Automobile Components Maker Fox Factory's Finance Chief Steps Down

  • Fox Factory Holding Corp FOXF said Scott R. Humphrey, Chief Financial Officer and Treasurer, will be leaving the company on April 14, 2023.
  • Humphrey’s separation is a termination without cause under the employment agreement.
  • Until April 14, 2023, Humphrey will continue to be the CFO and Treasurer and will be entitled to severance equal to twelve months of annual base salary.
  • The Board appointed Maggie Torres as the company’s Interim Chief Financial Officer and Interim Treasurer.
  • “Scott played a key role in aligning financial offices across the Company and building out a more comprehensive financial infrastructure,” said CEO Mike Dennison.
  • Price Action: FOXF shares closed higher by 0.40% at $122.69 on Tuesday.
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