Business Context and Reporting Period
This Form 8-K is a current report filed by Cooper-Standard Holdings Inc. on May 22, 2015, regarding events occurring on May 19, 2015, and May 22, 2015. The filing addresses Item 5.02, concerning the departure of certain officers.
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 contains no financial performance data.
Material Changes
The material changes reported are limited to executive departures:
- Chief Accounting Officer: Ms. Helen Yantz is departing to pursue other interests, effective June 1, 2015.
- Chief Infrastructure Officer: Mr. Allen Campbell is stepping down from his roles as Executive Vice President and Chief Infrastructure Officer, effective November 1, 2015.
Management Commentary and Succession
Management has announced the following succession plans:
- Mr. Matthew Hardt, the Company's Chief Financial Officer, will assume the responsibilities of Chief Accounting Officer effective upon Ms. Yantz's departure.
- No immediate successor was named for the Chief Infrastructure Officer role in this filing.
The filing does not contain guidance, outlook, risk factors, or contingencies beyond the personnel changes.
Investor Verification Checklist
- Confirm the effective dates of departure for Ms. Yantz (June 1, 2015) and Mr. Campbell (November 1, 2015).
- Verify the interim appointment of Mr. Hardt as Chief Accounting Officer.
- Monitor future filings for the appointment of a permanent Chief Infrastructure Officer.