Filing Overview
Grocery Outlet Holding Corp. filed a Form 8-K reporting board appointments under Item 5.02. The reported events occurred on November 12, 2019; the report was signed on November 18, 2019.
Business Context and Reporting Period
The filing concerns corporate governance and board composition. Grocery Outlet Holding Corp. is incorporated in Delaware, trades under the symbol GO on the Nasdaq Global Select Market, and reported 11 directors following the appointments.
Board Appointments and Committee Changes
- Jeb E. Bachman: Elected as a Class I director and appointed Chairman of the Audit and Risk Management Committee, effective November 12, 2019.
- Mary Kay Haben: Elected as a Class II director and appointed to the Audit and Risk Management Committee and the Nominating and Corporate Governance Committee, effective November 14, 2019.
- The board increased in size from nine to eleven members.
Financial Metrics and Liquidity
This filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating or financial metrics.
Compensation, Outlook, and Risks
Mr. Bachman and Ms. Haben will receive compensation as non-employee directors under the company’s existing non-employee director compensation policy, as described in its Form S-1 registration statement filed October 4, 2019. The filing provides no financial guidance, management outlook, contingencies, or new risk disclosures.
Important Facts to Verify
- Confirm the effective dates of the appointments: November 12 for Mr. Bachman and November 14 for Ms. Haben.
- Review the company’s director compensation policy in the October 4, 2019 Form S-1 for the applicable compensation terms.
- Confirm the resulting 11-member board composition and committee memberships in subsequent proxy or SEC filings.