Hakan Edstrom Steps Down. Mann resumes CEO job
Nov 23, 2015 18:35:10 GMT -5
benyiju and peppy like this
Post by mnkdfann on Nov 23, 2015 18:35:10 GMT -5
As previously noted, that 8K SEC filing is only required in CERTAIN instances and what happened with Hakan's departure may or may not qualify. As we do not yet know why he departed, we have no way of knowing whether the filing is coming or not.
Cut and pasted from before:
The SEC rules only require this disclosure in certain instances: "Item 5.02 (a)(1) If a director has resigned or refuses to stand for re-election to the board of directors since the date of the last annual meeting of shareholders because of a disagreement with the registrant, known to an executive officer of the registrant, as defined in 17 CFR 240.3b-7, on any matter relating to the registrant’s operations, policies or practices, or if a director has been removed for cause from the board of directors, disclose the following information ..."
