BGSF appoints Keith Schroeder as CFO, replacing John Barnett in planned succession

BGSF, INC.

John Barnett resigned as CFO and Secretary effective March 17, 2025; will stay as advisor during transition.
Keith Schroeder, age 69, appointed CFO and Secretary effective March 18, 2025.
Initial base salary $350,000, increasing to $375,000 on March 13, 2026, and $400,000 on March 13, 2027.
Sign-on equity grant of $200,000 (50% stock options, 50% restricted stock) with three-year cliff vesting on March 13, 2028.
Eligible for annual bonus based on adjusted EBITDA and acquisition bonus of 1% of acquired company's 12-month adjusted EBITDA.

item 5.02 item 9.01

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Appointed

Keith Schroeder

Chief Financial Officer and Secretary

BGSF · BGSF, INC.

Effective: 2025-03-18
Filed: March 18, 2025, 7:59 PM ET

approved the appointment of Keith Schroeder, age 69, as Chief Financial Officer and Secretary of the Company, effective March 18, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Schroeder was appointed as Chief Financial Officer and Secretary at BGSF, INC..

Action: appointed
Role: Chief Financial Officer and Secretary

Exact text from the filing

approved the appointment of Keith Schroeder, age 69, as Chief Financial Officer and Secretary of the Company, effective March 18, 2025

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BGSF, INC. filing history →

Source: SEC EDGAR

accession 0001474903-25-000018

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