01—Abstract
Summary
Summary of the 6-K filed March 28, 2024. Cited figures are marked; the original filing is the authoritative source.
SharkNinja, Inc. furnished a Form 6-K for March 2024 that attaches a press release announcing the appointment of Patraic Reagan as Chief Financial Officer, effective April 22, 2024.
Reagan will oversee the company's global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations. He most recently served as Chief Financial Officer of Nike Inc.'s Asia, Pacific, and Latin America segment and spent a 13-year career at Nike, with earlier finance roles at Coach Inc. (now Tapestry Inc), Polo Ralph Lauren Corporation, Kraft Foods and Chiquita Brands International. Larry Flynn, who has served as Interim Chief Financial Officer since June 2023, will continue as Chief Accounting Officer.
CEO Mark Barrocas praised Reagan's track record of driving profitable growth and international experience, and thanked Flynn for his leadership as a newly public company. The filing is a leadership transition announcement and contains no financial results, guidance, or quantitative performance figures. Reagan will be based at the company's headquarters in Needham, Massachusetts and will join the executive leadership team.
02—Key points
Key Highlights
- Patraic Reagan named Chief Financial Officer, effective April 22, 2024
- Reagan will lead global finance, including FP&A, accounting, treasury, tax, internal audit and investor relations
- Reagan previously served as CFO of Nike's Asia, Pacific, and Latin America segment and spent 13 years at Nike
- Larry Flynn, Interim CFO since June 2023, will continue as Chief Accounting Officer
- Reagan's prior finance roles include Coach Inc. (now Tapestry Inc), Polo Ralph Lauren, Kraft Foods and Chiquita Brands International
- Filing contains no financial results or guidance
03—Questions
Frequently Asked Questions
Who is SharkNinja's new Chief Financial Officer?
Patraic Reagan, who will take the role effective April 22, 2024. He will be based at the company's headquarters in Needham, Massachusetts.
What is Reagan's background?
The release states he held the CFO role for Nike Inc.'s Asia, Pacific, and Latin America segment, where he helped drive consecutive years of strong revenue growth and EBIT expansion. He spent 13 years at Nike, including as Global VP of Business Planning and CFO of Nike's Direct-to-Consumer business in EMEA. Earlier roles were at Coach Inc. (now Tapestry Inc), Polo Ralph Lauren, Kraft Foods and Chiquita Brands International.
What happens to the current interim CFO?
Larry Flynn, who has served as Interim Chief Financial Officer since June 2023, will continue in his role as Chief Accounting Officer.
What are Reagan's responsibilities?
He will oversee SharkNinja's financial strategies and lead the global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations.
Does this filing include financial results or guidance?
No. The filing consists of a cover page and Exhibit 99.1, a press release announcing the CFO appointment, and does not disclose financial results or outlook.
04—Continue