Business Context and Reporting Period
This Form 8-K is a current report filed by Command Center, Inc. (not Hirequest, Inc.) on May 13, 2009. The report discloses a corporate governance event regarding the appointment of a principal officer.
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 statements.
Material Changes
The material change reported is the appointment of Todd Welstad as Chief Operating Officer, effective May 11, 2009. Mr. Welstad, who is the son of Chairman and CEO Glenn Welstad, previously served as Executive Vice President, Chief Information Officer, and a director since November 2005. He will retain his previous titles in addition to his new role.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. It includes a standard Regulation FD disclosure stating that the information is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the correct registrant name is Command Center, Inc., not Hirequest, Inc.
- Confirm Todd Welstad's dual reporting structure as both COO and CIO.
- Note the familial relationship between the new COO and the Chairman/CEO.
- Check subsequent filings for any financial impact of this leadership change.