secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2022-08-18T23:59:59+00:00
Accession:  0001558370-22-013789
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan founder/CEO Bosselmann retires; Watson promoted to CEO, Deily named CFO
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- Founder and CEO Rainer Bosselmann retired effective August 16, 2022; remains on board.
- David H. Watson promoted from SVP/CFO to President and CEO; joins the Board.
- Richard H. Deily promoted to SVP, CFO, Treasurer and Corporate Secretary.
- William F. Leimkuhler appointed Chairman of the Board.
- Bosselmann receives $225,000 per annum for three years under retirement agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837022013789/0001558370-22-013789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837022013789/agx-20220816x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-013789

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