0001014108-12-000001.txt : 20120110 0001014108-12-000001.hdr.sgml : 20120110 20120110085822 ACCESSION NUMBER: 0001014108-12-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120108 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120110 DATE AS OF CHANGE: 20120110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MANAGEMENT NETWORK GROUP INC CENTRAL INDEX KEY: 0001094814 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 481129619 FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34006 FILM NUMBER: 12518796 BUSINESS ADDRESS: STREET 1: 7300 COLLEGE BLVD., STE 302 CITY: OVERLAND PARK STATE: KS ZIP: 66210 BUSINESS PHONE: 9133459315 MAIL ADDRESS: STREET 1: 7300 COLLEGE BLVD., STE 302 CITY: OVERLAND PARK STATE: KS ZIP: 66210 8-K 1 tmng-form8k_jan092011.htm tmng-form8k_jan092011.htm
 
 

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):  January 8, 2012

The Management Network Group, Inc.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation)
001-34006
(Commission
File Number)
48-1129619
(I.R.S. Employer
Identification No.)

7300 College Boulevard, Suite 302
Overland Park, Kansas 66210
 (Address of principal executive office)(Zip Code)

(913) 345-9315
 (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))

 
 
 
 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 8, 2012, The Management Network Group, Inc. (the “Company”) made certain changes to its executive management team.  Effective January 8, 2012, Richard P. Nespola was terminated as the Company’s Chairman of the Board and Chief Executive Officer.   He, however, will remain a member of the Company’s Board of Directors.
 
Effective January 8, 2012, Donald E. Klumb became the Company’s Chief Executive Officer and will continue to serve as the Company’s Chief Financial Officer.   Information for Mr. Klumb required by Items 401(b), (d) and (e) and Item 404(a) of Regulation S-K is contained in the Company's Proxy Statement filed with the Securities and Exchange Commission on April 22, 2011 and is incorporated by reference herein. At the time of this filing, no determination has been made regarding any change in the compensation for Mr. Klumb.
 
Effective January 8, 2012, independent director Roy Wilkens was named interim Chairman of the Board of Directors.
 
Item 7.01 Regulation FD Disclosure.
 
On January 9, 2012, the Company issued a press release announcing changes to its executive management team. The press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
 
The information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth in such filing.
 
Item 9.01 Financial Statements and Exhibits.
 
(d)       Exhibits.
 
Exhibit No.
 
Description
 
99.1
 
Press Release dated January 9, 2012


 
 
 

 
 
 
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.


 
THE MANAGEMENT NETWORK GROUP, INC.
   
     
 
By:
/s/ Donald E. Klumb
   
Donald E. Klumb
Chief Executive Officer and Chief Financial Officer

Date: January 9, 2012
 
 
 
 
 

 
 
 
EXHIBIT INDEX
 
Exhibit Number
 
Description
99.1
 
Press Release dated January 9, 2012

 
EX-99.1 2 tmng-ex991_jan092012.htm tmng-ex991_jan092012.htm
 
 
CONTACT:
 
Brainerd Communicators
Jo Anne Barrameda (Media)
barrameda@braincomm.com
Corey Kinger (Investors)
kinger@braincomm.com
212.986.6667


TMNG GLOBAL ANNOUNCES CHANGES TO EXECUTIVE LEADERSHIP

Overland Park, KS – January 9, 2012 – TMNG Global (Nasdaq: TMNG), a premier provider of professional services and software solutions to global leaders in the communications, digital media, and technology industries, today announced changes to its executive management team.

  
Donald Klumb has been named the Company’s Chief Executive Officer and will continue to serve as the Company’s Chief Financial Officer.
  
Roy Wilkens has been named interim Chairman of the Board of Directors.
  
Richard Nespola was terminated as the Company’s Chairman of the Board and Chief Executive Officer. He remains a member of the Company’s Board of Directors.

Donald Klumb has served as TMNG Global’s Chief Financial Officer since 1999.  Prior to joining TMNG, he was a partner at Deloitte & Touche where he led the Midwest Telecommunications Practice.

Roy Wilkens has served as a director of the Company since 1999. He was previously the Chief Executive Officer of WilTel, Inc., a wholesale communications carrier which he founded and a subsidiary of The Williams Companies, an oil and gas pipeline company. In 1992, President George H. W. Bush appointed Mr. Wilkens to the National Security Telecommunications Advisory Council. He has also served as chairman of both the Competitive Telecommunications Association and the National Telecommunications Network.

About TMNG Global
 
TMNG Global (NASDAQ: TMNG) is a premier provider of professional services to the global leaders in the communications, digital media, and technology industries.  TMNG Global and its divisions, CSMG and Cartesian, and a team of more than 500 experts, provide strategy, operations and technology consulting services and technical solutions to more than 1,200 communications clients worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, and Washington, D.C. For more information about the company and its services, visit www.tmng.com.
 
 
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