Enerpac Tool Group Corp. announced on October 26, 2022, Bryan R. Johnson, the Vice President of Finance and Principal Accounting Officer of Enerpac Tool Group Corp., submitted his resignation, effective as of November 1, 2022, as an officer and employee of the Company due to a material reduction in the scope of his role and responsibilities as the result of changes implemented to flatten the Company's organizational structure. On October 27, 2022, the Company's Board of Directors appointed Anthony P. Colucci, the Company's Executive Vice President and Chief Financial Officer, to also serve as the Company's principal accounting officer.