Atkore International Group Inc. (NYSE:ATKR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Atkore International Group Inc. (NYSE:ATKR) 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 Officer; Compensatory Arrangements of Certain Officers.

On September 6, 2017, Atkore International Group Inc. granted a retention bonus (the “Retention Bonus”) to James A. Mallak, its Vice President and Chief Financial Officer. The Retention Bonus that Mr. Mallak received is a cash retention bonus in the amount of $450,000 payable in two $225,000 installments on July 1, 2018 and December 31, 2018 subject to his continued employment through each of these dates. His Retention Bonus award also provides that Mr. Mallak will receive $37,500 for each month he remains employed with the Company beyond December 31, 2018, payable at the end of each month.


About Atkore International Group Inc. (NYSE:ATKR)

Atkore International Group Inc. is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S. Through the electrical raceway segment, it manufactures products that deploy, isolate and protect a structure’s electrical circuitry from the original power source to the final outlet. The Company’s electrical raceway segment products include electrical conduit, armored cable, cable trays, mounting systems and fittings. Through the MP&S segment, it provides products and services that frame, support and secure component parts in a range of structures, equipment and systems in electrical, industrial and construction applications. The Company’s MP&S segment products include metal framing products and in-line galvanized mechanical tube.

Atkore International Group Inc. (NYSE:ATKR) Recent Trading Information

Atkore International Group Inc. (NYSE:ATKR) closed its last trading session up +0.09 at 17.66 with 349,983 shares trading hands.