Business Context and Reporting Period
This Form 8-K is a current report filed by Information Services Group, Inc. on May 18, 2009. The filing pertains to corporate governance changes occurring at the company's annual meeting of shareholders held on the same date.
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 Resignation: R. Glenn Hubbard resigned from the Board of Directors effective immediately on May 18, 2009. His term as a Class II director concluded at the annual meeting, and he chose not to seek re-election.
- Committee Appointment: Donald C. Waite III was elected by the Board of Directors to serve as Chairman of the Nominating and Corporate Governance Committee, effective upon Dr. Hubbard's resignation.
- Board Vacancy: The vacancy left by Dr. Hubbard may be filled by a majority vote of the Board at a later date.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the disclosure of the director's departure and the subsequent committee appointment.
Key Facts for Investor Verification
- Confirm the effective date of R. Glenn Hubbard's resignation (May 18, 2009).
- Verify the appointment of Donald C. Waite III as Chairman of the Nominating and Corporate Governance Committee.
- Monitor future filings for the appointment of a new director to fill the Class II vacancy.