Massimo Group (NASDAQ: MAMO) announced the appointment of Quenton Petersen as Chief Executive Officer, effective April 14. David Shan will transition to Executive Chairman and remain involved in the company's strategic direction and operations.

Petersen has been with Massimo Group for over nine years and has played a role in the company's growth and development. "I'm honored to step into the CEO role at a pivotal time for Massimo Group," Petersen said. "Over the past nine years, I've seen firsthand the strength of our manufacturing capabilities and our platform across utility vehicles and electric mobility."

The new CEO indicated the company plans to evaluate opportunities to expand its platforms into additional use cases, including facility operations support and smart mobility applications. Petersen mentioned the company is considering integration of advanced technologies, including AI-enabled features, while taking what he described as a disciplined and measured approach.

"Quenton has been instrumental to Massimo's success, and I have full confidence in his leadership," Shan said. "I look forward to continuing to work closely with him and the team as Executive Chairman."

Massimo Group is a U.S.-based provider of utility-focused powersports and recreational vehicles, serving agricultural, commercial, and recreational customers through a nationwide distribution network. Its product portfolio includes UTVs, ATVs, electric golf carts, scooters, and pontoon boats.

The information is based on a company press release statement.