SiteOne Landscape Supply, Inc. (NYSE:SITE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Resignation of Directors
Effective as of June23, 2017, the Board of Directors (the Board)
of SiteOne Landscape Supply, Inc. (the Company) accepted the
resignations of Kenneth A. Giuriceo and Wes Robinson.
Resignation and Appointment of Chairman of the Board;
Nominating and Corporate Governance Committee of the Board
Resignation; Compensation Committee of the Board Resignation and
Appointments
Paul S. Pressler resigned as the Chairman of the Board, as a
member of the Nominating and Corporate Governance Committee of
the Board and as a member and Chairman of the Compensation
Committee of the Board, in each case effective as of June23,
2017. In connection with Mr.Presslers resignations, the Board
appointed Doug Black to serve as Chairman of the Board, Jeri L.
Isbell to serve as Chairman of the Compensation Committee of the
Board and Michael J. Grebe as a member of the Compensation
Committee, in each case effective as of June23, 2017. Following
these resignations and appointments, all committees of the Board
will be comprised entirely of directors that the Board has
determined are independent as defined under NYSE listing
standards (Independent) and a majority of the members of the
Board will be Independent.
Appointment of Lead Director
Effective as of June23, 2017, the Board appointed William W.
Douglas, III, upon selection by the majority of the Independent
members of the Board in accordance with the Companys Corporate
Governance Guidelines, as the Lead Director of the Board.
Item7.01. |
Regulation FD Disclosure. |
The Company separately reported that it will have 64, 63 and 61
Selling Days in the second, third and fourth fiscal quarters,
respectively, of the fiscal year ending December31, 2017. Selling
Days are the number of business days, excluding Saturdays,
Sundays and holidays, that the Companys branches are open during
the relevant reporting period.
About SiteOne Landscape Supply, Inc. (NYSE:SITE)
SiteOne Landscape Supply, Inc. is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores. The Company offers a selection of fertilizer and control products, such as herbicides, irrigation supplies, landscape accessories, nursery goods, hardscapes, including pavers, natural stones and blocks, and outdoor lighting products. The Company’s customers are primarily residential and commercial landscape professionals specializing in the designing, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces. The Company offers various products, such as spreader settings, LESCO equipment specification sheets, golf course supplies, seed: golf and greentech specification binder.
