Schmitt Industries Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective November 14, 2022, the Board of Directors (the “Board”) of Schmitt Industries, Inc. (the “Registrant”) appointed Kristi Frank to the Board. Ms. Frank’s initial term as director will expire at the Registrant’s 2022 Annual Meeting of Shareholders at which time it is expected that she will be a director nominee. Ms. Frank has been appointed to serve on the Board’s Audit, Compensation, and Nominating Committees.
There are no transactions in which Ms. Frank has an interest requiring disclosure under Item 404(a) of Regulation S-K. Ms. Frank will be entitled to receive the regular compensation paid to the Registrant’s non-employee directors as fixed by the Board from time-to-time.
A copy of the press release announcing the appointment of Ms. Frank to the Board is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit | Description |
| 99.1 | Press release entitled “Schmitt Industries Appoints Kristi Frank to its Board”. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| SCHMITT INDUSTRIES, INC. | ||||
| November 16, 2022 | By: |
/s/ Philip Bosco | ||
| Name: Philip Bosco | ||||
| Title: Chief Financial Officer and Treasurer | ||||