Custom Truck One Source Names New CFO, Elects Directors

TL;DR

CTOS names Ryan McKenney as new CFO, effective June 14. Board changes also announced.

AI Summary

Custom Truck One Source, Inc. announced on June 13, 2024, the appointment of Ryan M. McKenney as Chief Financial Officer, effective June 14, 2024. McKenney previously served as the company's Interim CFO and brings extensive financial leadership experience. The company also reported on the election of new directors and the approval of an equity incentive plan.

Why It Matters

The appointment of a permanent CFO is crucial for financial stability and investor confidence. Changes in board composition can signal shifts in strategic direction.

Risk Assessment

Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty regarding future strategy and financial performance.

Key Players & Entities

• Custom Truck One Source, Inc. (company) — Registrant
• Ryan M. McKenney (person) — Appointed Chief Financial Officer
• June 13, 2024 (date) — Date of Report
• June 14, 2024 (date) — Effective date for CFO appointment

FAQ

Key Financial Figures

• $0.0001 — ange on Which Registered Common Stock, $0.0001 par value CTOS New York Stock Exchange

Filing Documents

• ctos-20240613.htm (8-K) — 47KB
• 0001709682-24-000045.txt ( ) — 169KB
• ctos-20240613.xsd (EX-101.SCH) — 2KB
• ctos-20240613_lab.xml (EX-101.LAB) — 21KB
• ctos-20240613_pre.xml (EX-101.PRE) — 12KB
• ctos-20240613_htm.xml (XML) — 3KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On June 13, 2024, the Company held an annual meeting of stockholders to vote on the following proposals, as described in more detail in the Company's Proxy Statement: Proposal One : To elect three Class B directors to serve until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified. In accordance with the voting results listed below, each of the nominees was elected as a Class B director. Nominee For Withheld Broker Non-Votes Marshall Heinberg 161,990,059 20,379,128 10,968,984 Louis Samson 168,343,010 14,026,177 10,968,984 David Wolf 167,362,584 15,006,603 10,968,984 Proposal Two : To approve, on an advisory basis, the compensation of the Company's named executive officers. In accordance with the voting results listed below, the compensation of the Company's named executive officers was approved by stockholders. For Against Abstain Broker Non-Votes 180,138,294 2,218,584 12,309 10,968,984 Proposal Three : To approve the Amendment. In accordance with the voting results listed below, the Amendment to the 2019 Omnibus Incentive Plan was approved by stockholders. For Against Abstain Broker Non-Votes 165,853,216 16,512,440 3,531 10,968,984 Proposal Four : To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2024. In accordance with the voting results listed below, the appointment of Ernst & Young LLP was ratified by stockholders. For Against Abstain 192,875,201 47,901 415,069

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 1 to the Custom Truck One Source, Inc. Amended and Restated 2019 Omnibus Incentive Plan (filed as Annex A to Custom Truck One Source, Inc.'s Definitive Proxy Statement on Schedule 14A filed on April 26, 2024, File No. 001-38186, and incorporated herein by reference) 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 14, 2024 Custom Truck One Source, Inc. /s/ Christopher J. Eperjesy Christopher J. Eperjesy Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR