Business Context and Reporting Period
This Form 8-K Current Report was filed by Associated Banc-Corp on March 1, 2007. The filing reports on corporate governance changes effective as of the report date, specifically the appointment of new members to the Board of Directors.
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 appointments and does not contain financial performance data.
Material Changes
The material change reported is the expansion of the Board of Directors:
- Eileen A. Kamerick was appointed to the Board of Directors.
- Carlos E. Santiago was appointed to the Board of Directors.
- Both directors are scheduled to stand for election by shareholders at the Annual Meeting on April 25, 2007.
- Anticipated committee assignments include Ms. Kamerick on the Audit Committee and Mr. Santiago on the Corporate Governance Committee, to be finalized at the April 26, 2007 Board Meeting.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. Regarding risks and contingencies, the company explicitly states:
- There were no arrangements or understandings regarding the selection of the new directors.
- The new directors have no relationships or related party transactions requiring disclosure under Item 404(a) of Regulation S-K.
- There are no plans, contracts, or arrangements involving grants or awards for these directors other than standard compensation applicable to non-employee directors.
Key Facts for Investor Verification
- Verify the shareholder vote results for Eileen A. Kamerick and Carlos E. Santiago at the April 25, 2007 Annual Meeting.
- Confirm the final committee assignments for the new directors following the April 26, 2007 Board Meeting.
- Review the attached press release (Exhibit 99.1) for additional biographical details on the new directors.