secwatch.observer — SEC 8-K summary
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Issuer:     Blue Bird Corp (BLBD)
CIK:        0001589526
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001589526-23-000072
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Bird appoints Britton Smith as President, elects Mark Blaufuss to board, and approves executive retention awards
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- Philip Horrock remains CEO; Britton Smith promoted from SVP Electrification to President effective May 31, 2023.
- Director Alan Schumacher resigns effective June 30, 2023, citing no disagreement with company.
- Mark Blaufuss elected Class II director and Audit Committee Chairman; he is a Carlyle Operating Executive.
- Board approves special retention RSU awards: CEO Horlock 78,864 RSUs; President Smith, CFO Radulescu each 39,432 RSUs; SVP Scartz 27,603 RSUs.
- Executive base salaries set: Smith and Radulescu $500,000; Scartz $350,000; plus travel expense and relocation payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589526/000158952623000072/0001589526-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589526/000158952623000072/blbd-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001589526-23-000072

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