Business Context and Reporting Period
This Form 8-K Current Report was filed by Associated Banc-Corp on October 28, 2008. The report discloses a corporate governance event that occurred on October 22, 2008, involving the expansion of the Board of Directors.
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 and governance changes rather than financial performance.
Material Changes
- Board Expansion: The Board of Directors increased the total number of directors from twelve to thirteen.
- New Appointment: Lisa B. Binder, the company's President and Chief Operating Officer, was appointed to the Board of Directors.
- Term Details: Ms. Binder's term is set to expire at the Annual Meeting of Shareholders in 2009.
- Committee Assignments: Ms. Binder was not appointed to any Board Committees at the time of this filing.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. No specific risks or contingencies were disclosed in this report. The appointment was made upon the recommendation of the Corporate Governance Committee, and no special arrangements or related party transactions requiring disclosure under Item 404(a) of Regulation S-K were identified.
Investor Verification Checklist
- Verify the updated composition of the Board of Directors and the specific term expiration date for Lisa B. Binder.
- Review the Definitive Proxy Statement filed on March 11, 2008, for details on Ms. Binder's employment agreement.
- Confirm that no related party transactions exist between Ms. Binder and the Registrant as of the filing date.
- Note that this filing does not contain financial data; refer to the most recent 10-Q or 10-K for financial metrics.