MCBC Holdings,Inc. (NASDAQ:MCFT) 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.
(b)
On May8, 2017, the Board of Directors (the Board) of MCBC
Holdings,Inc. (the Company), upon recommendation by the Companys
Nominating and Corporate Governance Committee, elected W. Patrick
Battle to serve as an independent ClassIII director of the
Company, effective May8, 2017. Mr.Battle has also been appointed
to serve on the Companys Nominating and Corporate Governance
Committee, effective May8, 2017. Mr.Battle will be entitled to
receive compensation under the Companys non-employee director
compensation policy, including a grant of restricted stock. In
addition, Mr.Battle will also enter into the Companys standard
indemnification agreement with directors.
A copy of the Companys press release announcing Mr.Battles
appointment is attached to this Current Report on Form8-K as
Exhibit99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
(d)Exhibits.
|
99.1 |
Press release, dated May8, 2017. |
About MCBC Holdings, Inc. (NASDAQ:MCFT)
MCBC Holdings, Inc. (MCBC) is a holding company. The Company is a designer and manufacturer of inboard tournament ski boats and V-drive runabouts under the MasterCraft brand. The Company operates through two segments: MasterCraft and Hydra-Sports. The MasterCraft product brand consists of recreational performance boats primarily used for water skiing, wakeboarding and wake surfing, and general recreational boating. The Company distributes the MasterCraft product brand through its dealer network. The Company manufactures a range of Hydra-Sports recreational fishing boats. It also leases a parts warehouse in the United Kingdom to expedite service, primarily to dealers and customers in the European Union. Its MasterCraft-branded portfolio includes Star Series, XSeries and NXT boats. In addition, MCBC offers various accessories, including trailers and aftermarket parts. The Company operates primarily through its subsidiaries, MasterCraft Boat Company, LLC and MCBC Hydra Boats, LLC. MCBC Holdings, Inc. (NASDAQ:MCFT) Recent Trading Information
MCBC Holdings, Inc. (NASDAQ:MCFT) closed its last trading session up +0.18 at 17.13 with 106,327 shares trading hands.
