SEC Filing Summary: SPACEHAB, Incorporated (Form 8-K)
Business Context and Reporting Period
This Form 8-K was filed by SPACEHAB, Incorporated on February 15, 2008. The report addresses corporate governance changes effective as of the filing date. The registrant is incorporated in Washington with principal executive offices in Webster, Texas.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on management appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the restructuring of the Board of Directors and committee memberships:
- Chairman of the Board: Mr. Thomas B. Pickens, III was elected Chairman, replacing Mr. Barry A. Williamson. Mr. Pickens continues as Chief Executive Officer.
- Board Membership: Mr. Barry A. Williamson remains a member of the Board of Directors.
- Audit Committee: Mr. John A. Oliva was appointed Chairman. Mr. Mark Adams and Mr. Scott Nieboer were designated as members.
- Compensation Committee: Mr. Mark Adams was appointed Chairman. Mr. John Oliva and Mr. William Readdy were appointed as members.
- Corporate Governance and Nominating Committee: Mr. Mark Adams was appointed Chairman. Mr. Barry A. Williamson and General (Ret.) Lance Lord were appointed as members.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, specific risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirm the effective date of Thomas B. Pickens, III's new role as Chairman of the Board.
- Verify the composition of the Audit, Compensation, and Corporate Governance committees as detailed in Item 5.02.
- Review subsequent filings for any financial impact related to these governance changes.