AAON Announces Semi-Annual Cash Dividend and Promotion of Christopher D. Eason
AAON, Inc. (NASDAQ-AAON), today announced that its Board of
Directors has declared the Company’s next regular semi-annual cash
dividend of $0.19 per share (or $0.38 annually), payable on July 1,
2021 to stockholders of record as of the close of business on June
The Company also announced today that its Board
of Directors has promoted Christopher D. Eason to the position of
Chief Accounting Officer, effective May 11, 2021.
Christopher D. Eason, 39, joined AAON in 2018 as
Controller and Financial Reporting Manager. Prior to joining the
Company, he served as a Senior Manager at Grant Thornton, LLP,
where he had 13 years of experience in the assurance division. Mr.
Eason is a licensed certified public accountant and graduated from
Oklahoma State University with a Bachelor of Science and Master of
Science in Accounting.
Gary D. Fields, President and CEO, stated,
“Please join me in congratulating Chris on his promotion to Chief
Accounting Officer. This promotion is the latest example of our
ongoing succession planning initiatives. Chris has been a trusted
member of our accounting / financial reporting department since
2018, and I am confident he will continue to have a positive impact
at AAON as he assumes this new role.”
About AAONAAON, Inc. is engaged
in the engineering, manufacturing, marketing and sale of air
conditioning and heating equipment consisting of standard,
semi-custom and custom rooftop units, chillers, packaged outdoor
mechanical rooms, air handling units, makeup air units, energy
recovery units, condensing units, geothermal/water-source heat
pumps, coils and controls. Since the founding of AAON in 1988, AAON
has maintained a commitment to design, develop, manufacture and
deliver heating and cooling products to perform beyond all
expectations and demonstrate the value of AAON to our customers.
For more information, please visit www.AAON.com.
Certain statements in this news release, which
are not historical facts, are “forward-looking statements” as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements about AAON’s
estimates, expectations, beliefs, intentions or strategies for the
future, and the assumptions underlying these forward-looking
statements, including, but not limited to, future financial
performance, future opportunities and any other statements
regarding events, opportunities or developments that AAON believes
or reasonably anticipates will or may occur in the future,
including potential financial and operational impacts of COVID-19.
Words such as “expects”, “anticipates”, “intends”, “plans”,
“believes”, “seeks”, “estimates”, “will”, “should”, “outlook”,
“projected” and variations of such words and similar expressions
are intended to identify these forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made.
AAON undertakes no obligation to disseminate any updates or
revisions to any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
federal securities laws. Forward-looking statements are not
guarantees of future performance and involve certain risks,
uncertainties and assumptions which are difficult to predict,
including but not limited to economic, competitive, governmental
and technological factors impacting AAON’s operations, supply
chains, markets, products, services and prices. Therefore, actual
outcomes and results may differ materially from what is expressed
or forecasted in such forward-looking statements. For a discussion
of such risks and uncertainties, which could cause actual results
to differ from those contained in the forward-looking statements,
see “Risk Factors” and “Forward-Looking Statements” in AAON’s
Annual Report on Form 10-K for the most recent fiscal year, as may
be revised and updated by AAON’s Quarterly Reports on Form 10-Q,
and AAON’s Current Reports on Form 8-K.
MondilloDirector of Investor RelationsPhone: (617)
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