Business Context and Reporting Period
This Form 8-K is a current report filed by Marcus & Millichap, Inc. on August 7, 2019, covering an event reported on August 1, 2019. The company is a Delaware corporation with its principal executive offices in Calabasas, California, and its common stock trades on the New York Stock Exchange under the symbol MMI.
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 corporate governance changes rather than financial performance.
Material Changes
The material change disclosed in this filing is the announced departure of a senior executive. Mitchell R. LaBar has notified the Company of his intention to retire as Executive Vice President and Chief Operating Officer at the end of 2019.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on market conditions, or discussion of risks and contingencies. The document is limited to the notification of the executive's retirement.
Key Facts for Investors to Verify
- Mitchell R. LaBar's retirement is scheduled for the end of 2019.
- LaBar currently holds the titles of Executive Vice President and Chief Operating Officer.
- The report was signed by Martin E. Louie, the Chief Financial Officer, on August 7, 2019.
- No successor has been named in this specific filing.