AMMO hires Jared Smith as COO/President effective Jan 3; Goodmanson resigns

Outdoor Holding Co

Rob Goodmanson resigned as President (eff. Dec 31); will remain on board through Jan 5, 2023 annual meeting.
Jared Smith appointed COO and President (eff. Jan 3); previously GM at Fiocchi, grew revenue from $95M to $200M+.
Smith's contract: $475K base salary, 200K shares/year, performance bonus, and change-in-control vesting.
Company repurchased ~150K shares at avg $1.92 under $30M buyback program; $29.7M remaining, expires Feb 2023.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Rob Goodmanson

President

POWW · Outdoor Holding Co

Effective: 2022-12-31
Filed: December 16, 2022, 6:59 PM ET

Rob Goodmanson resigned as President of the Company effective December 31, 2022.

Appointed

Jared R. Smith

Chief Operating Officer and President

POWW · Outdoor Holding Co

Effective: 2023-01-03
Filed: December 16, 2022, 6:59 PM ET

On December 15, 2022, Ammo, Inc. (the “Company”) appointed Mr. Jared R. Smith, age 44, as Chief Operating Officer and President of the Company effective January 3, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Rob Goodmanson resigned as President at Outdoor Holding Co.

Action: resigned
Role: President

Exact text from the filing

Rob Goodmanson resigned as President of the Company effective December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jared R. Smith was appointed as Chief Operating Officer and President at Outdoor Holding Co.

Action: appointed
Role: Chief Operating Officer and President

Exact text from the filing

On December 15, 2022, Ammo, Inc. (the “Company”) appointed Mr. Jared R. Smith, age 44, as Chief Operating Officer and President of the Company effective January 3, 2023.

View on SEC.gov

Outdoor Holding Co filing history →

Source: SEC EDGAR

accession 0001493152-22-035751

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