Cardtronics plc (NASDAQ:CATM) 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

6 years ago

Cardtronics plc (NASDAQ:CATM) 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 June20, 2018, the Board of Directors (the “Board”) of Cardtronics plc (the “Company”) increased its size to ten (10)directors and appointed Warren C. Jenson and Douglas L. Braunstein to the Board for an initial term ending at the Company’s annual general meeting in 2019 and 2020, respectively. Mr.Braunstein will serve as a ClassI director and as a member of the Finance and Compensation Committees. Mr.Jenson will serve as a ClassIII director and as a member of each of the Audit and Nominating& Governance Committees.

Mr.Braunstein currently serves as Managing Partner and Co-Founder of Hudson Executive Capital LP (“HEC”), which is the Company’s largest shareholder and owns approximately 17.5% of the Company’s common stock. Prior to founding HEC, Mr.Braunstein served in several senior leadership roles at JPMorgan Chase& Co., including as Chief Financial Officer and Vice Chairman, as well as head of JP Morgan’s investment banking business. Mr.Braunstein currently serves as a director at Eagle Pharmaceuticals,Inc. and Corindus Vascular Robotics,Inc.

Mr.Jenson currently serves as Chief Financial Officer& Executive Vice President of Acxiom and as President of Acxiom International since 2012. He has held numerous other public and private company CFO roles including at Silver Spring Networks Inc., Electronic Arts Inc., NBC, Amazon.com and Delta Air Lines. Mr.Jenson also brings public company board experience having previously served as a director of DigitalGlobe,Inc. from 2008 to 2017.

Mr.Braunstein and Mr.Jenson will receive compensation commensurate with the other non-employee directors and based on their committee service, which will be prorated for the remainder of 2018. The Company’s director compensation program is described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April12, 2018.

In connection with the appointments of Mr.Braunstein and Mr.Jenson to the Board and the Committees on which they will serve, the Board determined that Tim Arnoult will no longer serve on the Finance Committee and that Mark Rossi will no longer serve on the Audit Committee as of the date Mr.Braunstein and Mr.Jenson join the Board.

A copy of the press release announcing the appointments of Douglas L. Braunstein and Warren C. Jenson is attached hereto as Exhibit99.1

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

99.1 Press release dated June21, 2018

Cardtronics plc ExhibitEX-99.1 2 a18-15747_1ex99d1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Cardtronics Appoints Douglas L. Braunstein and Warren C. Jenson to Board of Directors Braunstein Adds Significant Financial Experience and Shareholder Representation; Jenson Brings Global Business,…To view the full exhibit click here
About Cardtronics plc (NASDAQ:CATM)
Cardtronics PLC, formerly Cardtronics, Inc., is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments. Its North America segment includes operations in all 50 states, Puerto Rico, Canada and Mexico. Its Europe segment includes its operations in the United Kingdom, Germany and Poland. In the United States, certain of the Company’s devices are multi-function financial services kiosks that, in addition to traditional ATM functions, such as cash dispensing and bank account balance inquiries, perform other consumer financial services, including bill payments, remote deposit capture (which is deposit taking at ATMs using electronic imaging), and money transfers. It also owns and operates the Allpoint network, which is a surcharge-free ATM network within the United States.