A-Mark Precious Metals Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

A-MARK PRECIOUS METALS, INC.

(Exact name of Registrant as Specified in Its Charter)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 10, 2025, Kathleen Simpson-Taylor notified A-Mark Precious Metals, Inc. (“A-Mark” or the “Company”) of her intention to resign as Chief Financial Officer, Executive Vice President and Assistant Secretary, effective June 30, 2025. Ms. Simpson-Taylor’s departure is due to her decision to retire and not a result of any disagreements with the Company on any matter relating to the Company’s financials, operations, policies or practices.

On April 10, 2025, the Company hired Cary Dickson as Executive Vice President, effective May 2, 2025. On July 1, 2025, Mr. Dickson will assume the duties and title of Chief Financial Officer. Mr. Dickson previously served as A-Mark's Chief Financial Officer from 2015 to 2019. From 2019 to 2021, Mr. Dickson was the Chief Financial Officer of Entrepreneurial Corporate Group, a boutique investment group focusing on hospitality, distribution, and real estate interests. From 2021 to the present, Mr. Dickson has served as Chief Financial Officer and a partner of Hardesty LLC, a provider of financial services to private equity firms and middle market companies. He served in a variety of executive capacities for Mattel, Inc. from 2002 to 2014, including as Vice President of Finance from 2011 to 2014, and as Chief Financial Officer of Mattel Foundation from 2005 to 2014. Mr. Dickson also served as Vice President of Corporate Responsibility, VP of Internal Audit and Vice President of Tax for Mattel, Inc. from 2002 to 2011. Prior to Mattel, Mr. Dickson served as a Senior Vice President at Fox Family Worldwide, Inc., and held positions with The Walt Disney Company and PricewaterhouseCoopers. Mr. Dickson, a Certified Public Accountant, holds a Bachelor of Science degree in Marketing from Southern Illinois University and a Masters of Taxation degree from the University of Denver School of Law.

The Company has entered into an employment agreement with Mr. Dickson, which includes these principal terms:

On April 10, 2025, the Company also entered into a new employment agreement with Thor Gjerdrum, its President. Mr. Gjerdrum’s current employment agreement expires on June 30, 2025. The new employment agreement is effective as of July 1, 2025, except that certain compensation was granted upon signing of the agreement. The agreement contains the following key terms:

On April 10, 2025, the Company also entered into a new employment agreement with Brian Aquilino, its Chief Operating Officer. Mr. Aquilino’s current employment agreement expires on June 30, 2025. The new employment agreement is effective as of July 1, 2025, except that certain compensation was granted upon signing of the agreement. The agreement contains the following key terms:

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.