secwatch.observer — SEC 8-K summary
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Issuer:     Mayville Engineering Company, Inc. (MEC)
CIK:        0001766368
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001558370-22-010850
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mayville Engineering appoints Jag A. Reddy as President & CEO effective July 19, 2022
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- Jag Reddy, former W.R. Grace strategy head, named CEO; base salary $675K, target bonus 100% of salary.
- Retired CEO Bob Kamphuis remains in consultative role through Sept 30, 2022.
- Independent director Timothy L. Christen appointed non-executive Board Chair.
- Steven L. Fisher becomes Audit Committee Chair; Jennifer J. Kent becomes Compensation Committee Chair.
- Severance agreements also signed with EVP Ryan Raber and COO Randall Stille for one times base plus target bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766368/000155837022010850/0001558370-22-010850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766368/000155837022010850/tmb-20220719x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010850

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer