UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 19, 2022, Nisheet Gupta tendered his resignation as Chief Financial Officer of Apogee Enterprises, Inc. (the “Company”), effective as of August 1, 2022. The Company has appointed Mark Augdahl as interim Chief Financial Officer, effective upon Mr. Gupta’s departure. Mr. Augdahl will serve as the Company’s Principal Financial Officer and Principal Accounting Officer. The Company has begun a search for its next Chief Financial Officer and has retained an executive search firm to assist with the process.
Mr. Augdahl, 57, has served in various finance leadership roles at the Company and its subsidiaries for the past 22 years, including as Vice President of Finance and Corporate Controller for the Company. Mr. Augdahl has served as Vice President of Finance for the Company’s Architectural Glass segment since July, 2017.
Item 7.01 | Regulation FD Disclosure |
A copy of the Company’s press release announcing the Chief Financial Officer transition has been furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in the press release is being furnished, not filed, pursuant to Item 7.01. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibit.
Exhibit Number |
Description | |
99.1 | Press release dated July 25, 2022 | |
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.
Date: July 25, 2022 | APOGEE ENTERPRISES, INC. | |||||
By: | /s/ Meghan M. Elliott | |||||
Meghan M. Elliott | ||||||
Vice President, General Counsel and Secretary |
EXHIBIT 99.1
Press Release
FOR RELEASE: July 25, 2022
Apogee Enterprises Announces CFO Transition
MINNEAPOLIS, MN, July 25, 2022 Apogee Enterprises, Inc. (Nasdaq: APOG) today announced the resignation of Nisheet Gupta as Chief Financial Officer, effective August 1, 2022. Mr. Gupta is leaving Apogee to pursue an opportunity outside of the industry. The company has appointed Mark Augdahl as interim Chief Financial Officer, effective upon Mr. Guptas departure.
Mr. Augdahl currently serves as Vice President of Finance for Apogees Architectural Glass segment. He joined Apogee in 2000 and brings 35 years of experience as a finance leader. Prior to his current role, he was Vice President of Finance for Apogees Architectural Services segment, and he previously served as Apogees corporate controller.
On behalf of the Apogee team and Board, I want to thank Nisheet for his commitment and leadership over the past two years, said Ty R. Silberhorn, Chief Executive Officer. He played an important role in guiding Apogee through the pandemic and accelerating the companys transformation. We wish him well in his future endeavors.
Mr. Silberhorn continued, Apogee has a strong team of finance leaders, and I am pleased to have Mark step up as interim CFO. Marks deep knowledge of the industry and our finance processes and controls will allow him to move in seamlessly during our search for a permanent CFO.
The company has begun a search for its next CFO and has retained an executive search firm to assist with the process.
About Apogee Enterprises, Inc.
Apogee Enterprises, Inc. (Nasdaq: APOG) is a leading provider of architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, energy conservation, and enhanced viewing. Headquartered in Minneapolis, MN, our portfolio of industry-leading products and services includes high-performance architectural glass, windows, curtainwall, storefront and entrance systems, integrated project management and installation services, as well as value-added glass and acrylic for custom picture framing and displays. For more information, visit www.apog.com.
Apogee Enterprises, Inc. 4400 West 78th Street Minneapolis, MN 55435 (952) 835-1874 www.apog.com
Apogee Enterprises, Inc.
Page 2
Contact:
Jeff Huebschen
Vice President, Investor Relations & Communications
952.487.7538
ir@apog.com
Apogee Enterprises, Inc. 4400 West 78th Street Minneapolis, MN 55435 (952) 835-1874 www.apog.com
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Entity Central Index Key | 0000006845 |
Document Type | 8-K |
Document Period End Date | Jul. 19, 2022 |
Entity Registrant Name | APOGEE ENTERPRISES, INC. |
Entity Incorporation State Country Code | MN |
Entity File Number | 0-6365 |
Entity Tax Identification Number | 41-0919654 |
Entity Address, Address Line One | 4400 West 78th Street |
Entity Address, Address Line Two | Suite 520 |
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Security Exchange Name | NASDAQ |
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