GENTEX CORPORATION (NASDAQ:GNTX) 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.
|
(c) |
(c)Gentex Corporation announced that Steve Downing, age 39, was appointed as the Company's President, Chief Operating Officer, Interim Chief Financial Officer, and Treasurer effective as of August 17, 2017. Mr. Downing has been the Company's: Senior Vice President and Chief Financial Officer and Treasurer since June 2015; Vice President of Finance and Chief Financial Officer from May 2013 to June 2015; and Vice President of Commercial Management from July 2012 to May 2013. He has been employed by the Company since 2002, beginning as a financial analyst, moving on to senior financial analyst, and then serving in various roles in commercial management, including Director of Commercial Management, until his promotion to Vice President-Commercial Management. He is a summa cum laude graduate of Liberty University with a Bachelor of Science Degree in Finance and Management. |
Mr. Downing does not currently have a written employment agreement as is the case with all other U.S. employees of the Company. The Company is currently negotiating the terms of Mr. Downing's employment arrangement, which will be effective upon approval by the Board of Directors. Mr. Downing does not have any family relationships with any director or executive officer of the Company. A copy of the Company's News Release concerning this announcement is attached as Exhibit 99.1.
Section 9.Financial Statements and Exhibits
Item 9.01Financial Statements and Exhibits.
(d)Exhibit
99.1 – News Release Dated August 22, 2017.
GENTEX CORP ExhibitEX-99.1 2 exhibit9918222017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1GENTEX CORPORATION ANNOUNCES OFFICER PROMOTIONZEELAND,…To view the full exhibit click here
About GENTEX CORPORATION (NASDAQ:GNTX)
Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. The Company’s segments include Automotive Products and Other, which includes Fire Protection Products and Dimmable Aircraft Windows. The Company’s business involves designing, developing, manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. The Company also designs, develops and manufactures various electronics features that are additive to the interior and exterior automotive rearview mirrors, as well as interior visors and overhead consoles. The Company ships its product to all of the automotive producing regions across the world.