SP PLUS CORPORATION (NASDAQ:SP) 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 March 28, 2019, Vance C. Johnston, the registrant’s Executive Vice President, Chief Financial Officer and Treasurer, notified SP Plus Corporation (the “Company”) of his decision to resign his position for another opportunity. Mr. Johnston’s resignation is effective as of the close of business on April 18, 2019.
The Company has commenced a search for Mr. Johnston’s replacement. Kristopher H. Roy, the Company’s Senior Vice President and Corporate Controller, will serve as interim Chief Financial Officer and principal financial officer of the Company. Mr. Roy will continue to serve as the Company’s principal accounting officer.
Mr. Roy, 44, has served as the Company’s Senior Vice President and Corporate Controller since August 2015. Mr. Roy joined the Company in 2013 as the Company’s Vice President, Assistant Controller and has served as the Company’s Vice President and Corporate Controller from August 2014 to July 2015. Prior to that, Mr. Roy was the Global Director of Accounting, Consolidation and Financial Systems at CNH Industrial N.V. and its predecessor. Prior to that, Mr. Roy spent 12 years with Ernst & Young, LLP. Mr. Roy is a certified public accountant and he earned his Bachelor of Arts degree in accounting from Michigan State University.
There is no family relationship between Mr. Roy and any director or executive officer of the Company and he has no direct or indirect material interest required to be disclosed to Item 404(a) of Regulation S-K.
Item 8.01. Other Events.
The Company issued a news release announcing Mr. Johnston’s resignation and Mr. Roy’s appointment as interim Chief Financial Officer. A copy of the news released is attached to this current report on Form 8-K as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) The following exhibits are furnished as part of this report.
| Description | |
| 99.1 | News Release dated April 2, 2019 |
SP Plus Corp Exhibit
EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 SP Plus Corporation Announces CFO Departure; Appoints Interim CFO CHICAGO,…
To view the full exhibit click here
About SP PLUS CORPORATION (NASDAQ:SP)
SP Plus Corporation provides parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. The Company operates through six segments: Region One (North reporting unit), Region Two (South reporting unit), Region Three (New York Metropolitan tri-state area of New York, New Jersey and Connecticut reporting unit), Region Four (Airport transportation operations around the nation reporting unit) and Region Five (the United States Parking reporting unit and event planning and transportation services reporting unit). Its SP+ brand includes an array of its operating divisions, such as SP+ Airport Services, SP+ GAMEDAY, SP+ Healthcare Services, SP+ Hotel Services, SP+ Municipal Services, SP+ Office Services, SP+ Residential Services, SP+ Retail Services and SP+ University Services. It offers parking services under its SP + Parking, Standard Parking, Central Parking and USA Parking brands.
