Business Context and Reporting Period
This Form 8-K Current Report was filed by Apogee Enterprises, Inc. on July 12, 2005. The filing addresses a material corporate governance event regarding the departure of a principal officer and the appointment of an interim replacement.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statement data.
Material Changes
- Resignation of CFO: William F. Marchido, Chief Financial Officer, announced his resignation, effective August 1, 2005.
- Interim Appointment: James S. Porter, currently Vice President of Strategy and Planning, has been named interim Chief Financial Officer.
- Search Initiated: The company will conduct an internal and external search for a permanent Chief Financial Officer.
Management Commentary and Risks
Management confirmed there are no arrangements or understandings between Mr. Porter and other persons regarding his selection. Mr. Porter does not hold a direct or indirect material interest in any proposed transaction exceeding $60,000. The filing incorporates a press release (Exhibit 99.1) detailing the resignation. No specific risks, contingencies, or unusual items were disclosed in this text beyond the leadership transition.
Investor Verification Checklist
- Verify the timeline for the permanent CFO search and the expected duration of the interim arrangement.
- Review the attached press release (Exhibit 99.1) for additional context on the reasons for Mr. Marchido's departure.
- Monitor upcoming quarterly reports for any impact on financial reporting or internal controls due to the leadership change.