GMS INC. (LON:GMS) 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
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GMS INC. (LON:GMS) 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 or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 21, 2016, GMS Inc. (the “Company”) announced that Richard Alan Adams, age 56, will be promoted to serve in a newly formed position of Senior Vice President of Operations, effective December 21, 2016. The Company’s divisional vice presidents will report to Mr. Adams in this new role. Mr. Adams joined the Company in 1996 and served as the Company’s Vice President, Chief Accounting Officer, and Chief Technology Officer from August 2014 to September 2016 and as the Company’s Vice President and Chief Information Officer since September 2016. Mr. Adams served as the Subsidiary Accounting Manager of the Company’s predecessor and wholly owned subsidiary, Gypsum Management and Supply, Inc., from March 1996 to May 2000, as its Controller from May 2000 to November 2013, and as its Chief Financial Officer from November 2013 to August 2014. Mr. Adams will continue to serve as the Company’s Chief Information Officer until his successor is named.

Mr. Adams does not have any family relationships with any executive officer or director of the Company.

Mr. Adams is not a party to any transaction required to be disclosed to Item 404(a) of Regulation S-K.


About GMS INC. (LON:GMS)

Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). The Company and its subsidiaries are investing in, establishing and managing commercial and industrial projects, as well as chartering and operating a fleet of vessels. The Company constructs and maintains its vessels in Abu Dhabi. The vessels are capable of operations in the Middle East, South East Asia, West Africa and Europe. It operates through three segments: Small Class vessels, which include the Naashi, Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, Kinoa and Pepper vessels; Mid-Size Class vessels, which include the Shamal and Scirocco vessels; Large Class vessels, which include the Endeavour, Endurance and Enterprise vessels, and Other vessels, which include over two legacy non-SESV vessels and an accommodation barge (Khawla), which do not form part of the Small, Mid-Size or Large Class vessels segments.

GMS INC. (LON:GMS) Recent Trading Information

GMS INC. (LON:GMS) closed its last trading session down -1.12 at 48.50 with 29,023 shares trading hands.