Business Context and Reporting Period
This Form 8-K Current Report was filed by National Bank Holdings Corporation on April 11, 2013. The filing addresses a corporate governance matter under Item 8.01 (Other Events) regarding the Company's relationship with its public relations firm, Weber Shandwick.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a disclosure of a specific corporate event and does not contain financial performance data.
Material Changes
The Company has terminated its relationship with Weber Shandwick. Previously, the firm provided public relations services for the Company's initial public offering in September 2012. No services have been purchased since the IPO. The termination is effective immediately and will remain in place as long as Micho F. Spring, an employee of Weber Shandwick, serves on the Company's Board of Directors.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, or general risk factors. The primary disclosure relates to a conflict of interest contingency: the Company will not engage Weber Shandwick for services while a director is employed by that firm.
Key Facts for Investor Verification
- Micho F. Spring is a director of National Bank Holdings Corporation and an employee of Weber Shandwick.
- The Company has terminated its contract with Weber Shandwick effective as of the filing date.
- No services have been purchased from Weber Shandwick since the September 2012 IPO.
- The Company has committed to not purchasing services from Weber Shandwick for the duration of Micho F. Spring's tenure on the Board.