Champion Homes Appoints New CFO, Grants Stock
Ticker: SKY · Form: 8-K · Filed: Sep 6, 2024 · CIK: 90896
Sentiment: neutral
Topics: executive-appointment, compensation, cfo
Related Tickers: SKY
TL;DR
Champion Homes just hired a new CFO, Mark Yoder, and gave him a fat salary and stock options.
AI Summary
Champion Homes, Inc. announced on September 5, 2024, the appointment of Mark Yoder as Chief Financial Officer, effective September 3, 2024. Yoder will receive an annual base salary of $350,000 and is eligible for a discretionary annual bonus. He will also be granted 100,000 restricted stock units, vesting over three years.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $350,000 — CFO Annual Salary (New CFO Mark Yoder's base compensation.)
- 100,000 — RSUs Granted (Stock units awarded to the new CFO, vesting over three years.)
Key Players & Entities
- Champion Homes, Inc. (company) — Registrant
- Mark Yoder (person) — Appointed Chief Financial Officer
- $350,000 (dollar_amount) — Annual base salary for new CFO
- 100,000 (dollar_amount) — Restricted stock units granted to new CFO
- September 5, 2024 (date) — Date of report
- September 3, 2024 (date) — Effective date of CFO appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Champion Homes, Inc.?
Mark Yoder has been appointed as the new Chief Financial Officer of Champion Homes, Inc.
When was Mark Yoder's appointment as CFO effective?
Mark Yoder's appointment as CFO was effective September 3, 2024.
What is the annual base salary for the new CFO?
The annual base salary for the new CFO, Mark Yoder, is $350,000.
What stock-based compensation was granted to the new CFO?
The new CFO, Mark Yoder, was granted 100,000 restricted stock units, which vest over three years.
Is the new CFO eligible for a bonus?
Yes, the new CFO, Mark Yoder, is eligible for a discretionary annual bonus.
Filing Stats: 577 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-09-06 16:15:08
Filing Documents
- sky-20240905.htm (8-K) — 35KB
- 0000950170-24-104399.txt ( ) — 142KB
- sky-20240905.xsd (EX-101.SCH) — 23KB
- sky-20240905_htm.xml (XML) — 4KB
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. Champion Homes, Inc. Date: September 6, 2024 By: /s/ Laurel Krueger Laurel Krueger Senior Vice President, General Counsel & Secretary