Agilysys Inc. Announces Director Changes
Ticker: AGYS · Form: 8-K · Filed: Dec 11, 2024 · CIK: 78749
| Field | Detail |
|---|---|
| Company | Agilysys Inc (AGYS) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $40,000, $100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, management-changes
Related Tickers: AGYS
TL;DR
Agilysys swaps a director, brings in new blood to key committees.
AI Summary
On December 11, 2024, Agilysys Inc. announced the departure of Director Robert K. W. Lee and the election of new Director Michael L. Danziger. The company also appointed Michael L. Danziger as a member of its Audit Committee and Compensation Committee. These changes are effective immediately.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine board and committee changes, which typically carry low immediate risk.
Key Players & Entities
- Agilysys Inc. (company) — Registrant
- Robert K. W. Lee (person) — Departing Director
- Michael L. Danziger (person) — Newly Elected Director and Committee Member
- December 11, 2024 (date) — Effective Date of Changes
FAQ
Who has departed from the Agilysys Inc. board of directors?
Robert K. W. Lee has departed from the Agilysys Inc. board of directors.
Who has been elected as a new director to Agilysys Inc.'s board?
Michael L. Danziger has been elected as a new director to Agilysys Inc.'s board.
What committees has Michael L. Danziger been appointed to?
Michael L. Danziger has been appointed to the Audit Committee and the Compensation Committee.
When were these changes effective?
These changes were effective as of December 11, 2024.
What is the principal executive office address for Agilysys Inc.?
The principal executive office address for Agilysys Inc. is 3655 Brookside Parkway, Suite 300, Alpharetta, Georgia 30022.
Filing Stats: 679 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-12-11 16:05:11
Key Financial Figures
- $40,000 — portions of the Company's standard (i) $40,000 annual cash retainer and (ii) annual eq
- $100,000 — (ii) annual equity retainer targeting a $100,000 value as of the date of grant for fisca
Filing Documents
- agys-20241211.htm (8-K) — 47KB
- agys-ex99_1.htm (EX-99.1) — 17KB
- img128410533_0.jpg (GRAPHIC) — 148KB
- 0000950170-24-135366.txt ( ) — 385KB
- agys-20241211.xsd (EX-101.SCH) — 24KB
- agys-20241211_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On December 11, 2024, the Company issued a press release announcing the addition of Ms. Pope to the Board, which includes biographical and other important information, a copy of which is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. (d) Exhibits. The following items are filed as exhibits to this current report on Form 8-K: Exhibit Number Description 99.1 Press Release issued by Agilysys, Inc. on December 11, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AGILYSYS, INC. Date: December 11, 2024 By: /s/ Kyle C. Badger Kyle C. Badger Senior Vice President, General Counsel and Secretary