Form 8-K - Current report

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) June 28, 2023 (June 26, 2023)

AVALON HOLDINGS CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Ohio	1-14105	34-1863889
(State or Other Jurisdiction	(Commission File	(IRS Employer
of Incorporation)	Number)	Identification No.)

One American Way, Warren, Ohio 44484

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (330) 856-8800

(Former name and 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
Class A Common Stock, $0.01 par value	AWX	NYSE American

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:

☐ 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 240.13e4(c))

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 Principal Officers; Election of Directors; Appointments of Principal Officers

The Board of Directors of Avalon Holdings Corporation (“Avalon”) approved the appointment of Michael J. Havalo as Chief Financial Officer and Treasurer effective June 26, 2023. The Company issued a press release on June 28, 2023, announcing Mr. Havalo’s appointment. A copy of the press release is attached hereto as Exhibit 99.1.

Mr. Havalo’s annual base salary will be $170,000.

ITEM 9.01 Financial Statements and Exhibits

Exhibit Number

Exhibit 99.1 Press release dated June 28, 2023

Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

A copy of the press release is attached as Exhibit 99.1

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.

	AVALON HOLDINGS CORPORATION (Registrant)


	By:	/s/ Michael J. Havalo
		Michael J. Havalo
		Chief Financial Officer and Treasurer

DATED: June 28, 2023

EXHIBIT INDEX

Exhibit Number		Description
99.1		Press release dated June 28, 2023.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Exhibit 99.1

	Avalon Holdings Corporation
	One American Way ● Warren, OH 44484-5555 ● Phone: (330) 856-8800

AVALON HOLDINGS CORPORATION ANNOUNCES ORGANIZATIONAL CHANGES

WARREN, Ohio (June 28, 2023) – Ronald E. Klingle, Chairman of the Board of Avalon Holdings Corporation (NYSE Amex:AWX) today announced that effective June 26, 2023, Michael J. Havalo, has been hired as Chief Financial Officer and Treasurer.

Mr. Havalo has previously served as the Chief Financial Officer and Treasurer at McDonald Steel Corporation. McDonald Steel Corporation is a world leader in precision engineered hot rolled special steel shapes. Prior to McDonald Steel Corporation, Mr. Havalo worked for Hill, Barth & King, LLC, public accounting firm. Mr. Havalo received his Bachelor of Business Administration degree in Accounting from Youngstown State University and has been a Certified Public Accountant since 2010.

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. Avalon Holdings Corporation also owns the Avalon Golf and Country Club, which operates a world-class country club and one of the premier resorts in the United States, The Grand Resort.

-end-

Document And Entity Information	Jun. 26, 2023
Document Information [Line Items]
Entity, Registrant Name	AVALON HOLDINGS CORPORATION
Document, Type	8-K
Document, Period End Date	Jun. 26, 2023
Entity, Incorporation, State or Country Code	OH
Entity, File Number	1-14105
Entity, Tax Identification Number	34-1863889
Entity, Address, Address Line One	One American Way
Entity, Address, City or Town	Warren
Entity, Address, State or Province	OH
Entity, Address, Postal Zip Code	44484
City Area Code	330
Local Phone Number	856-8800
Title of 12(b) Security	Class A Common Stock
Trading Symbol	AWX
Security Exchange Name	NYSE
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0001061069