---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-26-000012"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:36:23.753203+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 and Kelly Brown as permanent Co-CEOs; Brown's employment agreement disclosed

## Summary
- Kelly Brown named permanent Co-CEO effective Feb 24, 2026; employment agreement through Dec 31, 2027 with auto-renewal.
- Base salary of $375,000; eligible for annual bonus tied to BGSF adjusted EBITDA under variable pay plan.
- Acquisition bonus: 1% of acquired company's adjusted EBITDA for first 12 months post-close if Brown is involved.
- Severance: 12 months base salary on termination without cause or for good reason; 18 months if within 1 year of change in control.
- Post-employment covenants: 12-month non-compete, 18-month non-solicit of clients/employees, and confidentiality agreement.

## SEC filing metadata
- accession: 0001474903-26-000012
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2026-03-02T23:59:59+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/1474903/000147490326000012/0001474903-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490326000012/bgsf-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-26-000012
- JSON: https://secwatch.observer/filing/0001474903-26-000012.json
- Plain text: https://secwatch.observer/filing/0001474903-26-000012.txt

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