UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On December 17, 2021, William P. Murnane, Chief Executive Office and Chairman of Lazydays Holdings, Inc. (the “Company”), notified the Company’s Board of Directors (the “Board”) of his decision to resign as Chief Executive Officer of the Company and its subsidiaries, effective March 16, 2022.
On December 22, 2021, Mr. Murnane resigned as Chairman of the Board, effective immediately.
On December 23, 2021, the Company accelerated the Date of Termination of Mr. Murnane under his employment agreement to January 1, 2022.
(c) On December 23, 2021, the Board elected Christopher S. Shackelton as Chairman of the Board effective immediately. On December 23, 2021, the Board appointed director Robert T DeVincenzi, 62, as interim Chief Executive Officer, effective January 1, 2022. There are no familial relationships between Mr. DeVincenzi and any of the Company’s directors or executive officers.
Mr. DeVincenzi has served as the Board’s lead independent director, as well as on the Compensation Committee since October 21, 2021. Mr. DeVincenzi has been a principal partner in Lupine Venture Group, a business advisory firm that provides strategic consulting and corporate development advisory services, since 2014. Mr. DeVincenzi also serves as an Adjunct Professor of Entrepreneurship and Strategic Management at California State University, Monterey Bay since 2014. Mr. DeVincenzi has extensive experience in various technology and services markets, most recently as a director and previously as President and CEO of Redflex Holding Limited (ASX:RDF), a global business focused on road, vehicle, and pedestrian safety products and services. Mr. DeVincenzi serves as Chairman of the Board of Universal Technical Institute (NYSE:UTI), a nationwide provider of technical education and training. Mr. DeVincenzi received a Master of Arts degree from Gonzaga University and a Bachelor of Science degree in Business Administration from California State University, San Luis Obispo.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Resignation Letter, dated December 17, 2021 | |
| 99.2 | Resignation Letter, dated December 22, 2021 | |
| 99.3 | Press Release, dated December 23, 2021 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
| LAZYDAYS HOLDINGS, INC. | ||
| Date: December 23, 2021 | By | /s/ Nicholas J. Tomashot |
| Nicholas J. Tomashot | ||
| Chief Financial Officer | ||