly dividend

## Summary
- John Barnett appointed CFO & Secretary effective March 20, 2023, succeeding Dan Hollenbach.
- Barnett receives base salary $350K (rising to $400K by 2025), 6,375 RSUs & 15,400 options with 3-year cliff vest.
- Dan Hollenbach resigns as CFO/Secretary; will serve as senior advisor through April 30, 2024.
- Board declares quarterly cash dividend of $0.15 per share.
- Barnett has 25 yrs experience; prior CFO of Protective Insurance and First Acceptance.

## SEC filing metadata
- accession: 0001474903-23-000027
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000027/0001474903-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000027/bgsf-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-23-000027
- JSON: https://secwatch.observer/filing/0001474903-23-000027.json
- Plain text: https://secwatch.observer/filing/0001474903-23-000027.txt

## Key facts
- Executive change
  John Barnett was appointed as Chief Financial Officer and Secretary at BGSF, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Secretary
  source text: On March 3, 2023, the Board of Directors of BGSF, Inc. (“BGSF” or the “Company”) approved the appointment of John Barnett, age 56, as Chief Financial Officer and Secretary of the Company, effective March 20, 2023 (the “Commencement Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474903/000147490323000027/0001474903-23-000027-index.htm

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