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    Standex International Corporation filed SEC Form 8-K: Leadership Update

    1/4/24 1:38:41 PM ET
    $SXI
    Industrial Machinery/Components
    Industrials
    Get the next $SXI alert in real time by email
    sxi20240104_8k.htm
    false 0000310354 0000310354 2023-12-28 2023-12-28
     

     
    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
     
    Date of Report (Date of earliest event reported): December 28, 2023
     
     
    STANDEX INTERNATIONAL CORPORATION
    (Exact name of registrant as specified in its charter)
     

     
    Delaware 1-7233 31-0596149
    (State or other jurisdiction of
    incorporation or organization)
    (Commission
    File Number)
    (IRS Employer
    Identification No.)
     
    23 Keewaydin Drive, Salem, New Hampshire 03079
    (Address of principal executive offices) (Zip Code)
     
    Registrant’s telephone number, including area code: (603) 893-9701
     
    Not applicable
    (Former name or former address, if changed since last report)
     
    Securities registered pursuant to Section 12(b) of the Act:
     
    Title of each class Trading Symbol(s) Name of each exchange on which registered
    Common Stock, Par Value $1.50 Per Share SXI New York Stock Exchange
     
    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):
     
    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
     
    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. ☐
     
     

     
     

     
    Standex International Corporation
     
     
    ITEM 5.02 DEPARTING DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS TO CERTAIN OFFICERS
     
    (a)   On December 28, 2023, Sean Valashinas, Vice President, Chief Accounting Officer and Assistant Treasurer for the Company, notified the Company that he will be leaving the Company effective January 26, 2024, to pursue an alternative career opportunity.
    (b)   The Company has announced that Amy Gagnon, current Corporate Controller, has been promoted to succeed Mr. Valashinas as Chief Accounting Officer effective January 26, 2024. Ms. Gagnon, age 44 joined the Company in March 2020 as Assistant Controller and was promoted to Corporate Controller in September 2021.  From 2018 until joining the Company in March 2020, Ms. Gagnon was the Assistant Controller at Vapotherm, Inc. a publicly traded manufacturer of medical equipment. Prior to that, she worked for eleven years in positions of increasing finance, accounting and SEC reporting responsibility at publicly traded companies in the semiconductor and biotechnology industries. In connection with her appointment as Chief Accounting Officer, Ms. Gagnon will be a participant in the Company’s Executive Severance Policy which policy previously was filed as an exhibit to the Company’s filing on Form 8-K dated November 1, 2023.
     

     
    SIGNATURE
     
    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 thereunto duly authorized.
     
    STANDEX INTERNATIONAL CORPORATION
    (Registrant)
     
     
    /s/ Ademir Sarcevic  
    Ademir Sarcevic  
    Chief Financial Officer  
       
    Date: January 4, 2024  
       
    Signing on behalf of the registrant and as principal financial officer
     
     
     
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