Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On April 20, 2026, the Company announced the appointment of Mr. Quenton Petersen to the position of Chief Executive Officer of the Company and that Mr. David Shan would cease to serve as Chief Executive Officer of the Company, but will retain the role as executive chairman of the Company.…
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Item 7.01Item 7.01 - Regulation FD Disclosure
Item
7.01 Regulation FD Disclosure.
On
April 20, 2026, the Company announced the appointment of Mr. Quenton Petersen to the position of Chief Executive Officer of the Company
and that Mr. David Shan would cease to serve as Chief Executive Officer of the Company, but will retain the role as executive chairman
of the Company.
A
copy of the Company’s press release announcing these changes is furnished as Exhibit 99.1 to this Form 8-K.
The
information set forth under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless
expressly incorporated by specific reference in such filing.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
EX-99.1
2
ex99-1.htm
EX-99.1
Exhibit
99.1
Massimo
Group Announces CEO Appointment and Executive Chairman Transition
Garland,
TX - April 20, 2026 - Massimo Group (NASDAQ: MAMO) today announced the appointment of Quenton Petersen as Chief Executive
Officer, effective April 14, 2026. David Shan will transition to Executive Chairman and remain actively involved in the Company’s
strategic direction and operations.
Mr.
Petersen has been with Massimo Group for over nine years and has played a key role in the Company’s growth and development. “I’m
honored to step into the CEO role at a pivotal time for Massimo Group,” said Quenton Petersen. “Over the past nine years,
I’ve seen firsthand the strength of our manufacturing capabilities and our platform across utility vehicles and electric mobility.
As
the industry evolves, we are seeing growing demand for more intelligent, application-driven solutions, and we believe our existing product
lines provide a strong foundation to explore the integration of advanced technologies, including AI-enabled features.
We
plan to evaluate opportunities to expand these platforms into additional use cases, such as facility operations support and smart…