NN (NNBR) has shared an announcement.
NN, Inc. announced the resignation of CFO Michael C. Felcher and the appointment of Christopher H. Bohnert as the new CFO, effective June 24, 2024. Felcher’s departure comes without any disputes over company operations or accounting practices, and he will provide consulting services to ensure a smooth transition. Bohnert brings over 30 years of financial experience to the role and has a compensation package including a base salary, bonuses, and equity grants, with certain conditions for termination and indemnification agreements in place.
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