Massimo Group 8-K, filed Apr 20, 2026
Massimo Group (MAMO)
About this 8-K
Massimo Group filed this 8-K on April 20, 2026, reporting on events of April 14, 2026.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
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Washington, D.C. 20549
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CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Executive Officer
On April 14, 2026, Mr. David Shan ceased to serve as Chief Executive Officer of Massimo Group (“the Company”) but will retain the role as executive chairman of the board of director of the Company. In his capacity as executive chairman, Mr. Shan will remain an employee of the Company with no change to his existing compensation arrangements and will provide strategic oversight and support to the Company’s executive leadership.
Appointment of New Chief Executive Officer
Effective April 14, 2026, Mr. Quenton Petersen, the Company’s current Vice President, was appointed to the position of Chief Executive Officer of the Company. Mr. Petersen will also continue to serve as Vice President of the Company.
Quenton Petersen, age 36, has served as Vice President of the Company since March 1, 2025, where he has led the Company’s commercial strategy, including sales, marketing, and channel expansion across dealer, retail, and e-commerce platforms. Mr. Petersen joined Massimo Motor Sports in March 2018 and has held roles of increasing responsibility, including Sales and Marketing Manager and Director of Sales, prior to his appointment as Vice President. Over his tenure, he has been instrumental in expanding the Company’s distribution footprint, strengthening relationships with major national and regional partners, and driving revenue growth across multiple channels. He has also played a key role in aligning sales execution with operational capabilities, contributing to improved inventory movement and overall channel performance. Prior to joining Massimo Motor Sports, Mr. Petersen served as Manager at Flow Wall from 2011 to 2016, where he led national retail expansion initiatives and developed strategic partnerships with leading retailers, including The Home Depot, Costco, and Amazon, supporting the company’s growth across both big-box retail and e-commerce channels. Mr. Petersen studied accounting and business management at Dixie State University.
Mr. Petersen brings over 15 years of experience in sales leadership, retail channel development, and operational execution, with a track record of scaling distribution and driving growth across both e-commerce and brick-and-mortar platforms.
Mr. Petersen is not party to any related party transactions for which disclosure would be required pursuant to Item 404(a) of Regulation S-K. There are no family relationships between Mr. Petersen and any director or executive officer of the Company. In connection with his appointment as Chief Executive Officer of the Company, there are no new or amended compensatory arrangements with Mr. Petersen. The board of director or its compensation committee may from time to time consider discretionary performance-based or milestone-based bonus awards for Mr. Petersen in accordance with the Company’s compensation practices, however, no such awards have been approved in connection with his appointment at this time.
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.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release dated April 20, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Dated: April 20, 2026 | MASSIMO GROUP | |
| By: | /s/ David Shan | |
| Name: | David Shan | |
| Title: | Chief Executive Officer | |
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 mobility applications, while taking a disciplined and measured approach. I look forward to working with our team to build on our strengths and continue advancing the business over time.”
“Quenton has been instrumental to Massimo’s success, and I have full confidence in his leadership,” said David Shan. “I look forward to continuing to work closely with him and the team as Executive Chairman.”
About Massimo Group
Massimo Group is a U.S.-based provider of utility-focused powersports and recreational vehicles, serving agricultural, commercial, and recreational customers through a nationwide distribution network. Its product portfolio includes UTVs, ATVs, electric golf carts, scooters, and pontoon boats. Massimo Group is a technology-driven company focused on building scalable platforms across mobility, equipment, and emerging intelligent automation applications. MAMO continues to evaluate strategic opportunities to enhance its long-term growth through product innovation, commercialization, intelligent equipment upgrades, and operational expansion.