UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 14, 2016
MCBC Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware |
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001-37502 |
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06-1571747 |
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(State or Other Jurisdiction |
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(Commission |
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(IRS Employer |
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100 Cherokee Cove Drive |
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37885 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
(423) 884-2221
(Registrant’s telephone number, including area code)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
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Item 5.02 |
Departure of Directors or Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 14, 2016, Shane Chittum submitted his resignation as the Company’s Chief Operating Officer. Effective April 1, 2016, Mr. Chittum will depart the Company to pursue another opportunity.
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Item 9.01 |
Financial Statements and Exhibits. |
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(d) |
Exhibits | |
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99.1 |
Press Release dated March 18, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MCBC HOLDINGS, INC. |
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Dated: March 18, 2016 |
/s/ Timothy M. Oxley |
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Timothy M. Oxley |
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Chief Financial Officer, Treasurer and Secretary |
Exhibit 99.1
FOR IMMEDIATE RELEASE
MasterCraft Announces Resignation of COO Shane Chittum
Larry Janosek Promoted to VP of Operations, will Assume Chittum’s Duties
VONORE, Tenn. — Mar. 18 — MasterCraft (NASDAQ: MCFT) today announced that it has accepted the resignation of chief operating officer (COO), Shane Chittum, effective April 1, 2016. Chittum, who joined the company in June 2011, is leaving to pursue another business opportunity.
MasterCraft also announced that it has promoted Larry Janosek, director of manufacturing, to vice president of operations. Janosek will assume Chittum’s operational duties. The company said that it will not fill the vacated role of COO at this time.
“We’d like to thank Shane for his commitment to operational excellence and establishing best practices in manufacturing,” said Terry McNew, MasterCraft’s president and chief executive officer. “His efforts have helped transform MasterCraft into an elite, leading-edge North American manufacturer. Shane has built a very skilled team and leaves the company with a strong foundation for continued operational excellence and profitable growth.
“Furthermore, we’re excited to announce the promotion of Larry to vice president of operations. Larry has worked alongside Shane for the past four years, and has been responsible for developing, implementing and managing all areas of manufacturing. He’s a collaborative leader and was instrumental in MasterCraft securing the 2015 IndustryWeek Best Plants award. We look forward to him stepping up and assuming oversight of all operations.”
Janosek joined MasterCraft in March 2012 as the director of manufacturing and has more than 18 years of cross-functional business experience in the automotive industry. Prior to MasterCraft, he was in charge of International Automotive Components (IACNA)’s operations in Madisonville, Ky., as a plant manager and corporate director of North America, Materials Management. Janosek graduated magna cum laude from Shawnee State University, Portsmouth, Ohio, with a B.S. degree in business management.
About MCBC Holdings, Inc.:
Headquartered in Vonore, Tenn., MCBC Holdings, Inc. (NASDAQ: MCFT) is the parent of MasterCraft Boat Company, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company’s goal remains the same — to continue building the world’s best ski, wakeboard, wakesurf and luxury performance powerboats. For more information, visit www.mastercraft.com.
CONTACT:
Tim Oxley
Chief Financial Officer
(423) 884-2221
Tim.Oxley@mastercraft.com
Matt Sullivan
(612) 455-1709
Matt.Sullivan@padillacrt.com
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