Chase Packaging Corporation (OTCMKTS:CPKA) 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 of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Effective June 28, 2019, the Board of Director of Chase Packaging Corporation appointed one new member of the Board, Matthew W. Long. There was no arrangement or understanding between the new director and any other person to which the director was selected as a director. The new director has not been named to any committees of the Board of Directors as of the date of this Report. The Corporation’s Board of Directors approved the issuance of 300,000 shares of the Corporation’s common stock to the new director for services to the Corporation through the end of 2019.
Matthew W. Long, CPA, MBA, age 57, served as Interim Chief Financial Officer for Spartan Motors, Inc. a publicly-traded manufacturer of specialty vehicles until their Chief Financial Officer returned from medical leave at the end of 2018. Mr. Long served as a member of Board of Directors of Skyline Corporation serving on the Audit and Compensation Committees in 2017 and 2018 until the company was acquired in 2018. Mr. Long served as Chief Financial Officer, Treasurer, and Assistant Secretary of Supreme Industries, Inc. a publicly-traded leading manufacturer of truck bodies and specialized commercial vehicles from April 2011 until the company was acquired in September 2017. During this time, Mr. Long also served as Interim Chief Executive Officer of Supreme Industries from March 2012 to May 2013. Prior to joining Supreme Industries, Mr. Long served as Treasurer of CTS Corporation, a publicly-traded manufacturer of electronic components and sensors and supplier of electronics manufacturing services from June 2003 until February 2011, and as Assistant Treasurer of CTS from December 2000 until May 2003. Previously, he held a variety of accounting positions for CTS Corporation, Emerson Electric, General Housewares/Chicago Cutlery, and United Technologies.
About Chase Packaging Corporation (OTCMKTS:CPKA)
Chase Packaging Corporation is a shell company. The Company was engaged in the specialty packaging business, primarily as a supplier of packaging products to the agricultural industry. The Company is seeking to secure a suitable merger partner wishing to go public or to acquire private companies to create investment value for the Company. The Company has no operations and no revenue.