VSE CORPORATION (NASDAQ:VSEC) 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 Principal Officers; Election of Directors; Appointment of Principal Officers;
VSE CORPORATION (NASDAQ:VSEC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 14, 2016 VSE Corporation (the “Company”) and its chief executive officer, president and chief operating officer, Maurice A. Gauthier, entered into an agreement amending the amended and restated employment agreement, dated as of December 6, 2013, between the Company and Mr. Gauthier. to the amendment agreement Mr. Gauthier will continue to serve as the Company’s chief executive officer, president and chief operating officer until March 31, 2019, unless the employment agreement, as amended, is terminated earlier. The amendment agreement also provides that effective January 1, 2017, Mr. Gauthier’s annual base salary will be $780,000, subject to annual review by the Company’s Compensation Committee and Board of Directors. A copy of the amendment agreement, which qualifies this summary, is included with this report as an Exhibit. A copy of the above-referenced amended and restated employment agreement was included as an Exhibit to the Company’s report on Form 10-Q for the quarter ended March 31, 2016 as filed with the Securities and Exchange Commission on April 29, 2016.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number
10.1 Amendment Agreement, dated as of December 14, 2016, by and between VSE Corporation and Maurice A. Gauthier
About VSE CORPORATION (NASDAQ:VSEC)
VSE Corporation is a services and supply company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Postal Service (USPS), the United States Department of Defense (DoD), federal civilian agencies, and to commercial and other customers. The Company’s service offerings include supply chain and inventory management services; vehicle fleet sustainment programs; vehicle fleet parts; maintenance, repair, and overhaul (MRO) of aircraft engines and engine components; aircraft engine parts supply and distribution; military equipment refurbishment and modification; ship maintenance, overhaul, and follow-on technical support; logistics management support, and machinery condition analysis. VSE CORPORATION (NASDAQ:VSEC) Recent Trading Information
VSE CORPORATION (NASDAQ:VSEC) closed its last trading session up +0.25 at 40.99 with 38,554 shares trading hands.
VSE Corporation is a services and supply company. The Company’s segments include Supply Chain Management Group, Aviation Group, Federal Services Group, and IT, Energy and Management Consulting Group. The Company provides logistics and distribution services for legacy systems and equipment and professional and technical services to the United States Government, including the United States Postal Service (USPS), the United States Department of Defense (DoD), federal civilian agencies, and to commercial and other customers. The Company’s service offerings include supply chain and inventory management services; vehicle fleet sustainment programs; vehicle fleet parts; maintenance, repair, and overhaul (MRO) of aircraft engines and engine components; aircraft engine parts supply and distribution; military equipment refurbishment and modification; ship maintenance, overhaul, and follow-on technical support; logistics management support, and machinery condition analysis. VSE CORPORATION (NASDAQ:VSEC) Recent Trading Information
VSE CORPORATION (NASDAQ:VSEC) closed its last trading session up +0.25 at 40.99 with 38,554 shares trading hands.
