Current Report Filing (8-k)
September 30 2016 - 4:31PM
Edgar (US Regulatory)
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
September
29, 2016
Date
of Report (Date of earliest event reported)
BALLANTYNE
STRONG, INC.
(Exact
name of registrant as specified in its charter)
Delaware
|
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1-13906
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47-0587703
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(State
or other jurisdiction of
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|
(Commission
|
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(IRS
Employer
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incorporation
or organization)
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File
No.)
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Identification
Number)
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13710
FNB Parkway, Suite 400
|
|
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Omaha,
Nebraska
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68154
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(Address
of principal executive offices)
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(Zip
Code)
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(402)
453-4444
(Registrant’s
telephone number including area code)
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):
[ ]
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))
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On
September 29, 2016, the Board of Directors of Ballantyne Strong, Inc. (the “Company”) appointed Ryan Burke as Senior
Vice President, Chief Financial Officer, and Treasurer of the Company, effective immediately. In this new role,
Mr. Burke will oversee all finance, accounting and treasury responsibilities for the Company. As the Company transitions to a
holding company leadership team, Mr. Burke succeeds Nathan D. Legband as principal financial officer. On September 29, 2016, Mr.
Legband resigned from his position as Senior Vice President, Chief Financial Officer and Treasurer of the Company, effective immediately,
in order to pursue other opportunities at the end of October.
Mr.
Burke, age 37, joined the Company in January 2015 as Corporate Controller and was responsible for preparation of SEC filings
and coordinating internal audit, external audit and tax preparation activities. From November 2008 to December 2014, Mr.
Burke served as Portfolio Company Controller for Tenaska Capital Management, LLC, an investment company, where he had direct
responsibility for financial reporting and control environment functions of multiple portfolio companies. From October 2002
to October 2008, he was an audit manager for KPMG, LLP. Mr. Burke holds a Bachelor of Science degree in business
administration from Creighton University. He is a CPA (inactive) and a member of the American Institute of Certified Public
Accountants and the Nebraska Society of Certified Public Accountants.
In
connection with his appointment as Senior Vice President, Chief Financial Officer, and Treasurer Mr. Burke will
receive an annual base salary of $170,000.
To
the Company’s knowledge, there are no arrangements or understandings between Mr. Burke and any other person pursuant to
which he was selected as Senior Vice President, Chief Financial Officer, and Treasurer. In addition, there are no
family relationships between Mr. Burke and any directors or executive officers of the Company, and no transactions are required
to be reported under Item 404(a) of Regulation S-K between Mr. Burke and the Company.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
No.
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Description
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99.1
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Press
Release, dated September 30, 2016.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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BALLANTYNE
STRONG, INC.
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Date:
September 30, 2016
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By:
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/s/
D. Kyle Cerminara
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D.
Kyle Cerminara
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Chairman
of the Board of Directors and Chief Executive Officer
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Exhibit
Index
Exhibit
No.
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Description
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|
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99.1
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Press
Release, dated September 30, 2016.
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