ARC Group Worldwide, Inc. (NASDAQ:ARCW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
-
0

ARC Group Worldwide, Inc. (NASDAQ:ARCW) 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 Officers.

ARC GROUP WORLDWIDE ANNOUNCES INTERIM CHIEF EXECUTIVE OFFICER DEPARTURE

On May3, 2018, ARC Group Worldwide, Inc. (the “Company”) announced that DrewM. Kelley, Interim Chief Executive Officer, will resign from the Company on May10th, 2018. Alan Quasha, Chairman of the Board of Directors of ARC, will assume the dual roles of Chairman and Chief Executive Officer with immediate effect.

Additional information regarding Mr. Quasha has been disclosed in the Company’s Proxy Statement, as filed by the Company with the U.S. Securities and Exchange Commission on September 26, 2017, incorporated herein by reference thereto.Mr. Quasha will not be taking any compensation with respect to his services as Chief Executive Officer of the Company.

Item 5.02. Financial Statements and Exhibits

(d) Exhibits


ARC Group Worldwide, Inc. Exhibit
EX-99.1 2 ex-99d1.htm EX-99.1 arcw_Ex_99_1 FOR IMMEDIATE RELEASEMay 3,…
To view the full exhibit click here

About ARC Group Worldwide, Inc. (NASDAQ:ARCW)

ARC Group Worldwide, Inc. is a manufacturing company. The Company has four segments: Precision Components Group, 3DMT Group, Flanges and Fittings Group, and Wireless Group. It provides a set of manufacturing solutions, from design and prototyping through production. Through the Company’s product offering, it provides its customers with a prototyping and production solution for both precision metal and plastic fabrication. The Precision Components Group companies provide fabricated metal components using processes, consisting of metal injection molding, precision metal stamping and hermetic sealing. The 3DMT Group focuses on rapid prototyping, short-run production and rapid tooling. The Flange and Fittings Group consists of General Flange and Forge. The Wireless Group focuses on wireless broadband technology related to propagation and optimization. The Wireless Group designs and develops hardware, including antennas, radios and related accessories.