Argan boosts quarterly dividend 25% to $0.375; appoints new CFO

ARGAN INC

Dividend raised to $0.375/share from $0.30 (25% increase); payable Oct 31, record Oct 23.
Joshua S. Baugher promoted to SVP, CFO, and Treasurer effective Sept 16, succeeding retiring Richard Deily.
Baugher, previously VP & Corporate Controller (since 2022), receives $250K base salary and 75% target bonus.
CEO David Watson and Gemma Power Systems president Charles Collins entered new employment agreements through Sept 2027.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Joshua S. Baugher

Senior Vice President, Chief Financial Officer and Treasurer

AGX · ARGAN INC

Effective: 2024-09-16
Filed: September 18, 2024, 7:59 PM ET

The Board of Directors (the “Board”) of Argan, Inc. (“Argan” or the “Company”) has promoted Joshua S. Baugher, age 44, to be the Company’s Senior Vice President, Chief Financial Officer and Treasurer effective September 16, 2024.

Departed

Richard H. Deily

Chief Financial Officer

AGX · ARGAN INC

Effective: 2024-09-15
Successor: Joshua S. Baugher
Filed: September 18, 2024, 7:59 PM ET

Richard H. Deily who retired as Chief Financial Officer on September 15, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joshua S. Baugher was appointed as Senior Vice President, Chief Financial Officer and Treasurer at ARGAN INC.

Action: promoted
Role: Senior Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

The Board of Directors (the “Board”) of Argan, Inc. (“Argan” or the “Company”) has promoted Joshua S. Baugher, age 44, to be the Company’s Senior Vice President, Chief Financial Officer and Treasurer effective September 16, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard H. Deily retired as Chief Financial Officer at ARGAN INC.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

Richard H. Deily who retired as Chief Financial Officer on September 15, 2024

View on SEC.gov

ARGAN INC filing history →

Source: SEC EDGAR

accession 0001558370-24-012880

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.