Current Report Filing (8-k)
September 23 2022 - 5:01PM
Edgar (US Regulatory)
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2022-09-23
2022-09-23
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 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)
September 23, 2022
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CONSUMER PORTFOLIO SERVICES, INC. |
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(Exact Name of Registrant as Specified in Charter) |
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california |
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1-11416 |
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33-0459135 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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3800 Howard Hughes Pkwy, Suite 1400, Las Vegas, NV 89169 |
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(Address of Principal Executive Offices) (Zip Code) |
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Registrant's telephone number, including area code
(949) 753-6800
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Not Applicable |
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(Former name or former address, if changed since last report) |
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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))
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, no par value |
CPSS |
The Nasdaq Stock Market LLC (Global Market) |
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 September 23, 2022, Consumer
Portfolio Services, Inc. (the “Company”) announced that it has appointed Denesh “Danny” Bharwani as its Chief
Financial Officer and Senior Vice President - Finance. Mr. Bharwani, 54, has been the Company’s Senior Vice President – Finance
since April 2016. He was previously the Company’s Vice President – Finance from June 2002, and joined the Company as Assistant
Controller in August 1997.
The Company also announced the
retirement of Jeffrey P. Fritz as its Chief Financial Officer and Executive Vice President – Finance. Mr. Fritz will remain as a
non-executive employee of the Company through December 31, 2022, during which time he will serve as an adviser to the Company’s
senior management, with a focus on facilitating the orderly transition of his responsibilities to Mr. Bharwani.
Mr. Fritz has served as the Company’s
Chief Financial Officer for well over 20 years, and the Company is very grateful for his valuable contributions.
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, thereunto duly authorized.
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CONSUMER PORTFOLIO SERVICES, INC. |
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Dated: September 23, 2022 |
By: /s/ Denesh Bharwani |
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Denesh Bharwani
Senior Vice President Signing on behalf of the registrant |
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