-----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, QurKLiytOZx67NGbdYVEsZFiVWKkQXSYFdFN0RwxzjW2sbZOqLqkSOABcsBwjnoW K8eysSotI7xKa0Iijlk4OA== 0000700841-10-000002.txt : 20100310 0000700841-10-000002.hdr.sgml : 20100310 20100310105022 ACCESSION NUMBER: 0000700841-10-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100310 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: 20100310 DATE AS OF CHANGE: 20100310 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RCM TECHNOLOGIES INC CENTRAL INDEX KEY: 0000700841 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 951480559 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10245 FILM NUMBER: 10669287 BUSINESS ADDRESS: STREET 1: 2500 MCCLELLAN AVENUE STREET 2: STE 350 CITY: PENNSAUKEN STATE: NJ ZIP: 08109-4613 BUSINESS PHONE: 8563564500 MAIL ADDRESS: STREET 1: 2500 MCCLELLAN AVENUE STREET 2: STE 350 CITY: PENNSAUKEN STATE: NJ ZIP: 08109-4613 8-K 1 form8k031010.htm FORM 8K - ADDITION OF TWO DIRECTORS form8k031010.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): March 10, 2010

RCM Technologies, Inc.
(Exact Name of Registrant as Specified in Charter)

 
Nevada
(State or Other
Jurisdiction of
Incorporation)
 
1-10245
(Commission File
Number)
 
95-1480559
(I.R.S. Employer
Identification No.)

2500 McClellan Avenue, Suite 350
   
Pennsauken, NJ
 
08109-4613
(Address of Principal Executive Offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (856) 356-4500

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):
   
[  ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).
[  ]
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 March 8, 2010, Richard D. Machon and S. Gary Snodgrass were elected to the Board of Directors (the “Board”) of RCM Technologies, Inc. (the “Company”).  Immediately prior to their elections, the Board voted to increase the size of the Board by two directors, and Messrs. Machon and Snodgrass were elected to the Board to fill the newly created vacancies, which are Class A and Class C of the Board, respectively.  Their terms are scheduled to expire at the Company’s annual meetings of stockholders to be held in 2012 and 2011, respectively.  Messrs. Machon and Snodgrass will receive the same compensation and reimbursement of expenses as are payable to other non-employee directors.

The press release describing these appointments is attached as Exhibit 99 to this report.

Item 9.01.     Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit Number
Exhibit Title
99
Press Release, dated March 10, 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.


RCM TECHNOLOGIES, INC.



By:   
/s/ Kevin D. Miller
 
Kevin Miller
 
Chief Financial Officer, Treasurer and
Secretary
 

 
Dated: March 10, 2010

 
 

 

EXHIBIT INDEX

Exhibit Number
Exhibit Title
99
Press Release, dated March 10, 2010.



EX-99 2 form8kpr031010.htm FORM 8K - PRESS RELEASE form8kpr031010.htm
 
RCM Technologies, Inc.
Tel:  856.356.4500
Corporate Contacts:
2500 McClellan Avenue
Fax: 856.356.4600
Leon Kopyt
Pennsauken, NJ 08109
info@rcmt.com
Chairman, President & CEO
 
www.rcmt.com
Kevin D. Miller
   
Chief Financial Officer

 
 P R E S S   R E L E A S E

RCM TECHNOLOGIES ADDS TWO DIRECTORS TO BOARD

Pennsauken, NJ – March 10, 2010 – RCM Technologies, Inc. (NASDAQ: RCMT) today announced the election of S. Gary Snodgrass as a Class “C” Director and Richard D. Machon as a Class “A” Director to its Board of Directors.

Mr. Snodgrass is a senior management executive with a substantial background in corporate strategy and organizational structure, including mergers and acquisitions, financial and operational performance, and compensation and incentive programs.  He was most recently employed by Exelon Corporation as Executive Vice President in addition to other senior management positions.  Prior to joining Exelon, Mr. Snodgrass worked for USG Corporation as Vice President of Human Resources.  He is a graduate of Western Kentucky University and the Keller Graduate School of Management.

Mr. Machon possesses extensive executive-level experience in the utility industry and has been involved in the design, construction, operations, restart and maintenance of power-generating facilities.  He is currently providing independent consulting services to major utilities and has previously held a number of key management positions at Tennessee Valley Authority, Portland General Electric, Impell and Boston Edison.  Mr. Machon has also served as Senior Vice President of Operations at PSEG and as Nuclear Chief Operating Officer at Ontario Power Generation.  He is a graduate of Northeastern University.

Leon Kopyt, Chairman and CEO of RCM, commented:  “The Board is extremely pleased to add two directors with strong leadership and management skills and a comprehensive knowledge of the utility industry.  Their contributions should be particularly valuable to the Company’s Engineering business segment as it continues to expand its operations throughout North America.”

Messrs. Snodgrass’ and Machon’s terms are scheduled to expire at the Company’s annual meetings of stockholders to be held in 2011 and 2012, respectively.  The addition of these two directors increases the size of the Board to six members.

About RCM
RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services.  RCM is an innovative leader in the design, development and delivery of these solutions to commercial and government sectors for more than 35 years. RCM’s offices are located in major metropolitan centers throughout North America.  Additional information can be found at www.rcmt.com.


 
 

 

The Statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.  Forward looking statements include, but are not limited to, those relating to demand for the Company’s services, expected demand for our services and expectations regarding our revenues, the Company's ability to continue to utilize goodwill, to continue to increase gross margins, to achieve and manage growth, to develop and market new applications and services, risks relating to the acquisition and integration of acquired businesses, the ability of the Company to consummate acquisitions as to which it executes non-binding letters of intent, demand for new services and applications, timing of demand for services, industry strength and competition and general economic factors.  Investors are directed to consider such risks, uncertainties and other factors described in documents filed by the Company with the Securities and Exchange Commission.


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