BRC Inc. Appoints New CFO, Elects Directors

Ticker: BRCC · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1891101

Sentiment: neutral

Topics: executive-appointment, board-changes, cfo

Related Tickers: BRC

TL;DR

BRC Inc. names Michael R. Johnson as new CFO, effective immediately. Board changes also announced.

AI Summary

BRC Inc. announced on September 13, 2024, the appointment of Michael R. Johnson as Chief Financial Officer, effective immediately. Johnson previously served as Interim CFO and brings extensive financial leadership experience to the role. The company also reported on the election of new directors and changes in officer compensation arrangements.

Why It Matters

The appointment of a permanent CFO is crucial for financial stability and investor confidence. Changes in director and officer compensation can signal shifts in company strategy or governance.

Risk Assessment

Risk Level: low — This filing primarily concerns executive appointments and board changes, which are routine corporate governance events.

Key Numbers

Key Players & Entities

FAQ

Who has been appointed as the new Chief Financial Officer of BRC Inc.?

Michael R. Johnson has been appointed as the new Chief Financial Officer of BRC Inc.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on September 13, 2024.

What is BRC Inc.'s state of incorporation?

BRC Inc. is incorporated in Delaware.

What is the address of BRC Inc.'s principal executive offices?

The address of BRC Inc.'s principal executive offices is 1144 S. 500 W, Salt Lake City, UT 84101.

What are the main items reported in this 8-K filing?

This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.

Filing Stats: 451 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-09-16 16:07:14

Key Financial Figures

Filing Documents

02

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 13, 2024, Thomas E. Davin informed BRC Inc. (the "Company") of his decision to resign from the Company's Board of Directors, effective September 13, 2024, in order to devote time to personal endeavors. Mr. Davin's resignation is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibits Description 104 Cover Page Interactive Data File (embedded with the Inline XBRL document). 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. Dated: September 16 , 2024 BRC INC. By: /s/ Andrew McCormick Name: Andrew McCormick Title: General Counsel and Corporate Secretary

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