Business Context and Reporting Period
This Form 8-K Current Report was filed by BlueLinx Holdings Inc. on October 3, 2023, covering the earliest event date of September 29, 2023. The filing primarily addresses corporate governance changes regarding executive appointments.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on personnel changes rather than financial performance data.
Material Changes
The material change reported is the appointment of Kimberly A. DeBrock as Vice President and Chief Accounting Officer, effective September 29, 2023. Prior to this appointment, Ms. DeBrock served as a consultant for the Company starting in July 2023.
Management Commentary and Compensation
- Appointment Details: The Board of Directors appointed Ms. DeBrock to the role of Vice President and Chief Accounting Officer.
- Background: Ms. DeBrock previously served as Vice President, Controller, and Chief Accounting Officer for Neenah, Inc. (now Mativ Holdings, Inc.) and held various roles at KPMG LLP, National Service Industries, Inc., General Electric Energy, and Georgia-Pacific LLC.
- Compensation: Ms. DeBrock entered into an offer letter providing an annual base salary, a target annual bonus opportunity, and eligibility for annual equity grants under the Company's Long-Term Incentive Plan. Compensation levels are consistent with other similarly situated vice presidents.
- Relationships: The filing states there are no family relationships between Ms. DeBrock and any director or executive officer, and no undisclosed arrangements influenced her selection.
Investor Verification Checklist
- Verify the effective date of the Chief Accounting Officer appointment (September 29, 2023).
- Confirm the absence of undisclosed material interests or family relationships involving the new appointee.
- Note that this filing does not contain updated financial results; refer to the most recent 10-Q or 10-K for financial metrics.