COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN DIRECTORS. |
Directors (the “Board”) of Columbus McKinnon Corporation (the
Company) that she would not stand for re-election to the Board at
the July, 2017 Annual Meeting. Ms. Goodspeed further notified the
Board that her current term on the Board will end effective May
31, 2017. Ms. Goodspeed was currently a member of the Companys
Corporate Governance and Nomination Committee and Compensation
and Succession Committee. Ms. Goodspeeds decision to no longer
serve on the Board does not arise from any disagreement or
dispute relating to the Companys operations, policies or
practices or with its management. to Article II, Section 2.14 of
the Companys bylaws, its Directors may serve on the boards of
directors of no more than four publicly traded companies
inclusive of the Companys Board. On May 9th, Ms.
Goodspeed was elected to serve as a board of director for another
company. Ms. Goodspeed, now serving on five (5) public boards,
voluntarily resigned from the Companys Board in accordance with
the governance policy. A copy of the retirement letter furnished
by Ms. Goodspeed has been annexed as Exhibit 99.1 to this Current
Report on Form 8-K.
Item 9.01
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FINANCIAL STATEMENTS AND EXHIBITS.
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EXHIBIT NUMBER
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DESCRIPTION
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99.1
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Director Letter Dated May 10, 2017
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About COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO)
Columbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The Company’s products include various electric, air-powered, lever, and hand hoists, hoist trolleys, winches, industrial crane systems, such as steel bridge, gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders; power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems. COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) Recent Trading Information
COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) closed its last trading session down -0.11 at 24.75 with 97,673 shares trading hands.