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SED > SEC Filings for SED > Form 8-K on 27-Nov-2012All Recent SEC Filings

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Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers and Appointment of Certain Officers.

(b) - (c) Effective November 27, 2012, the Board of Directors of SED International Holdings, Inc., a Georgia corporation (NYSE MKT: SED) (the "Company"), elected Christopher R. Joe, the Company's current Vice President of Finance, to the positions of Interim Chief Financial Officer, Secretary and Treasurer. Mr. Joe has been with the Company since August 2011 and will also continue to serve as its Vice President of Finance. He replaces Lyle Dickler who resigned his positions as the Company's Chief Financial Officer, Secretary and Treasurer on the same date to pursue other opportunities. No family relationship exists between Mr. Joe and any director or executive officer of the Company.

In addition, Jonathan Elster, resigned his position as Chief Strategy Officer of the Company effective as of November 30, 2012 to pursue other opportunities. The Company will incur severance expense of approximately $500,000 in the quarter ended December 31, 2012 as a result of these and other personnel actions.

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