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 8, 2016
CPS TECHNOLOGIES CORPORATION
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 0-16088 | 04-2832409 |
|
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
111 South Worcester Street, Norton, Massachusetts |
02766 | |
| (Address of principal executive offices) | (Zip Code) | |
| Registrant`s telephone number, including area code | 508-222-0614 | |
| (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):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ] Pre-commencement communications pursuant to
rule 14d-2(b) under the
Exchange Act (17CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to
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Exchange Act (17 CFR 240.13e-4( c)).
Item 5.02 Appointment of Certain Officers
On November 8, 2016, CPS Technologies Corp. (the “Company”) issued a press release announcing the appointment of Thomas E. Breen as Senior Vice President - Sales and Marketing, a new position in the Company reporting to Grant C. Bennett, President and Chief Executive Officer. A copy of the press release is attached hereto as Exhibit 99.
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 thereunto duly authorized.
| CPS
Technologies Corporation (Registrant) | |
| Date: November 9, 2016 | /s/ Ralph
M. Norwood Ralph M. Norwood Chief Financial Officer (CFO) |
EXHIBIT INDEX
| EXHIBIT NUMBER | DESCRIPTION |
| 99 | Press Release dated November 8, 2016 announcing the appointment of Thomas E. Breen as Senior Vice President - Sales and Marketing. |
CPS TECHNOLOGIES CORPORATION EXPANDS EXECUTIVE TEAM
Norton, Massachusetts, November 8, 2016. CPS Technologies Corporation (Nasdaq: CPSH) announced today that Thomas E. Breen has joined the Company in the newly created position of Senior Vice-President Sales and Marketing.
“I am delighted to welcome Tom to CPS,” said Grant Bennett, President and Chief Executive Officer. “In the recent past, we have added senior technical, manufacturing and financial talent as we build the team to achieve our growth objectives. Tom completes the senior management team by bringing the combination of sales, marketing, business development, strategy and leadership skills and energy to lead our sales and marketing team, and propel us forward.”
Mr. Breen joins CPS having risen through the ranks of sales and marketing at world-class companies including BAE, L3, General Dynamics, United Technologies and Lockheed Martin. Most recently he led global sales for Headwall Photonics, a leading producer of spectral imaging instruments. Mr. Breen brings deep experience in commercial and defense markets, many of which are target markets for CPS. Mr. Breen’s educational background includes BSEE and MBA degrees from Northeastern University.
“I am excited to join CPS with the opportunity to lead the sales, marketing and business development team”, said Mr. Breen. “I have been impressed with the Company’s technology and people and am eager to accept the charge to focus resources and achieve the Company’s growth ambitions.”
About CPS
CPS Technologies Corporation is a global leader in producing metal-matrix composite components used to improve the reliability
and performance of various electrical systems. CPS products are used in motor controllers for hybrid and electric vehicles, high-speed
trains, subway cars and wind turbines. They are also used as heatspreaders in internet switches, routers and high-performance microprocessors.
CPS also develops and produces metal-matrix composite armor.
CPS Technologies Corporation
Ralph Norwood, Chief Financial Officer
111 South Worcester Street
Norton, MA 02766
Telephone: (508) 222-0614
Web Site: www.alsic.com