AAON Increases Board Size, Appoints CEO Matt Tobolski as Director, and Announces Quarterly Cash Dividend

Company Leadership Changes - AAON, Inc. has increased its Board of Directors from eight to nine members, appointing Matt J. Tobolski, PhD, as the new director effective May 13, 2025 [1] - Dr. Tobolski has also been appointed as President and CEO of the Company, succeeding Gary D. Fields, who will remain on the Board as a special advisor [2] - Prior to his new role, Dr. Tobolski served as president and COO since January 2024 and co-founded BASX Solutions, which was acquired by AAON in December 2021 [2] Financial Announcements - The Board of Directors has declared a quarterly cash dividend of $0.10 per share, amounting to $0.40 annually, payable on June 27, 2025, to stockholders of record as of June 6, 2025 [3] Company Overview - Founded in 1988, AAON is a global leader in HVAC solutions for commercial, industrial, and data center environments, focusing on energy-efficient and high-performance products [4] - The Company designs and manufactures highly configurable and custom-made equipment, enhancing efficiency, performance, and long-term value [4] - AAON operates under the AAON and BASX brands and is headquartered in Tulsa, Oklahoma, featuring a world-class innovation center and testing lab [4]