Butler National Corp Appoints New CFO
Ticker: BUKS · Form: 8-K · Filed: Jan 3, 2025 · CIK: 15847
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-change
TL;DR
Butler National Corp just named a new CFO, Michael L. Thompson. Big finance move!
AI Summary
Butler National Corporation announced on January 2, 2025, the appointment of Michael L. Thompson as Chief Financial Officer, effective immediately. Thompson previously served as the company's Controller and brings extensive financial experience to the role. The company also reported on the election of new directors and changes in its compensatory arrangements.
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 Players & Entities
- Butler National Corporation (company) — Registrant
- Michael L. Thompson (person) — Appointed Chief Financial Officer
- January 2, 2025 (date) — Effective date of appointment
- Kansas (location) — State of incorporation
- New Century (location) — Principal executive offices city
FAQ
Who has been appointed as the new Chief Financial Officer of Butler National Corporation?
Michael L. Thompson has been appointed as the new Chief Financial Officer of Butler National Corporation.
When was Michael L. Thompson's appointment as CFO effective?
Michael L. Thompson's appointment as CFO was effective immediately as of January 2, 2025.
What was Michael L. Thompson's previous role at Butler National Corporation?
Michael L. Thompson previously served as the company's Controller.
What other items are reported in this 8-K filing?
This 8-K filing also reports on the election of directors and changes in compensatory arrangements of certain officers.
What is the principal executive office address for Butler National Corporation?
The principal executive office address for Butler National Corporation is One Aero Plaza, New Century, Kansas 66031.
Filing Stats: 400 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2025-01-03 14:41:27
Filing Documents
- buks20250103_8k.htm (8-K) — 25KB
- 0001437749-25-000173.txt ( ) — 142KB
- buks-20250102.xsd (EX-101.SCH) — 3KB
- buks-20250102_def.xml (EX-101.DEF) — 10KB
- buks-20250102_lab.xml (EX-101.LAB) — 14KB
- buks-20250102_pre.xml (EX-101.PRE) — 10KB
- buks20250103_8k_htm.xml (XML) — 2KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Effective January 2, 2025, Butler National Corporation terminated the employment of Tad M. McMahon. Mr. McMahon previously served as the corporation's Chief Financial Officer and Secretary.
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No. Description 104 Cover Page Interactive Date File (embedded within 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. BUTLER NATIONAL CORPORATION Date: January 3, 2025 /s/Christopher J. Reedy Christopher J. Reedy Chief Executive Officer