8-K

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

July 14, 2014

Date of Report (Date of earliest event reported)

BALLANTYNE STRONG, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-13906	47-0587703
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation or organization)	File No.)	Identification Number)

13710 FNB Parkway, Suite 400
Omaha, Nebraska	68154
(Address of principal executive offices)	(Zip Code)

(402) 453-4444

(Registrant’s telephone number including area code)

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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Form 8-K

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)     On July 14, 2014, Mary A. Carstens announced that she would retire as Senior Vice President, Chief Financial Officer and Treasurer of Ballantyne Strong, Inc. (the “Company”) effective September 2, 2014.

(c)     Mr. Nathan D. Legband will assume the positions of Vice President, Chief Financial Officer and Treasurer of the Company effective September 2, 2014 and will become the Company’s principal financial and accounting officer as a result. Mr. Legband, age 34, has served as the Company’s Corporate Controller since June 2012. Prior to joining the Company, Mr. Legband served in several capacities with West Corporation between 2008 and 2012, including the position of Senior Director of Accounting and Financial Analysis which he held from November 2009 until June 2012. He was previously employed as an Audit Manager at Deloitte & Touche from January 2003 through February 2008.

In his capacity of Vice President and Chief Financial Officer, Mr. Legband will be entitled to an annual base salary of $150,000 and will be eligible for performance-based compensation in the form of an annual bonus under the Company’s Short-Term Incentive Plan of up to 35% of his base salary provided the Company achieves certain universal goals established by the Compensation Committee. Mr. Legband is also eligible to participate in the Company’s 2010 Long-Term Incentive Plan, but has received no awards under that plan to date. Mr. Legband also continues to be eligible to participate in the Company’s 401(k), medical, dental and vision plans and certain other benefits available generally to employees of the Company. Mr. Legband does not have a written employment agreement with the Company.

Item 9.01.  Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No. Description

99.1 Press Release, dated July 18, 2014, announcing the appointment of Nathan D. Legband as Vice President, Chief Financial Officer and Treasurer of Ballantyne Strong, Inc. upon the retirement of Mary A. Carstens from the positions of Senior Vice President, Chief Financial Officer and Treasurer of Ballantyne Strong, Inc.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BALLANTYNE STRONG, INC.
Date: July 18, 2014		By:	/s/        Gary L. Cavey
		Gary L. Cavey
		President & CEO

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EX-99

Exhibit 99.1

NEWS ANNOUNCEMENT

Ballantyne Strong Announces Chief Financial Officer Transition

OMAHA, Nebraska (July 18, 2014) – Ballantyne Strong, Inc. (NYSE MKT: BTN), a diversified provider of digital technology services, products and solutions, today announced that Nathan D. Legband has been appointed Chief Financial Officer, effective September 2, 2014. Mr. Legband, who has served as Corporate Controller for Ballantyne Strong since June 2012, will replace Mary A. Carstens, who will be retiring on September 2, 2014.

Mr. Legband joined Ballantyne Strong as Corporate Controller in June 2012. In this role, Mr. Legband has been responsible for the preparation of all SEC filings, coordinating internal and external audit functions, implementing forecasting and budgeting processes, and managing the treasury function, among other responsibilities. Prior to joining Ballantyne Strong, Mr. Legband served in a number of finance department positions for West Corporation, a leading provider of technology-enabled communication services, from 2008-2012. During his time at West Corporation, Mr. Legband served as Director of Accounting/Controller for the West Asset Management segment and then Senior Director of Accounting and Financial Analysis for the Communication Services segment. Mr. Legband began his career as an Audit Manager in the Omaha and Denver offices of Deloitte & Touche LLP. Mr. Legband is a CPA and has a Bachelor of Science Degree in Business Administration from Creighton University.

Gary L. Cavey, President and CEO of Ballantyne Strong, commented, “During his time at Ballantyne Strong, Nate has taken on an increasing level of responsibility within our finance department and demonstrated the skills required to be an effective Chief Financial Officer. His experience and understanding of our businesses will be instrumental in maintaining continuity within our operations.

“We would also like to thank Mary Carstens for her years of excellent service to Ballantyne Strong. Mary has indicated that she wants to spend more time with her family and we wish her well in her retirement,” said Mr. Cavey.

“I am looking forward to the opportunity to travel and see more of my family,” said Ms. Carstens. “I am proud of the work we have done to build Ballantyne Strong into a diversified provider of digital technology services, products and solutions. I believe Nate will provide strong leadership for the finance department as Ballantyne continues to execute on its growth initiatives.”

About Ballantyne Strong, Inc. (www.strong-world.com)

Ballantyne Strong designs, integrates, and installs technology solutions for a broad range of applications; develops and delivers out-of-home messaging, advertising and communications; manufactures projection screens and lighting products; and provides managed services including monitoring of networked equipment. The Company focuses on serving the retail, financial, government and cinema markets.

Forward-Looking Statements

Except for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company’s products; the development of new technology for alternate means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings.  Actual results may differ materially from management’s expectations.

CONTACT:

Mary A. Carstens	Tricia Ross
Chief Financial Officer	Financial Profiles
402/453-4444	310/622-8226 or tross@finprofiles.com

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