Business Context and Reporting Period
This Form 8-K is a current report filed by Fox Factory Holding Corp. on January 3, 2019, covering events occurring on January 1, 2019. The filing addresses executive compensation changes and corporate headquarters relocation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance and administrative updates rather than financial performance data.
Material Changes
- Executive Compensation: Thomas Wittenschlaeger's employment agreement was amended effective January 1, 2019. His role changed to "Strategic Business Development Consultant." The amendment eliminates his ability to earn a performance bonus starting in 2019 and modifies severance terms to exclude pro rata performance bonus payments upon termination.
- Corporate Headquarters: Effective December 31, 2018, the company relocated its corporate headquarters to 6634 Hwy 53, Braselton, GA 30517.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on financial outlook, or discussion of specific risks and contingencies beyond the standard disclosure of the employment amendment terms.
Investor Verification Checklist
- Review Exhibit 10.1 for the full text of the employment amendment regarding Thomas Wittenschlaeger.
- Confirm the impact of the role change on future executive compensation expenses.
- Verify the operational status of the new headquarters location in Braselton, GA.