Escalade Incorporated filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

false 0000033488 0000033488 2024-08-13 2024-08-13

 

 

 

 

 

 

(Exact Name of Registrant as Specified in Its Charter)

 

(State or Other Jurisdiction of Incorporation)

 

         

(812) 467-1358

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Not Applicable

(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 (see General Instruction A.2. below):

 

 

 

 

 

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 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

 

(b)          On August 13, Walter P. Glazer, Jr. informed the Board of Directors of Escalade, Incorporated (the “Company”) of his intention to retire from his role as Chief Executive Officer and President of the Company. Mr. Glazer further informed the Board that his desired retirement date would be December 31, 2024, but that he will work with the Board to assist with a smooth transition to his successor and through any transition period that the Board may desire.

 

The Nominating and Corporate Governance Committee of the Company’s Board will lead the process to determine Mr. Glazer’s successor. The Committee, with the assistance of an executive search firm, will consider internal and external candidates qualified and interested in becoming the Company’s next Chief Executive Officer and President.

 

The Board expects that Mr. Glazer will continue to serve on the Company’s Board of Directors following his retirement, subject to annual election by the Company’s shareholders.

 

 

 

 

 

 

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