BInc. (NYSE:B) 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.
On March15, 2017, Thomas P. Crimmins, our Executive Vice
President of Finance and Chief Financial Officer, resigned from
our company to pursue other activities. Mr.Crimmins was employed
under an employment agreement. Mr.Crimmins decision was not the
result of any dispute or disagreement with our company on any
matter relating to our companys accounting practices or financial
statements.
We have initiated a search for a new Chief Financial Officer and
until one is appointed, Amy Chiovari, age 46, currently our
Corporate Controller, will serve as Interim Chief Financial
Officer, effective upon Mr.Crimmins departure. Ms.Chiovari joined
the Company in 1996 and has served in various capacities within
our accounting and finance department and over the years has been
responsible for many functions, including, corporate accounting,
corporate finance, financial reporting, treasury, tax and
internal control over financial reporting.
There are no arrangements or understandings between Ms.Chiovari
and any other person to which she was appointed as our companys
Interim Chief Financial Officer. There is no family relationship
between Ms.Chiovari and any director, executive officer, or
person nominated or chosen by our company to become a director or
executive officer of our company. BG Foods has not entered into
any transactions with Ms.Chiovari that would require disclosure
to Item 404(a)of Regulation S-K under the Securities Exchange Act
of 1934.
Mr.Crimmins resignation will be treated as a termination of the
employment agreement by our company without cause, which will
entitle Mr.Crimmins to certain salary continuation and other
severance benefits set forth in the employment agreement, a copy
of which is filed herewith as Exhibit10.1.
A copy of the press release we issued to announce the foregoing
is attached hereto as Exhibit99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
|
10.1 |
|
EmploymentAgreement,datedasofMarch16,2015,betweenThomasP.CrimminsandBGFoods,Inc.(FiledasExhibit10.1toBGFoodsCurrentReportonForm8-KfiledonMarch16,2015,andincorporatedhereinbyreference) |
|
|
|
|
|
99.1 |
Press Release dated March15, 2017. |
About B&G Foods, Inc. (NYSE:B)
Barnes Group Inc. is an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The Company’s engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world. Its segments include Industrial and Aerospace. The Industrial segment is engaged in the manufacturing of precision parts, products and systems for applications serving a customer base in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices and energy. The Industrial segment includes the Molding Solutions, Nitrogen Gas Products and Engineered Components business units. The Aerospace segment includes the original equipment manufacturer (OEM) business and the aftermarket business, which includes maintenance repair and overhaul services and the manufacture and delivery of aerospace aftermarket spare parts. B&G Foods, Inc. (NYSE:B) Recent Trading Information
B&G Foods, Inc. (NYSE:B) closed its last trading session up +1.33 at 51.01 with 165,339 shares trading hands.
