MEC CEO Robert D. Kamphuis to retire on Sept 30, 2022; national search launched

Mayville Engineering Company, Inc.

Kamphuis, CEO since 2005, will retire as Chairman, President and CEO on September 30, 2022.
Under his leadership, MEC grew from ~$62M revenue (660 employees) to ~$450M (2,250 employees) by 2021.
Company retains a nationally recognized executive search firm to find a new CEO.
Retirement agreement provides base salary through Sept 30, pro-rated 2022 bonus; unvested equity forfeited.
Company will repurchase Kamphuis's residence at original price if requested before March 15, 2023.

item 5.02 item 9.01

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Departed

Robert D. Kamphuis

Chairman, President and Chief Executive Officer

MEC · Mayville Engineering Company, Inc.

Effective: 2022-09-30
Filed: April 1, 2022, 7:59 PM ET

On March 31, 2022 Mayville Engineering Company, Inc. (the “Company”) announced that Robert D. Kamphuis, the Company’s Chairman, President and Chief Executive Officer, will retire (including as a director of the Company) as of September 30, 2022 (the “Retirement Date”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert D. Kamphuis departed as Chairman, President and Chief Executive Officer at Mayville Engineering Company, Inc..

Action: retire
Role: Chairman, President and Chief Executive Officer

Exact text from the filing

On March 31, 2022 Mayville Engineering Company, Inc. (the “Company”) announced that Robert D. Kamphuis, the Company’s Chairman, President and Chief Executive Officer, will retire (including as a director of the Company) as of September 30, 2022 (the “Retirement Date”).

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Mayville Engineering Company, Inc. filing history →

Source: SEC EDGAR

accession 0001564590-22-013079

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