YETI Appoints Scott Bomar as New CFO, Michael McMullen Departs

summarizeSummary

YETI Holdings, Inc. has appointed Scott Bomar, a seasoned finance executive from The Home Depot and Deluxe Corporation, as its new Chief Financial Officer, succeeding Michael McMullen.

check_boxKey Events

• New CFO Appointed

  Scott Bomar has been appointed as Senior Vice President, Chief Financial Officer, and Treasurer, effective February 23, 2026.

• Extensive Financial Background

  Mr. Bomar joins YETI from The Home Depot, Inc., where he served as Senior Vice President of Finance, and previously held the CFO position at Deluxe Corporation.

• Compensation Package Detailed

  Mr. Bomar's compensation includes an annual base salary of $725,000, a $500,000 sign-on bonus, and sign-on equity grants totaling $3.5 million ($2.5M time-based RSUs, $1M performance-based RSUs).

• Outgoing CFO Transition

  Michael McMullen's role as CFO will end, and he will provide transition services as a consultant until May 31, 2026.

auto_awesomeAnalysis

YETI Holdings, Inc. announced a significant leadership change with the appointment of Scott Bomar as the new Chief Financial Officer. Mr. Bomar brings extensive financial and operational experience from large, consumer-focused retail environments, including nearly two decades at The Home Depot and a prior CFO role at Deluxe Corporation. This appointment suggests a strategic move to enhance financial leadership and support disciplined execution and profitable growth. The outgoing CFO, Michael McMullen, will provide transition services, indicating a smooth and planned succession.