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MIBI > SEC Filings for MIBI > Form 8-K on 13-Jun-2013All Recent SEC Filings

Show all filings for MOBILE INTEGRATED SYSTEMS, INC. | Request a Trial to NEW EDGAR Online Pro



Change in Directors or Principal Officers, Other Events, Financia

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

Appointment of Abbas Damji as President, Chief Executive Officer and Member of the Board

Effective as of June 3, 2013, Mr. Abbas Damji commenced serving as the President and Chief Executive Officer of Mobile Integrated Systems, Inc. (the "Company"). He has also commenced serving as a Member of the Company's Board of Directors (the "Board"). The Board appointed Mr. Damji to these positions on May 17, 2013.

Prior to joining the Company, Mr. Damji served as Managing Director at Atlantic Lottery Corporation, one of Canada's leading lottery and gaming companies with over $1 Billion in sales. At Atlantic Lottery, Mr. Damji was responsible for equity investments and international expansions allowing the Lottery to diversify cash flows from exposure within domestic markets. Prior to Atlantic Lottery, Mr. Damji worked at Deloitte & Touche as a Vice President in the Financial Advisory Group where he advised both private equity and corporate clients on investment banking deals across a wide variety of sectors, including gaming, financial services, food and beverage, technology, media and entertainment.

Mr. Damji is a Chartered Accountant and holds an Honours Bachelor of Business Administration from the Schulich School of Business, York University.

No decisions have been made yet regarding Mr. Damji's compensation.

Effective as of June 3, 2013, Mr. Emlyn David has ceased serving as the Company's Interim Chief Executive Officer. Mr. David shall continue to serve as the Company's Chief Financial Officer.

Item 8.01. Other Events.

Press Release Regarding the Transaction

On May 21, 2013, the Company issued a press release announcing that Mr. Damji has been appointed as the Company's new President, Chief Executive Officer and as a Member of the Board, effective as of June 3, 2013.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description of Exhibit.

Exhibit 99.1 Press Release dated May 21, 2013.

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