Research Reports

Key takeaways

Andy Cheung appointed EVP and CFO effective April 20, 2026, succeeding Rebecca Thompson.

Rebecca Thompson transitions from CFO to Chief Accounting Officer on April 20, 2026.

Luke Bomer joins as General Counsel effective April 1, 2026, after serving as outside counsel.

Cheung's compensation includes $525,000 base salary, $341,250 target annual incentive, $787,500 target long-term incentive for 2026.

Cheung receives $1,500,000 one-time equity grant and $300,000 cash award, repayable if leaves within 18 months.

Full analysis

AAON is strengthening its executive team with Andy Cheung's appointment as CFO, bringing over 25 years of financial leadership in HVAC and automotive sectors, including his recent role at Commercial Vehicle Group Inc. Rebecca Thompson's shift to Chief Accounting Officer leverages her prior experience and CPA expertise for enhanced financial reporting. Luke Bomer's addition as General Counsel, with nearly two decades at Johnson & Jones and prior service as AAON's outside counsel since 2015, bolsters governance and compliance amid growth. CEO Matt Tobolski emphasized these changes support disciplined execution and long-term shareholder value.

AAON · AAON, Inc.

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Key takeaways

Full analysis