John North Officially Moves into CEO Role at Lazydays RV
John North
TAMPA, Fla. – Lazydays Holdings Inc. (NasdaqCM: LAZY) announced that John North joined Lazydays as its Chief Executive Officer on Sept. 6, 2022. North was also appointed to serve as a director on the company’s Board of Directors.
Robert DeVincenzi, who had been acting as Interim Chief Executive Officer, will return to his role as Lead Independent Director on the board.
In connection with the commencement of North’s service, Lazydays granted him a restricted stock unit award covering 105,308 shares of Lazydays common stock. This award was granted as an inducement material to North becoming a new employee of Lazydays in accordance with The Nasdaq Stock Market Listing Rule 5635(c)(4). This restricted stock unit award will vest over three years, with one-third of the award vesting annually on Sept. 6, 2023, 2024 and 2025.
The award was granted to North pursuant to the terms of his employment agreement and restricted stock unit award agreement, and is subject to accelerated vesting as described in the restricted stock unit award agreement. The award was granted pursuant to a stand-alone inducement restricted stock unit award agreement. However, such award will contain terms substantially similar to the terms of the Lazydays Holdings Inc. Amended and Restated 2018 Long Term Incentive Plan.
North most recently served as Chief Financial Officer of Copart, Inc. (Nasdaq:CPRT), a member of the S&P 500 and a leading provider of online auctions and vehicle remarketing services. Previously, he served as the Chief Financial Officer of Avis Budget Group, Inc. (Nasdaq:CAR), a global leader in car and truck rental and on-demand car sharing. Before joining Avis Budget Group, he spent 17 years in leadership roles with Lithia Motors, Inc. (NYSE:LAD), one of the largest automotive retailers in the United States, including as Chief Financial Officer and Chief Accounting Officer. North earned his B.S. in Finance from Santa Clara University and is a Certified Public Accountant and a CFA Charterholder.
Source: https://rvbusiness.com/john-north-officially-moves-into-ceo-role-at-lazydays-rv/
