Business Context and Reporting Period
This Form 8-K was filed by AMP Holding Inc. (not Workhorse Group Inc.) on May 16, 2012. The report addresses a change in executive management under Item 5.02.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding personnel changes and does not contain financial statements.
Material Changes
- Resignation: Paul V. Gonzales resigned as Chief Financial Officer on May 16, 2012, to pursue other interests.
- Appointment: Richard Calme was appointed as Interim Chief Financial Officer.
- Background: Mr. Calme has served as Controller of AMP Electric Vehicles, Inc. since January 4, 2010, and holds an MBA in Finance from Xavier University.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or specific risk factors related to financial performance. It notes that the summary of agreements is not complete and refers readers to attached exhibits for full terms and conditions.
Investor Verification Checklist
- Verify the correct registrant name is AMP Holding Inc., not Workhorse Group Inc.
- Confirm the effective date of the CFO transition (May 16, 2012).
- Review the attached exhibits for any compensatory agreements or specific terms regarding the new Interim CFO.
- Check subsequent filings for the appointment of a permanent CFO.