ROYAL GOLD,INC. (NASDAQ:RGLD) 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 May30, 2018, the Board of Directors of Royal Gold,Inc. (the “Company”) appointed William Heissenbuttel to serve as Chief Financial Officer and Vice President Strategy, effective June1, 2018 (“Effective Date”). Stefan Wenger resigned his position as the Company’s Chief Financial Officer and Treasurer as of the Effective Date.
Mr.Heissenbuttel, age 53, has served the Company as Vice President Corporate Development since February2007. From January2015 to June2016, he served as Vice President Corporate Development and Operations for the Company, and from April2006 through January2007, he was Manager Corporate Development for the Company. Additional information about Mr.Heissenbuttel, including his compensation arrangements with the Company, may be found in the Company’s definitive proxy statement for its 2017 Annual Meeting of Stockholders on Schedule 14A filed on October2, 2017, and a form of first amendment to employment agreement filed as Exhibit10.1 to the Company’s Quarterly Report on Form10-Q for the quarter ended December31, 2017. No grants or awards were made to Mr.Heissenbuttel, and no material amendments were made to Mr.Heissenbuttel’s employment agreement or any outstanding equity award agreement to which he is a party, in connection with the foregoing appointment.
There is no other arrangement or understanding between Mr.Heissenbuttel and any other persons to which he was appointed Chief Financial Officer and Vice President Strategy of the Company. Mr.Heissenbuttel does not have a family relationship with any member of the Board of Directors or any executive officer of the Company, and Mr.Heissenbuttel has not been a participant or had any interest in any transaction with the Company that is reportable under Item404(a)of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
A copy of the Company’s press release announcing the appointment of Mr.Heissenbuttel is attached hereto as Exhibit99.1 and is incorporated herein by reference.
The information furnished under this Item 7.01, including Exhibit99.1, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits
|
Exhibit No. |
Description |
|
99.1 |
Press Release dated June1, 2018. |
ROYAL GOLD INC ExhibitEX-99.1 2 a18-14843_1ex99d1.htm EX-99.1 EXHIBIT 99.1 Royal Gold Announces New Organizational Structure DENVER,…To view the full exhibit click here
About ROYAL GOLD,INC. (NASDAQ:RGLD)
Royal Gold, Inc., together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other. As of June 30, 2016, the Company owned stream interests on four producing properties and three development-stage properties. It has investments in stream interests relating to Pueblo Viejo, Andacollo, Wassa and Prestea, and Rainy River. As of June 30, 2016, the Company owned royalty interests on 34 producing properties, 21 development-stage properties and 131 exploration-stage properties, of which it considered 50 to be evaluation-stage projects.
