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): April 9, 2012
PARK ELECTROCHEMICAL CORP. | ||
(Exact Name of Registrant as Specified in Charter) | ||
New York | 1-4415 | 11-1734643 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
48 South Service Road, Melville, | New York | 11747 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code (631) 465-3600
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:
¨ | 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)) |
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Item5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) and (c) On April 9, 2012, the Board of Directors of Park Electrochemical Corp. (the “Company”) terminated David R. Dahlquist as the Company’s Vice President and Chief Financial Officer and elected Mr. P. Matthew Farabaugh as the Company’s Vice President and Chief Financial Officer. In this capacity, Mr. Farabaugh will serve as the Company’s principal financial officer and will continue to serve as the Company’s principal accounting officer.
Mr. Farabaugh is 51 years old. Mr. Farabaugh, and each other officer of the Company, serves at the pleasure of the Board of Directors of the Company. Mr. Farabaugh does not have an employment agreement with the Company. There is no family relationship between Mr. Farabaugh and any director or other officer of the Company.
Mr. Farabaugh joined the Company in October 2007 as Vice President and Controller. Prior to joining the Company, Mr. Farabaugh was Corporate Controller of American Technical Ceramics, a publicly traded international company located in Huntington Station, New York, from 2004 to September 2007 and Assistant Controller from 2000 to 2004. Prior thereto, Mr. Farabaugh was Assistant Controller of Park Electrochemical Corp. from 1989 to 2000. Prior to joining Park Electrochemical Corp. in 1989, Mr. Farabaugh had been a senior accountant with KPMG. Mr. Farabaugh received a Bachelor of Science degree in Business Administration from Valparaiso University in Indiana.
The Company issued a news release on April 10, 2012 announcing the election of Mr. Farabaugh.
Item9.01 | Financial Statements and Exhibits. |
(c) | Exhibits |
99.1 | News Release dated April 10, 2012 |
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SIGNATURE
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.
PARK ELECTROCHEMICAL CORP. | ||
Date: April 12, 2012 | By: | /s/ Stephen E. Gilhuley |
Name: | Stephen E. Gilhuley | |
Title: | Executive Vice President - Administration and Secretary |
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EXHIBIT INDEX
Number
Exhibit | Description | Page |
99.1 | News Release dated April 10, 2012 | 5 |
-4- |
Exhibit 99.1
NEWS RELEASE | |
Contact: Martina Bar Kochva | 48 South Service Road |
Melville, NY 11747 | |
(631) 465-3600 |
PARK ELECTROCHEMICAL CORP. ANNOUNCES ELECTION OF
MATTHEW FARABAUGH AS VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
Melville, New York, Tuesday, April 10, 2012......Park Electrochemical Corp. (NYSE-PKE) announced the election of Matthew Farabaugh as Vice President and Chief Financial Officer of the Company. In this position, Mr. Farabaugh will report to Brian Shore, Park’s President and Chief Executive Officer.
Mr. Farabaugh joined Park Electrochemical Corp. in October 2007 as Vice President and Controller. Prior to joining Park, Mr. Farabaugh was Corporate Controller of American Technical Ceramics, a publicly traded international company located in Huntington Station, New York, from 2004 to September 2007 and Assistant Controller from 2000 to 2004. Prior thereto, Mr. Farabaugh was Assistant Controller of Park Electrochemical Corp. from 1989 to 2000. Prior to joining Park in 1989, Mr. Farabaugh had been a senior accountant with KPMG. Mr. Farabaugh received a Bachelor of Science degree in Business Administration from Valparaiso University in Indiana.
Brian Shore, Park’s President and CEO, said, “I am very pleased that Matt has been promoted to the position of Park’s CFO and I look forward to working with him in that capacity.”
Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies for the aerospace markets. Park’s core capabilities are in the areas of polymer chemistry formulation and coating technology. The Company’s manufacturing facilities are located in Singapore, China, France, Connecticut, Kansas, Arizona and California. The Company also maintains R&D facilities in Arizona, Kansas and Singapore.
Additional corporate information is available on the Company’s web site at www.parkelectro.com.
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