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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On May 18, 2021, Jeffery Taylor, the Chief Financial Officer of Blue Bird Corporation (“Blue Bird” or the “Company”), tendered his resignation to the Company for personal reasons. His resignation is effective June 11, 2021.

(c) On May 20, 2021, the Board of Directors of the Company appointed Phillip Tighe as Interim Chief Financial Officer of the Company, effective June 11, 2021. Mr. Tighe previously served as the Company’s Chief Financial Officer from February 2015 (following the business combination transaction) to May 31, 2020, and retired from the Company’s employment on June 30, 2020, at which time he became a consultant to the Company pursuant to a previously disclosed Consulting Agreement which terminates May 31, 2021. Effective June 1, 2021, Mr. Tighe will be re-employed by the Company. The Company will commence a new executive search to fill the Chief Financial Officer position.

The Compensation Committee of the Board of Directors of the Company has approved the following compensation arrangement for Mr. Tighe:

Mr. Tighe will be provided a compensation package equivalent to the outgoing CFO, which includes a base salary of $450,000 and he will be eligible for a potential annual cash bonus under the Company’s Management Incentive Plan (MIP) at a target level of 75% of his base salary, on a pro rata basis for fiscal 2021. Mr. Tighe will be eligible to participate in the Company’s existing employee benefits plans similar to other executive officers of the Company, subject to the decisions of, and administration by, the Compensation Committee of the Board of Directors, as described in the Company’s Definitive Proxy Statement dated February 8, 2021 with respect to its 2021 Annual Meeting of Stockholders.

Item 9.01 Financial Statement and Exhibits.

(d)          Exhibits.

104      Cover Page Interactive Data File (embedded within the Inline XBRL document)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                    

                                    

						BLUE BIRD CORPORATION
Dated:			March 21, 2021			/s/ Paul Yousif
						Paul Yousif
						Senior Vice President, General Counsel