Business Context and Reporting Period
This Form 8-K Current Report was filed by BlueLinx Holdings Inc. on March 26, 2008. The filing addresses corporate governance changes, specifically the election of a new director to the Board of Directors.
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
- Director Election: The Board elected Mr. M. Richard Warner as a director on March 26, 2008. His term expires at the 2008 annual meeting of stockholders.
- Director Departure: The election fills a vacancy created by the resignation of Jeffrey J. Fenton, effective March 7, 2008.
- Shareholder Context: Mr. Warner is a senior adviser to Cerberus Capital Management, L.P., which is the indirect holder of approximately 56% of the Company's outstanding common stock.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Investor Verification Points
- Confirm the background and qualifications of the newly elected director, M. Richard Warner.
- Verify the extent of Cerberus Capital Management's influence following the appointment of their senior adviser to the Board.
- Review the circumstances surrounding the resignation of former director Jeffrey J. Fenton.