AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leading provider of high-performance, energy-efficient HVAC solutions, today announced today that its Board of Directors has increased the size of the Board from eight to nine members and appointed Matt J. Tobolski, PhD, as the new director to fill the vacancy, effective May 13, 2025.
Dr. Tobolski, 41, also serves as President and CEO of the Company, effective May 13, 2025. Dr. Tobolski succeeds Gary D. Fields, who will remain a member of the Board of Directors and serve as a special advisor to the Board. Dr. Tobolski, previously served as president and COO of the Company since January 2024. Prior to serving as president and COO, Dr. Tobolski served as president of BASX Solutions, a company he co-founded in 2013 that AAON acquired in December 2021.
The Company also announced that its Board of Directors has declared the Company's next regular quarterly cash dividend of $0.10 per share (or $0.40 annually). The next cash dividend will be payable on June 27, 2025, to stockholders of record as of the close of business on June 6, 2025.
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