leadership
confidence medium
sentiment neutral
materiality 0.50
OneWater Marine amends employment pacts; Singleton becomes Exec Chair, Aisquith CEO
OneWater Marine Inc.
- Philip Singleton transitions from CEO to Executive Chairman, Anthony Aisquith from COO to CEO, and Jack Ezzell adds COO role while remaining CFO (all effective Aug 15, 2025).
- New employment agreements executed Sept 25, 2025, retroactive to Feb 12, 2024, with multi-year initial term and automatic one-year renewals.
- Agreements provide for base salary, annual bonus opportunity, equity grants, severance benefits for qualifying termination, and customary restrictive covenants.
- Compensation details under each agreement are determined by the Compensation Committee; no specific dollar amounts disclosed in the filing.
item 5.02item 9.01