GMS INC. (NASDAQ:GMS) 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 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.
