BLUELINX HOLDINGS INC. (NYSE:BXC) 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 December 8, 2017, the Board of Directors (the “Board”) of BlueLinx Holdings Inc. (“Company”) elected Karel K. Czanderna as a director, effective January 1, 2018, with a term expiring at the 2018 annual meeting of the Company’s stockholders. The Board has determined that Ms. Czanderna is “independent” under the corporate governance standards of the New York Stock Exchange.
Ms. Czanderna will receive compensation for her service as a non-employee director in accordance with the Company’s annual director compensation program, which is described in the Company’s most recent proxy statement filed with the Securities and Exchange Commission on April 18, 2017. The Board has not yet appointed Ms. Czanderna to any Board committees.
There are no arrangements or understandings between Ms. Czanderna and any other persons to which Ms. Czanderna was selected as a director, and there have been no transactions since the beginning of the Company’s last fiscal year, or are currently proposed, regarding Ms. Czanderna that are required to be disclosed to Item 404(a) of Regulation S-K.
The press release announcing the appointment of Ms. Czanderna to the Board is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Steven F. Mayer resigned from the Board on December7, 2017, effective immediately. Mr. Mayer is an employee of Cerberus ABP Investor LLC, an affiliate of our former controlling stockholder, Cerberus Capital Management, L.P. Mr. Mayer’s resignation was not due to any disagreement with the Company.
Item 9.01Financial Statements and Exhibits
(d)Exhibits
|
Exhibit No. |
Description |
|
99.1 |
Press release dated December 11, 2017 |
BlueLinx Holdings Inc. ExhibitEX-99.1 2 boardannouncementdec2017ex.htm EXHIBIT 99.1 Exhibit Exhibit 99.14300 Wildwood ParkwayAtlanta,…To view the full exhibit click here
About BLUELINX HOLDINGS INC. (NYSE:BXC)
BlueLinx Holdings, Inc. is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers. The Company distributes products in approximately two categories, such as structural products and specialty products. Structural products include plywood, oriented strand board (OSB), rebar and remesh, lumber and other wood products primarily used for structural support, walls and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, molding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board and metal products (excluding rebar and remesh). It also provides a range of services and solutions, such as intermodal distribution services; inventory stocking, and backhaul services.