secwatch.observer — SEC 8-K summary
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Issuer:     Mayville Engineering Company, Inc. (MEC)
CIK:        0001766368
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001564590-22-013079
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766368/000156459022013079/0001564590-22-013079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766368/000156459022013079/mec-8k_20220331.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-013079

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