-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JsHfBAzZbLdDRMluuHNhp1H+PWAgvBcW5pcQaZvKIaVXLr9Z+ZZKQrn/RA9NnodF gAB++pUbZo7WP/WjKdsLmQ== 0000030822-10-000004.txt : 20100302 0000030822-10-000004.hdr.sgml : 20100302 20100302154604 ACCESSION NUMBER: 0000030822-10-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100302 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100302 DATE AS OF CHANGE: 20100302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DYNAMICS RESEARCH CORP CENTRAL INDEX KEY: 0000030822 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 042211809 STATE OF INCORPORATION: MA FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34135 FILM NUMBER: 10649125 BUSINESS ADDRESS: STREET 1: 60 FRONTAGE ROAD CITY: ANDOVER STATE: MA ZIP: 01810-5498 BUSINESS PHONE: 9784759090 MAIL ADDRESS: STREET 1: 60 FRONTAGE ROAD CITY: ANDOVER STATE: MA ZIP: 01810-5498 8-K 1 form8-k.htm FORM 8-K form8-k.htm
 



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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)  February 24, 2010


DYNAMICS RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)

Commission file number 001-34135

MASSACHUSETTS
04-2211809
(State or other jurisdiction of Incorporation or organization)
(I.R.S. Employer Identification No.)

TWO TECH DRIVE, ANDOVER, MASSACHUSETTS 01810-5498
(Address of principal executive offices) (Zip Code)

978-289-1500
(Registrant’s telephone number, including area code)

N/A
(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 (see General Instruction A.2. below):

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

(d) On February 24, 2010, the Board of Directors of Dynamics Research Corporation appointed Mr. Scott Thompson and Mr. Richard Tennant to the Company’s Board of Directors, effective April 1, 2010.  Mr. Scott Thompson will be a Class I Director with a term set to expire in 2012, and Mr. Richard Tennant will be a Class II Director with a term set to expire in 2011.  The Board made no determination on committee assignments for either director at that time.   Each of the new directors will be paid in accordance with the Company’s standard director compensation policies and programs as described within the Company’s Proxy Statement filed with the Securities and Exchange Commission on April 14, 2009.

There are no arrangements or understandings under which either director was appointed other than as described in this Item 5.02(d). There are also no transactions involving either director requiring disclosure under Item 404(a) of Regulation S-K.

A press release announcing the appointments was issued on March 2, 2010, a copy of which is being filed as Exhibit 99.1 to this Form 8-K and which is incorporated herein by reference in its entirety.

Item 9.01.  Financial Statements and Exhibits.

(d)
Exhibits
       
 
Exhibit No.
  Description
 
99.1
 
Press release dated March 2, 2010.


 
 

 



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.



   
DYNAMICS RESEARCH CORPORATION
   
(Registrant)
     
     
 
Date:  March 2, 2010
/s/ David Keleher
   
Senior Vice President, Chief Financial Officer and Treasurer


 
 

 


Exhibit Index


 
Exhibit Number
Exhibit Name
Location
       
 
99.1
Press release dated March 2, 2010.
Furnished herewith*
       
       
       

__________________________


 
*   Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

 



EX-99.1 2 ex99-1.htm NEWS RELEASE ex99-1.htm
 
 
Exhibit 99.1
 

   NewsRelease
 
DYNAMICS RESEARCH CORPORATION
   
     
60 FRONTAGE ROAD, ANDOVER, MASSACHUSETTS 01810-5423
TEL. 978/289-1500
www.drc.com

 
 
 
DRC APPOINTS W. SCOTT THOMPSON AND RICHARD G. TENNANT
TO BOARD OF DIRECTORS

 
--- Additions Expand and Strengthen Board with Veteran Industry Leadership - ---


Andover, Mass. – March 2, 2010 - - Dynamics Research Corporation (Nasdaq: DRCO), a leading provider of innovative management consulting, engineering, technical and information technology services and solutions to federal and state governments, today announced the appointment of two new members to the Company’s Board of Directors, expanding membership to nine Directors.

“The impressive experience and track record of success in senior leadership positions with small, agile companies as well as larger public firms that Scott Thompson and Dick Tennant bring to DRC’s Board will be invaluable to the company, and we are honored to have them join our Board,” said Jim Regan, DRC’s chairman of the board.

W. Scott Thompson
 
Mr. Thompson presently serves as Chairman of the Board for Enterprise Solutions Group, Inc.  (ESG), which provides implementation services for enterprise resource planning systems.  Prior to founding ESG in 1991 Mr. Thompson was the Chief Executive Officer of Planning Research Corporation, later PRC, a $780 million subsidiary of Black and Decker.  PRC was one of the largest federal systems integrators at that time.  From 1978 to 1989 Mr. Thompson worked at Advanced Technology, Inc. rising through all management levels to Chief Operating Officer as the Company grew from $5 million to $178 million in annual revenue.  From 1969 through 1977 Mr. Thompson served in the United States Navy.   Mr. Thompson received a Bachelor of Science degree from the University of Mississippi in 1969.

Richard G. Tennant
 
Mr. Tennant presently serves as Senior Vice President and Chief Financial Officer of iBasis, Inc. one of the three largest wholesale carriers of international voice-over-internet traffic and a subsidiary of Royal KPN NV. For fourteen years prior to joining iBasis in 2001 Mr. Tennant served in chief financial officer positions with several communications firms based in northern Virginia and Baltimore, Maryland.  Mr. Tennant served on the Board of Directors of The Burton Group for nine years until its recent acquisition by Gartner, Inc. and served on the Board of Directors and as the Chair of the Audit Committee of LTX Corporation from 1987 through 1992.  Mr. Tennant received a Master of Science degree from Bentley University in 1978. .

About Dynamics Research Corporation
 
Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs.  DRC offers the capabilities of a large company and the responsiveness of a small company, backed by a history of excellence and customer satisfaction.  Founded in 1955, DRC is a publicly held corporation (Nasdaq: DRCO) and

 
 

 


maintains more than 25 offices nationwide with major offices in Andover, Massachusetts and the Washington, D.C. area.  For more information please visit our website at www.drc.com.

Safe Harbor
 
Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the Company's financial results, please refer to DRC's most recent filings with the SEC. The Company assumes no obligation to update any forward-looking information.

 
CONTACT:
Darrow Associates, Inc.
 
Investors:
 
Chris Witty
 
646.438.9385
 
cwitty@darrowir.com
   
 
Sage Communications
 
Media:
 
Marisa Hagerman
 
703.584.5637
 
marisah@aboutsage.com


 


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