01—Abstract
Summary
Summary of the 8-K filed August 10, 2022. Cited figures are marked; the original filing is the authoritative source.
Axon Enterprise, Inc. (AXON) announced a significant leadership change in their finance department via an 8-K filing on August 10, 2022.
The company has appointed Brittany Bagley as its new Chief Financial Officer (CFO) and Chief Business Officer, effective September 26, 2022. Ms. Bagley will also assume the role of Principal Financial and Accounting Officer, succeeding the interim CFO, James C.
Zito, who will remain with the company as Senior Vice President of Accounting. This appointment brings a seasoned executive with extensive experience in finance and investment to Axon's leadership team.
02—Key points
Key Highlights
- Brittany Bagley appointed as CFO and Chief Business Officer, effective September 26, 2022.
- Ms. Bagley will also serve as the Principal Financial and Accounting Officer.
- Ms. Bagley brings a strong financial background, including previous CFO role at Sonos, Inc. and experience at KKR and Goldman Sachs.
- Her compensation package includes an annual base salary of $450,000 and eligibility for annual cash incentive compensation of $450,000.
- Ms. Bagley will receive significant equity awards, including service-based and performance-based RSUs, with vesting tied to continued service and company performance metrics.
- She has no disclosed arrangements or conflicts of interest with existing management or directors.
- James C. Zito will transition from Interim CFO to Senior Vice President of Accounting.
03—Questions
Frequently Asked Questions
Who is the new Chief Financial Officer of Axon Enterprise, Inc.?
Brittany Bagley has been appointed as the new Chief Financial Officer and Chief Business Officer, effective September 26, 2022.
What is Brittany Bagley's prior experience?
Ms. Bagley served as Chief Financial Officer of Sonos, Inc. from April 2019. She also has experience as a Managing Director at Kohlberg Kravis Roberts & Co. (KKR) and as an analyst at Goldman Sachs. She currently serves on the board of Aurora Innovation, Inc.
What is the compensation for the new CFO?
Ms. Bagley will receive an annual base salary of $450,000, be eligible for an annual cash incentive of $450,000, and receive performance-based and service-based restricted stock units (RSUs) as part of her compensation.
What is the role of the previous Interim CFO, James C. Zito?
James C. Zito, the outgoing Interim Chief Financial Officer, will continue with Axon Enterprise, Inc. in his role as Senior Vice President of Accounting.
04—Continue