DUCOMMUN INCORPORATED (NYSE:DCO) 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 May 19, 2017, the Compensation Committee of the Board of Directors (the “Committee”) of Ducommun Incorporated, a Delaware corporation (the “Company”), approved a promotion for Jerry Redondo, effective June 1, 2017, to Senior Vice President, Operations and Head of Ducommun Structures. In connection with the promotion, the Committee approved an increase of Mr. Redondo’s (i) base salary from $310,000 to $380,000, and (ii) annual target bonus percentage from 45% to 50% of his base salary.
Item 8.01 Other Events.
On May 15, 2017, the Company relocated its corporate headquarters to 200 Sandpointe Avenue, Suite 700, Santa Ana, California 92707-5759.
About DUCOMMUN INCORPORATED (NYSE:DCO)
Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions. The Company operates through two segments: Electronic Systems (ES) and Structural Systems (SS). The ES segment has over three product offerings in electronics manufacturing for various applications, including complex cable assemblies and interconnect systems, printed circuit board assemblies, and electronic, electromechanical and mechanical assemblies. The SS segment offers over three product offerings to support a customer base, including commercial aircraft, military fixed-wing aircraft, and military and commercial rotary-wing aircraft. DUCOMMUN INCORPORATED (NYSE:DCO) Recent Trading Information
DUCOMMUN INCORPORATED (NYSE:DCO) closed its last trading session up +0.25 at 32.54 with 66,389 shares trading hands.
