Business Context and Reporting Period
This Form 8-K Current Report was filed by Dorman Products, Inc. on June 5, 2025, covering events occurring on June 2, 2025. The Company is incorporated in Pennsylvania and its common stock trades on the Nasdaq Stock Market under the symbol DORM.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial statements. Consequently, data regarding revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes
The primary material event reported is the announced departure of a senior executive:
- Departure: Mr. David M. Hession notified the Company of his intention to retire as Senior Vice President and Chief Financial Officer (CFO).
- Timing: The retirement is scheduled to occur later in 2025.
- Transition Plan: Mr. Hession will remain in his current role until a successor is appointed. Following the appointment, he will assume an advisory role for a transition period.
- Search Status: The Company has retained an executive search firm to assist in identifying a new CFO.
Guidance, Outlook, and Risks
The filing does not provide updated financial guidance, outlook, or management commentary on operational performance. The primary risk disclosed relates to the leadership transition at the CFO level, though the Company has outlined a plan to ensure continuity during the search and handover process.
Investor Verification Checklist
- Verify the timeline for the appointment of the new CFO and the specific date of Mr. Hession's retirement.
- Monitor future filings for the identity of the incoming CFO and any changes to the transition advisory arrangement.
- Review the attached Press Release (Exhibit 99.1) for additional details on the succession plan not included in the 8-K text.