Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
DYSL > SEC Filings for DYSL > Form 8-K on 3-Jul-2012All Recent SEC Filings

Show all filings for DYNASIL CORP OF AMERICA | Request a Trial to NEW EDGAR Online Pro

Form 8-K for DYNASIL CORP OF AMERICA


3-Jul-2012

Change in Directors or Principal Officers


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

On June 27, 2012, Steven K. Ruggieri resigned as Chief Executive Officer and President of the Company, and the Company's Board of Directors (the "Board") has accepted his resignation, effective July 6, 2012. Peter Sulick, the Company's Chairman of the Board, will serve as the Company's Interim Chief Executive Officer and President, while a search is conducted by the Board for a permanent Chief Executive Officer and President. Mr. Ruggieri has also resigned his position as a member of the Board, effective July 6, 2012.

Mr. Sulick, age 61, has been a director of the Company since 2008 and served as the non-executive Chairman of the Board since September 2009. He was also the Chair of the Audit Committee and Audit Committee Financial Expert from July 2008 until February of 2012, when that role was assumed by John Millerick. Additionally, Mr. Sulick has served on the Nominating and Governance Committee since 2010. While serving as Interim Chief Executive Officer and President, Mr. Sulick will continue as Chairman of the Board, but he will step down as a member of both the Audit Committee and Nominating and Governance Committee. He will be replaced on the Audit Committee by independent director Michael Joyner. He will be replaced on the Nominating and Governance Committee by independent director David Kronfeld.

Mr. Sulick is currently President and CEO of AmeriSite, LLC, a family-owned real estate development and investment company, which he founded in 1998. Mr. Sulick is the Executive Chairman and former CEO of Prism Microwave, Inc. which provides RF conditioning products for the mobile wireless infrastructure industry. Mr. Sulick's business background includes the founding of Independence Broadcasting Corporation, PowerFone Inc., SSPCS Corp. and AmeriSite, LLC. From 1985 until 2002, Mr. Sulick founded and led broadcasting and telecommunications companies that were later acquired by Nextel, T-Mobile and others. In the early part of his career, Mr. Sulick was a principal financial officer for Cablevision Systems and has also held several senior-level financial positions at the Communications Operations Group of ITT. He began his career in the audit department at Arthur Andersen & Co, in New York City following graduate school. He is a certified public accountant who earned his MBA in finance from the University of Massachusetts and a B.S. in Business Administration from The Citadel.

Terms relating to Mr. Sulick's engagement as interim Chief Executive Officer and President are being finalized by the Company's Compensation Committee and will be disclosed by the Company when available on an amendment to this Current Report on Form 8-K..

For additional information regarding Mr. Ruggieri or Mr. Sulick, see the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2011 and Proxy Statement filed on January 11, 2012.

  Add DYSL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for DYSL - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2013 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.