GrabAGun Names Jonathan Terry CFO as Co-Founder Justin Hilty Retires
PEW sits 19% above its 52-week low of $2.245.
Summary
GrabAGun's co-founder CFO Justin Hilty retires August 14, replaced by Jonathan Terry, former YETI finance VP, under a $400,000 salary plus equity package.
Key Events · Executive and Board Changes · PEW
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CFO Transition Announced
Co-founder and CFO Justin Hilty retires effective August 14, 2026, after 15 years; Jonathan Terry appointed CFO the same day.
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New CFO Compensation
Terry receives $400,000 base salary, 60% target bonus (max 120%), $300,000 in RSUs vesting over three years, and up to $40,000 relocation assistance.
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Transition Support
Hilty remains employed through September 1, 2026, and will support Terry through year-end to ensure a seamless handoff.
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Background Check
Terry previously served as VP Global Finance at YETI Holdings and CFO at Outschool, Outdoorsy/Roamly, and RetailMeNot.
Analysis · PEW · Trade & Services
A co-founder CFO is stepping aside for an outside hire with public-company scale experience. Justin Hilty, who built the finance function over 15 years, steps down August 14 and stays through year-end to hand off. Taking over the same day is Jonathan Terry, most recently VP of Global Finance at YETI, with a $400,000 base salary, a 60% target bonus, and a $300,000 RSU grant. The transition is framed as amicable, but it removes a founder from the C-suite during a period of net losses and material weaknesses in internal controls — the new CFO's first job is to fix the control environment while managing a company that burned cash in Q1.
At the time of this filing, PEW was trading at $2.67 on NYSE in the Trade & Services sector, with a market capitalization of approximately $79.4M. The 52-week trading range was $2.25 to $6.91. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.