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SAPX > SEC Filings for SAPX > Form 8-K on 20-Jun-2013All Recent SEC Filings

Show all filings for SEVEN ARTS ENTERTAINMENT INC.

Form 8-K for SEVEN ARTS ENTERTAINMENT INC.


20-Jun-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 June 19, 2013, we announced that Peter Hoffman will be taking a leave of absence as Chief ExecutiveOfficer

Peter Hoffman has taken a leave of absence as chief executive officer of the Company, effective today, for the next six months to seek opportunities for the Company and to assist as a producer of the Company's motion picture projects. Mr. Hoffman has waived his right to salary during this period, but will retain all other benefits of his employment agreement with the Company. Mr. Hoffman will be available to the Company as a consultant at no charge and will continue to act as counsel for the Company on various legal matters, for which he will be separately compensated. Kate Hoffman has been appointed as acting Chief Executive Officer during this period. Vince Vellardita will continue as President and Chairman.

A press release dated June 19, 2013, that announced the corporate actions is furnished as Exhibit 99.1.

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