---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-25-000018"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T13:31:57.434357+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001474903-25-000018
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000018/0001474903-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000018/bgsf-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-25-000018
- JSON: https://secwatch.observer/filing/0001474903-25-000018.json
- Plain text: https://secwatch.observer/filing/0001474903-25-000018.txt

## Key facts
- Executive change
  Keith Schroeder was appointed as Chief Financial Officer and Secretary at BGSF, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Secretary
  source text: approved the appointment of Keith Schroeder, age 69, as Chief Financial Officer and Secretary of the Company, effective March 18, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000018/0001474903-25-000018-index.htm

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