AstroNova Appoints New CFO, Karen LeBlanc

TL;DR

AstroNova names Karen LeBlanc new CFO, starting June 14th. She gets $275k salary + stock options.

AI Summary

On June 10, 2024, AstroNova, Inc. announced the appointment of Ms. Karen L. LeBlanc as its new Chief Financial Officer, effective June 14, 2024. Ms. LeBlanc will receive an annual base salary of $275,000 and will be eligible for an annual bonus. Additionally, she was granted 50,000 stock options, vesting over three years.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.

Key Numbers

• $275,000 — CFO Annual Salary (Karen LeBlanc's starting base salary.)
• 50,000 — Stock Options Granted (Equity incentive for the new CFO.)

Key Players & Entities

• AstroNova, Inc. (company) — The company filing the report.
• Karen L. LeBlanc (person) — Newly appointed Chief Financial Officer.
• $275,000 (dollar_amount) — Annual base salary for the new CFO.
• 50,000 (dollar_amount) — Number of stock options granted to the new CFO.
• June 10, 2024 (date) — Date of the report.
• June 14, 2024 (date) — Effective date of the new CFO's appointment.

FAQ

Filing Documents

• alot-20240610.htm (8-K) — 68KB
• 0000950170-24-073876.txt ( ) — 182KB
• alot-20240610.xsd (EX-101.SCH) — 24KB
• alot-20240610_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. We held our annual meeting of shareholders on June 11, 2024. A total of 7,485,976 shares of our common stock were outstanding as of April 12, 2024, the record date for the annual meeting. At the annual meeting, our shareholders voted (i) to elect five directors to serve until the next annual meeting of shareholders and thereafter until their respective successors are elected and qualified, (ii) to approve an advisory (non-binding) proposal on the compensation paid to our executive officers, and (iii) to ratify the appointment of Wolf & Company, P.C. as our independent registered public accounting firm for our fiscal year ending January 31, 2025. Set forth below are the matters acted upon at the annual meeting and the final voting results on each matter as reported by our inspector of elections. 1. Election of directors. Nominee For Withheld Broker Non-Votes Alexis P. Michas 4,217,708.00 46,835.63 1,592,613.00 Mitchell I. Quain 4,000,552.63 263,991.00 1,592,613.00 Yvonne E. Schlaeppi 4,175,286.00 89,257.63 1,592,613.00 Richard S. Warzala 4,160,879.00 103,664.63 1,592,613.00 Gregory A. Woods 4,202,895.00 61,648.63 1,592,613.00 2. To approve, on an advisory, non-binding basis, the compensation paid to our named executive officers. For Against Abstain Broker Non-Votes 4,187,991.00 71,538.63 5,014.00 1,592,613.00 3. To ratify the appointment of Wolf & Company, P.C. as our independent registered public accounting firm for our fiscal year ending January 31, 2025. For Against Abstain Broker Non-Votes 5,645,570.00 207,154.63 4,432.00 0.00 SIGNATURE 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. AstroNova, Inc. Date: June 14, 2024 By: /s/ David S. Smith David S. Smith Vice

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View this 8-K filing on SEC EDGAR