Filing Analysis
Officer Departure
Filed Apr 20, 2026
MEDIUM
Massimo Group (MAMO) has appointed Quenton Petersen as its new Chief Executive Officer, succeeding David Shan. Mr. Shan will transition to the role of Executive Chairman, maintaining his current compensation while providing strategic oversight.
Key Facts
- David Shan ceased serving as CEO on April 14, 2026, but remains as Executive Chairman.
- Quenton Petersen, age 36, was appointed CEO effective April 14, 2026, having previously served as Vice President since March 2025.
- Mr. Petersen has been with Massimo Motor Sports since March 2018, holding roles including Sales and Marketing Manager and Director of Sales.
- No new or amended compensatory arrangements were approved for Mr. Petersen at the time of the appointment.
- Mr. Shan's compensation remains unchanged in his new role as Executive Chairman.
Other SEC Filing
Filed Mar 31, 2026
LOW
Massimo Group announced its financial results for the fourth quarter and fiscal year ended December 31, 2025. The results were disclosed via a press release furnished as an exhibit to the filing.
Key Facts
- The filing reports financial results for the fiscal year ended December 31, 2025.
- The report was filed on March 31, 2026, under Item 2.02 (Results of Operations and Financial Condition).
- The company is classified as an emerging growth company.
- CEO David Shan signed the report.
Officer Departure
Filed Mar 03, 2026
MEDIUM
Massimo Group (MAMO) appointed Crystal Mingqui Xu as Chief Financial Officer, effective March 2, 2026. Ms. Xu brings over 23 years of experience in financial management and SEC compliance, having previously served in leadership roles at several Nasdaq-listed companies.
Red Flags
- The annual base salary of $100,000 is significantly below the market average for a CFO of a Nasdaq-listed company.
- Ms. Xu's previous employers (EBON, HAO) are micro-cap companies that have historically experienced high volatility and regulatory scrutiny.
Key Facts
- Crystal Mingqui Xu appointed as CFO effective March 2, 2026.
- Ms. Xu's annual base salary is set at $100,000.
- Previous experience includes Financial Controller at Haoxi Health Technology Limited (HAO) and Financial Director at Ebang International Holdings Inc. (EBON).
- Professional background includes audit management roles at KPMG and Marcum Bernstein & Pinchuk LLP.
- Ms. Xu holds a Bachelor’s degree in Finance from Guangdong University of Foreign Studies.
Disclaimer: This analysis is generated by AI and is for informational purposes only.
It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities.
Always review the original SEC filings and consult a financial advisor before making investment decisions.