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Holley Announces Executive Vice President and General Counsel Exit

Story Highlights
  • Holley’s longtime general counsel Carly Kennedy will depart in May 2026 after supporting the company’s annual meeting and SEC reporting transition.
  • Holley agreed to a structured separation package for Kennedy, including salary continuation, potential bonus and equity vesting, with enhancements if a change in control occurs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Holley Announces Executive Vice President and General Counsel Exit

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An update from Holley ( (HLLY) ) is now available.

Holley Inc. announced that Executive Vice President, General Counsel and Corporate Secretary Carly Kennedy will depart the company after four years in the role, with both parties agreeing on April 7, 2026 that she will remain employed through May 15, 2026 to support an orderly transition, the annual shareholders’ meeting and upcoming SEC reporting. In connection with her departure, Holley has entered into a separation agreement that provides salary continuation of $164,000 over six months, potential pro-rated 2026 bonus eligibility and partial vesting of certain restricted stock units, with enhanced salary continuation if a change in control occurs within three months of her separation, underscoring a structured executive transition and defined protections for both Kennedy and the company.

The most recent analyst rating on (HLLY) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Holley stock, see the HLLY Stock Forecast page.

Spark’s Take on HLLY Stock

According to Spark, TipRanks’ AI Analyst, HLLY is a Neutral.

The score is driven primarily by mid-range financial quality: solid margins and improving free cash flow, tempered by leverage and inconsistent net profitability. Earnings-call guidance and the deleveraging plan are constructive, but the technical setup is weak with the stock trading below key moving averages, and valuation lacks clear upside support at a ~25.7 P/E with no dividend.

To see Spark’s full report on HLLY stock, click here.

More about Holley

Holley Inc. operates in the automotive performance industry, focusing on high-performance products and related services for automotive enthusiasts and specialty vehicle markets. The company’s leadership team, including its executive and legal functions, plays a key role in overseeing regulatory compliance, corporate governance and support for its public company reporting obligations.

Average Trading Volume: 874,340

Technical Sentiment Signal: Sell

Current Market Cap: $350M

For detailed information about HLLY stock, go to TipRanks’ Stock Analysis page.

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