Franklin Covey plans new product and ops leaders

FRANKLIN COVEY CO (FC) reported several leadership changes and an upcoming retirement.

Rhea-AI Filing Summary

FRANKLIN COVEY CO (FC) reported several leadership changes and an upcoming retirement. Effective September 1, 2026, M. Sean Covey transitions from President, Education Division to Chief Product Officer; his compensation remains unchanged. On the same date, John Buchanan joins as Executive Vice President, Education, bringing prior leadership experience from GoGuardian, Care.com, LegalZoom, the NFL, Adobe, and Electronic Arts.

After more than 40 years with the company, Colleen Dom will retire as Executive Vice President, Operations effective June 1, 2027, under a Transition and Separation Agreement providing $98,000 plus an incremental short-term incentive award for additional service through August 31, 2027. Adam Sherman, currently Senior Vice President, Revenue and Customer Operations, will succeed her as of June 1, 2027.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Transition effective date for Chief Product Officer: September 1, 2026 Transition effective date for EVP, Education: September 1, 2026 Retirement effective date for Colleen Dom: June 1, 2027 +5 more

8 metrics

Transition effective date for Chief Product Officer September 1, 2026 Effective date when M. Sean Covey becomes Chief Product Officer

Transition effective date for EVP, Education September 1, 2026 Effective date when John Buchanan becomes Executive Vice President, Education

Retirement effective date for Colleen Dom June 1, 2027 Effective date of Colleen Dom’s retirement as Executive Vice President, Operations

Transition and separation compensation for Colleen Dom $98,000 Cash compensation under Transition and Separation Agreement, excluding incremental short-term incentive award

Additional service period for incentive award Through August 31, 2027 Period for which Colleen Dom may earn incremental short-term incentive award

Effective date for Adam Sherman’s new role June 1, 2027 Date when Adam Sherman becomes Executive Vice President, Operations

Age of M. Sean Covey 61 Age of M. Sean Covey at the time of appointment as Chief Product Officer

Age of John Buchanan 52 Age of John Buchanan at the time of appointment as Executive Vice President, Education

Key Terms

Emerging growth company, Transition and Separation Agreement, short-term incentive award, Executive Vice President, Operations, +1 more

5 terms

Emerging growth company regulatory

"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Transition and Separation Agreement financial

"Ms. Dom will enter into a Transition and Separation Agreement with the Company"

A transition and separation agreement is a written contract that spells out the responsibilities, timeline and financial terms when an employee—often a senior executive—leaves a company and helps hand over their duties. It covers things like pay or severance, any short-term support to train successors, confidentiality and return of company property; investors care because these deals affect cash costs, leadership continuity and legal or operational risks during a change, much like a detailed handoff note that keeps a project running smoothly.

short-term incentive award financial

"plus an incremental short-term incentive award as earned"

Executive Vice President, Operations financial

"Colleen Dom will retire from the Company as Executive Vice President, Operations"

Chief Product Officer financial

"will begin service as Chief Product Officer of FranklinCovey"

The chief product officer (CPO) is the executive who leads a company’s product strategy, overseeing what products are built, how they work, and how they meet customer needs. Think of the CPO as the head chef who designs the menu, coordinates the kitchen, and ensures dishes customers want are delivered — investors watch this role because strong product leadership drives sales, competitive advantage, and the company’s long-term growth potential.

FAQ

What executive leadership changes did FRANKLIN COVEY CO (FC) announce?

FRANKLIN COVEY CO announced that effective September 1, 2026, M. Sean Covey becomes Chief Product Officer and John Buchanan joins as Executive Vice President, Education. Additionally, Adam Sherman will become Executive Vice President, Operations effective June 1, 2027.

When will Colleen Dom retire from FRANKLIN COVEY CO (FC)?

Colleen Dom will retire as Executive Vice President, Operations effective June 1, 2027. She has served in this role since September 2013 and has been with the company for over 40 years.

What compensation will Colleen Dom receive in her transition from FRANKLIN COVEY CO (FC)?

Under a Transition and Separation Agreement, Colleen Dom will receive $98,000 plus an incremental short-term incentive award as earned for additional service through August 31, 2027.

Will M. Sean Covey’s compensation change in his new role at FRANKLIN COVEY CO (FC)?

No. The company states that M. Sean Covey’s compensation will not change when he transitions to the role of Chief Product Officer effective September 1, 2026.

Who will succeed Colleen Dom as Executive Vice President, Operations at FRANKLIN COVEY CO (FC)?

Adam Sherman, currently Senior Vice President, Revenue and Customer Operations, will succeed Colleen Dom as Executive Vice President, Operations effective June 1, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 04:18 PM Accepted by SEC EDGAR 09/01/2026 - 04:17 PM Learn about SEC filing dates

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 01, 2026

Franklin Covey Co.

(Exact name of Registrant as Specified in Its Charter)

Utah			001-11107	87-0401551
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
13907 South Minuteman Dr., Suite 500
Draper, Utah				84020
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 801 817-1776

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.05 Par Value		FC		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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

On September 1, 2026, Franklin Covey Co. (the “Company” or “FranklinCovey”) announced the following changes to its executive leadership team.

Appointment of M. Sean Covey as Chief Product Officer

Effective September 1, 2026, M. Sean Covey will transition from his current role as President, Education Division to begin service as Chief Product Officer of FranklinCovey. Mr. Covey, age 61, has served as President, Education Division since September 2017. During his tenure at FranklinCovey, he has led the development of many of FranklinCovey’s organizational offerings when he served as Executive Vice President of Innovations. Mr. Covey is a New York Times best-selling author and has written several books, including The 6 Most Important Decisions You’ll Ever Make, The 7 Habits of Happy Kids, and The 7 Habits of Highly Effective Teens, which has been translated into 20 languages and sold over 4 million copies worldwide. Mr. Covey holds an undergraduate degree from Brigham Young University and an MBA from Harvard Business School. Mr. Covey’s compensation will not change in the new role.

Appointment of John Buchanan as Executive Vice President, Education

Effective September 1, 2026, John Buchanan joins FranklinCovey and will begin service as Executive Vice President, Education. Prior to joining FranklinCovey, Mr. Buchanan, age 52, has served most recently as Chief Growth Officer at GoGuardian, a mission-driven K-12 company. He has also served as Chief Marketing Officer at Care.com and has held leadership roles at LegalZoom, the NFL, Adobe, and Electronic Arts. Mr. Buchanan holds an undergraduate degree from the University of Southern California.

Colleen Dom Retirement

After over 40 years of extraordinary service, Colleen Dom will retire from the Company as Executive Vice President, Operations, effective June 1, 2027. Ms. Dom will enter into a Transition and Separation Agreement with the Company pursuant to which she will agree to provide transition services and will receive compensation totaling $98,000 plus an incremental short-term incentive award as earned for the additional months through August 31, 2027.

Ms. Dom has served as Executive Vice President, Operations since September 2013. During her time at FranklinCovey, Ms. Dom has been instrumental in creating and implementing systems and processes that have supported the Company’s strategic objectives in client services, sales support, operations, management, and supply chain. The Company expresses its gratitude for her integrity and solution-focused leadership over the years.

In connection with Ms. Dom’s departure, Adam Sherman, Senior Vice President, Revenue and Customer Operations, will succeed Ms. Dom, effective June 1, 2027. Mr. Sherman, age 39, joined the Company in September 2024 as Vice President, Revenue Operations for Enterprise North America and has expanded his responsibility over the last two years. Prior to joining FranklinCovey, he has held leadership roles at Zoom and LinkedIn. Mr. Sherman holds an undergraduate degree from San Jose State University.

Item 9.01 Financial Statements and Exhibits

104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the inline XBRL document.

SIGNATURES

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.

			FRANKLIN COVEY CO.
Date:	September 1, 2026	By:	/s/ Jessica G. Betjemann
			Jessica G. Betjemann Chief Financial Officer

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