Holley Inc. Appoints New Director
Ticker: HLLY-WT · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1822928
| Field | Detail |
|---|---|
| Company | Holley INC. (HLLY-WT) |
| Form Type | 8-K |
| Filed Date | Jul 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, management-change
Related Tickers: TEN
TL;DR
Holley Inc. just added a new director, Brian J. Baker, effective July 1st.
AI Summary
Holley Inc. announced on July 3, 2024, that effective July 1, 2024, its Board of Directors elected Brian J. Baker as a Class II Director. Baker will serve until the company's 2026 annual meeting of stockholders and will be a member of the Audit Committee and the Compensation Committee. He previously served as the Chief Financial Officer of Tenneco Inc.
Why It Matters
The addition of a new director with financial expertise could signal a strategic shift or a focus on financial oversight for Holley Inc.
Risk Assessment
Risk Level: low — The filing reports a routine board appointment, which typically carries low risk.
Key Players & Entities
- Holley Inc. (company) — Registrant
- Brian J. Baker (person) — Newly elected Class II Director
- July 3, 2024 (date) — Filing Date
- July 1, 2024 (date) — Effective Date of Director Election
- Tenneco Inc. (company) — Former employer of new director
FAQ
Who is the new director appointed to Holley Inc.'s Board?
Brian J. Baker was elected as a Class II Director.
When was the director appointment effective?
The appointment was effective as of July 1, 2024.
What committees will the new director serve on?
Brian J. Baker will serve on the Audit Committee and the Compensation Committee.
Until when is the new director elected to serve?
He is elected to serve until the company's 2026 annual meeting of stockholders.
What was Brian J. Baker's previous role?
He previously served as the Chief Financial Officer of Tenneco Inc.
Filing Stats: 481 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-07-03 16:06:36
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share HLLY New York Stock Excha
- $11.50 — of common stock at an exercise price of $11.50 per share HLLY WS New York Stock Ex
Filing Documents
- hlly20240625c_8k.htm (8-K) — 26KB
- 0001437749-24-022174.txt ( ) — 175KB
- hlly-20240701.xsd (EX-101.SCH) — 4KB
- hlly-20240701_def.xml (EX-101.DEF) — 14KB
- hlly-20240701_lab.xml (EX-101.LAB) — 18KB
- hlly-20240701_pre.xml (EX-101.PRE) — 14KB
- hlly20240625c_8k_htm.xml (XML) — 5KB
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. HOLLEY INC. By: /s/ Jesse Weaver Name: Jesse Weaver Title: Chief Financial Officer Date: July 3, 2024