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ESMC > SEC Filings for ESMC > Form 8-K on 22-May-2013All Recent SEC Filings

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Form 8-K for ESCALON MEDICAL CORP


22-May-2013

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 May 17, 2013, our board appointed C. Sean Closkey, as a Class III director, filling the vacancy resulting from Jay Federman's resignation. Mr. Closkey is the President of TRF Development Partners (TRF DP). TRF DP was established in 2006 as a non-profit real estate development company whose mission it is to develop affordable housing and stabilize distressed urban areas. TRF DP focuses its resources on creating quality affordable housing and urban redevelopment work in the Mid-Atlantic US. Prior to that Mr. Closkey was the Executive Vice President of The Reinvestment Fund (TRF) in Philadelphia, PA. TRF is one of the nation's largest and most productive Community Development Financial Institutions. TRF has invested over $1 billion in low- and moderate-income communities to advance affordable housing, urban supermarkets, community health centers, charter schools and sustainable energy. Mr. Closkey was the Executive Director of The New Jersey Housing and Mortgage Finance Agency (NJ-HMFA), the nation's 7th largest state housing finance agency, which controls $3.9 billion in assets. The Agency's mission is to finance the development of affordable housing throughout the State of New Jersey.


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