Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 5, 2019, the Board of Directors of Vista Outdoor Inc. (the
"Company," or "Vista Outdoor") appointed four new executive officers to its
corporate leadership team. Brad Crandell has been named Chief Human Resources
Officer; Mark Kowalski has been named Controller and Chief Accounting Officer;
Dylan Ramsey has been named Vice President, General Counsel & Corporate
Secretary; and Kelly Reisdorf has been named Vice President, Chief
Communications and Investor Relations Officer. Mr. Crandell, Mr. Kowalski, Mr.
Ramsey and Ms. Reisdorf all previously served in senior roles at Vista Outdoor.
Mr. Crandell, age 56, has served as Vista Outdoor's Vice President, HR
Operations and Talent Acquisition since January 2018. Prior to this role, Mr.
Crandell served as Vice President, HR Operations from 2016 to January, 2018 and
Sr. Director, HR Operations from 2015 to 2016. Prior to joining Vista Outdoor,
Mr. Crandell served at The ServiceMaster Companies from 2011 to 2015 in two
roles including Vice President, Business System Development for the Franchise
Services Group and Vice President, HR Planning and Operations across the entire
organization. Mr. Crandell earned his Bachelor of Arts from DePauw University.
Mr. Kowalski, age 43, has served as Vista Outdoor's Controller since January
2019. Prior to this role, Mr. Kowalski served as Interim Controller and Vice
President, Tax from 2018 to January, 2019, Vice President, Tax from 2016 to 2018
and Director, Tax from 2015 to 2016. Mr. Kowalski worked in the tax department
at Orbital ATK, which spun-off its Sporting Group division to create Vista
Outdoor, from 2002 to 2015. Mr. Kowalski earned his Bachelor of Science in
Accounting and Masters of Taxation from the University of Minnesota. Mr.
Kowalski is a certified public accountant.
Mr. Ramsey, age 42, has served as Vista Outdoor's General Counsel, Business &
Corporate Services and Assistant Secretary since April, 2018. Prior to this
role, he served as Vista Outdoor's Deputy General Counsel from 2017 to April,
2018 and Associate General Counsel from 2015 to 2017. Prior to joining Vista
Outdoor, Mr. Ramsey practiced corporate and securities law with the legal
department at Capital One Financial Corporation from 2012 to 2015 and with the
law firms Gibson, Dunn & Crutcher LLP from 2010 to 2012 and Linklaters LLP from
2005 to 2010. Mr. Ramsey earned his Juris Doctor from the University of
Virginia School of Law and his Bachelor of Arts from the University of
Ms. Reisdorf, age 41, has has served as Vista Outdoor's Vice President, Investor
Relations since September, 2018. Prior to this role, she served as Vista
Outdoor's Vice President, Information Technology from January to September,
2018, Senior Director, Enterprise Applications from 2016 to 2017, and Director,
Enterprise Applications from 2015 to 2016. At Orbital ATK, Ms. Reisdorf served
in various information technology-related roles from 2007 to 2015. Ms. Reisdorf
holds a Bachelor of Arts degree in Business Administration from Bethel
University and an MBA in Accounting from Capella University.
In connection with his appointment as Chief Accounting Officer, Mr. Kowalski
received an award of restricted stock units to be made pursuant to the Company's
Amended and Restated 2014 Stock Incentive Plan, having a grant date value equal
to $50,000, which units shall vest in two equal installments on the first and
second anniversaries of the grant date, subject to his continued employment with
the Company through the applicable vesting date. No other compensatory
arrangements were entered into in connection with the appointments detailed
Item 8.01. Other Events
On November 8, 2019, the Company issued a press release announcing the changes
to management described in Item 5.02 of this Current Report on Form 8-K. A copy
of this press release is attached as Exhibit 99.1 to this Current Report on Form
8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
99.1 Press release, dated as of November 8, 2019
104 Inline XBRL for the cover page of this Current Report on Form 8-K.
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