SEC Filing Summary: Care Investment Trust Inc.
Business Context and Reporting Period
This Form 8-K was filed on July 14, 2008, reporting events that occurred on July 8, 2008. The registrant is Care Investment Trust Inc., a Maryland corporation. The filing addresses changes in senior management.
Key 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 personnel changes and does not contain financial performance data.
Material Changes
- Departure of Officer: Robert O'Neill left the Company on July 8, 2008, to pursue other professional opportunities.
- Appointment of Officer: Frank Plensofski was elected by the Board of Directors to serve as the new Chief Financial Officer and Treasurer, effective immediately on July 8, 2008.
Management Commentary and Background
Mr. Plensofski, age 50, brings over 25 years of industry experience. His recent roles include:
- Senior Vice President at Trust Company of the West (June 2007 – June 2008), working on the creation of a residential REIT.
- Executive Vice President at Freedom Mortgage Corporation (August 2006 – November 2006), involved in the acquisition of Irwin Mortgage Corporation.
- Partner and CFO at Loan Interactive Group (March 2006 – August 2006).
- Senior Vice President and CFO at Opteum Financial Services, LLC (August 2002 – March 2006).
He previously held executive roles at HomeBanc Mortgage, Inc., GMAC Residential, and Rock Financial Corporation (now QuickenLoans Inc.). He holds a B.S. in Business Administration with a concentration in Accounting from LaSalle University.
Investor Verification Checklist
- Verify the effective date of Frank Plensofski's appointment as CFO and Treasurer.
- Confirm the reason for Robert O'Neill's departure and whether any severance or compensatory arrangements were disclosed in the referenced press release (Exhibit 99.1).
- Review the Company's most recent 10-Q or 10-K for financial metrics, as this 8-K contains no financial data.