Business Context and Reporting Period
This Form 8-K Current Report was filed by GoPro, Inc. on July 5, 2016. The filing reports a corporate governance event: the appointment of a new member to the Board of Directors.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is strictly a report on the appointment of a director.
Material Changes
The material change reported is the appointment of Lauren Zalaznick to the Board of Directors, effective immediately on July 5, 2016. She was appointed to serve until the 2017 annual meeting of stockholders or until her successor is elected. Concurrently, she was appointed to the Compensation and Leadership Committee and the Nominating and Governance Committee.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It notes that Ms. Zalaznick will receive compensation in accordance with the Company's non-employee director compensation policy approved in August 2015 and has executed a standard indemnity agreement. No family relationships or undisclosed material interests were reported.
Key Facts for Investor Verification
- Lauren Zalaznick was appointed to the GoPro Board of Directors on July 5, 2016.
- She serves on the Compensation and Leadership Committee and the Nominating and Governance Committee.
- Her term lasts until the 2017 annual meeting of stockholders or until a successor is qualified.
- Compensation is governed by the policy described in the April 22, 2016 Definitive Proxy Statement.
- No financial performance data is included in this specific filing.