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): March 4, 2013
SPARTAN MOTORS, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Michigan (State or Other Jurisdiction of Incorporation) |
0-13611 (Commission File No.) |
38-2078923 (IRS Employer Identification No.) |
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1541 Reynolds Road, Charlotte, Michigan (Address of Principal Executive Offices) |
48813 (Zip Code) |
517-543-6400
(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:
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Written communications pursuant to Rule 425 under the Section Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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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. |
(b) Departure of Chief Financial Officer. On March 4, 2013, Joseph M. Nowicki submitted his resignation as Chief Financial Officer and Treasurer of Spartan Motors, Inc. (the "Company"), effective March 22, 2013 in order to take a position as Chief Financial Officer at another company.
(c) Appointment of Interim Chief Financial Officer. On March 6, 2013, the Board of Directors of the Company appointed Lori L. Wade as Interim Chief Financial Officer and Treasurer of the Company, effective as of March 22, 2013. Ms. Wade, age 49 has served as the Company’s Executive Director of Finance since February, 2008. Prior to her employment by the Company, she served as Worldwide Sarbanes-Oxley Manager, Logistics Center Controller, and various other financial management positions during her more than 21 years at Eaton Corporation.
On March 6, 2013 the Company issued a press release announcing the resignation of Joseph M. Nowicki and the appointment by the Board of Directors of Lori L. Wade as Interim Chief Financial Officer and Treasurer of the Company, effective March 22, 2013. A copy of the press release is attached to this Current Report as Exhibit 99.1.
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Item 9.01 |
Financial Statements and Exhibits |
(d) Exhibits
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99.1 |
Press Release dated March 6, 2013 announcing the resignation of Joseph M. Nowicki from the position of Chief Financial Officer and Treasurer and the appointment of Lori L. Wade as Interim Chief Financial Officer and Treasurer of Spartan Motors, 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.
| SPARTAN MOTORS, INC. | |||
| Dated: March 6, 2013 | By: | /s/ Joseph M. Nowicki | |
| By: Joseph M. Nowicki
Its: Chief Financial Officer |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Spartan Motors Announces Management Change
Charlotte, Mich., March 6, 2013 – Spartan Motors, Inc. (NASDAQ: SPAR) (“Spartan” or the “Company”) today announced that Joseph M. Nowicki is stepping down as CFO and Treasurer to accept a position with another company. Lori L. Wade has been named Interim Chief Financial Officer and Treasurer, effective March 22, 2013.
John Sztykiel, Chief Executive Officer of Spartan Motors, Inc., stated regarding the management change, “Joe Nowicki was instrumental in building our finance team and in leading our business transformation. Due to Joe’s financial leadership, Spartan has a solid balance sheet with great liquidity. We wish him the very best in his new position. I am pleased that Lori Wade has agreed to take on the additional duties of Interim Chief Financial Officer. She knows our business well and has the support of the entire Company in her new role, and particularly the support of a tremendous finance team.”
Ms. Wade has served as the Company’s Executive Director of Finance since February 2008. Prior to joining Spartan, she spent more than 21 years at Eaton Corporation where she served as Worldwide Sarbanes-Oxley Manager, Logistics Center Controller, and other financial management positions.
About Spartan Motors
Spartan Motors, Inc. designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), emergency response, government services, defense, and delivery and service markets. The Company's brand names – Spartan™, Spartan Chassis™, Spartan ER™, Spartan ERV™ and Utilimaster® - are known for quality, performance, service and first-to-market innovation. The Company employs approximately 1,800 associates at facilities in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan reported sales of $471 million in 2012 and is focused on becoming a global leader in the design, engineering and manufacture of specialty vehicles and chassis. Visit Spartan Motors at www.spartanmotors.com.