AMBER ROAD, INC. (NYSE:AMBR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 5, 2018 (the "Effective Date"), the Board of Directors (the "Board") of Amber Road, Inc., a Delaware corporation (the "Company"), accepted the resignation of John Malone as a Class II director of the Board effective as of the Effective Date. Mr. Malone resigned due to personal reasons but will continue to provide services to the Company under a consulting agreement following the Effective Date. As of the Effective Date, Mr. Malone also resigned from his positions as a member of the Audit Committee of the Board and as Chairman of the Nominating and Corporate Governance Committee of the Board. As a result of Mr. Malone's resignation, the Nominating and Corporate Governance Committee was reduced from three to two members, with Director Barry M. V. Williams assuming the role as Committee Chairman. Director Ralph Faison will become a member of the Audit Committee. Mr. Malone’s resignation is not the result of any disagreement with the Company relating to the Company’s operations, policies or practices.
About AMBER ROAD, INC. (NYSE:AMBR)
Amber Road, Inc. is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers. The Company delivers its GTM solution using a software-as-a-service (SaaS) model. The Company’s solution automates the global supply chain across sourcing, logistics, cross-border trade and regulatory compliance activities. The Company’s GTM solution combines enterprise-class software, trade content sourced from government agencies and transportation providers in approximately 145 countries, and a global supply chain network connecting its customers with the trading partners, including suppliers, freight forwarders, customs brokers and transportation carriers.