Business Context and Reporting Period
This Form 8-K was filed by ARTS WAY MANUFACTURING CO INC on January 24, 2011. The report discloses a corporate governance event regarding the appointment of a new senior officer.
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 changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Jason Feucht as the Company's Director of Finance, effective January 24, 2011. In this role, Mr. Feucht will serve as the principal accounting officer.
Management Commentary and Background
- Experience: Mr. Feucht, 40, brings 16 years of experience in financial and accounting positions across various industries.
- Recent Roles: Prior to joining Arts-Way, he served as a Financial and Operational Analyst for Liguria Foods, Inc. (2009–2010), Senior Financial Analyst at LodgeNet, Inc. (2008–2009), and Director of Planning and Analysis at Perficient, Inc. (2004–2008).
- Education: He holds a BS in accounting (1994) and an MBA (2001) from Iowa State University.
Investor Verification Checklist
- Verify the effective date of Jason Feucht's appointment as Director of Finance.
- Confirm the scope of duties assigned to the new principal accounting officer.
- Review subsequent filings for any changes to the Company's financial reporting structure or internal controls resulting from this appointment.