UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On September 8, 2020, the board of directors (the "Board") of IntriCon Corporation (the "Company") increased the number of directors on the Board from six to seven and appointed Scott Longval to fill the newly created directorship effective as of October 1, 2020. Mr. Longval will serve as a member of the Board until the expiration of his term on the date of the Company's 2023 annual meeting of shareholders and until his successor is duly elected and qualified. Because Mr. Longval also serves as an executive officer of the Company, he will not receive compensation for his services as a director. Mr. Longval also will not serve on any standing committees of the Board.
Mr. Longval is the Executive Vice President, Chief Operating Officer and Chief Financial Officer of the Company. As previously reported, Mr. Longval will become President and Chief Executive Officer of the Company on October 1, 2020. Mr. Longval will retain his current title and responsibilities, including as Chief Financial Officer, through September 30, 2020. The Company has commenced a search for a new chief financial officer to replace Mr. Longval.
Mr. Longval joined the Company as Corporate Controller in September 2005 and has served as the Chief Financial Officer since July 2006. Mr. Longval was appointed as Executive Vice President in January 2019 and Chief Operating Officer in April 2019. Mr. Longval received a Bachelor of Science degree in Accounting from the University of St. Thomas. Prior to joining the Company, Mr. Longval was Principal Project Analyst at ADC Telecommunications, Inc., a provider of innovative network infrastructure products and services, from March 2005 until September 2005. From May 2002 until March 2005 he was employed by Accellent, Inc., formerly MedSource Technologies, a provider of outsourcing solutions to the medical device industry, most recently as Manager of Financial Planning and Analysis. From September 1998 until April 2002, he was employed by Arthur Andersen, most recently as experienced audit senior.
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.
INTRICON CORPORATION
| By: |
/s/ Scott Longval | |
| Name: | Scott Longval | |
| Title: | Executive Vice President, Chief Operating Officer and Chief Financial Officer |
Date: September 11, 2020