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): November 6, 2013
__________
SED INTERNATIONAL HOLDINGS, INC.
(Exact Name of Registrant as Specified in Charter)
Georgia | 001-35094 | 22-2715444 | ||
(State or Other Jurisdiction | (Commission | (IRS Employer | ||
of Incorporation) | File Number) | Identification No.) | ||
3505 Newpoint Place, Suite 450 | ||||
Lawrenceville, Georgia | 30043 | |||
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code (770) 243-1200
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)) |
Item 8.01. | Other Events. |
On November 6, 2013, SED International Holdings, Inc. (“SED”) issued a press release announcing the engagement of Dan Scouler of Scouler & Company to serve as Chief Restructuring Officer of SED and the hiring of Lou Leonardo to serve as the new Senior Vice President of Sales, Marketing, and Vendor Relations of SED. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits. |
99.1 | Press Release of SED International Holdings, Inc. |
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.
SED International Holdings, Inc. | ||
By: | /s/ Hesham M. Gad | |
Hesham M. Gad | ||
Executive Chairman of the Board |
Date: November 7, 2013
Exhibit 99.1
FOR: | IMMEDIATE RELEASE |
SED INTERNATIONAL APPOINTS DAN SCOULER CHIEF RESTRUCTURING
OFFICER; ANNOUNCES FURTHER KEY HIRE
LAWRENCEVILLE, GA – November 6, 2013 – SED International Holdings, Inc. (NYSE MKT: SED), a multinational supply chain management provider and distributor of leading computer technology, consumer electronics, and small appliance products, today announced that Dan Scouler of Scouler & Company has been engaged to serve as Chief Restructuring Officer of SED, effective immediately.
SED is also announcing the hiring of Lou Leonardo to serve as the new Senior Vice President of Sales, Marketing, and Vendor Relations.
“The Board is pleased to have two individuals with such high levels of experience and credibility in our market join SED to assist us with our ongoing efforts to stabilize and turn-around the SED business,” said Sham Gad, Chairman of SED.
About Dan Scouler
Dan was a Senior Managing Director of FTI's Corporate Recovery Group before starting his own firm in 2004. Dan has extensive experience acting as the Chief Restructuring Officer of distribution companies, including the successful restructuring of TVC Communications, a global supply chain solutions provider for broadband and broadcast markets, with operations in Europe and North and South America. In addition, Scouler has worked with companies distributing a broad range of consumer products and peripherals.
About Lou Leonardo
Lou recently served as VP, Sales & Marketing for North America for AOC / Philips Displays. Lou spent over 10 years as President of Bell Micro Latin America and also worked for some key vendors such as Samsung, Ericsson & Sanyo in both sales and marketing.
Investor Relations Contact
Sham Gad
Chairman of the Board
SED International Holdings, Inc.
770-243-1123
sgad@sedintl.com