Cadre Holdings Announces Executive and Director Changes
Ticker: CDRE · Form: 8-K · Filed: Jan 15, 2025 · CIK: 1860543
| Field | Detail |
|---|---|
| Company | Cadre Holdings, INC. (CDRE) |
| Form Type | 8-K |
| Filed Date | Jan 15, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
Related Tickers: CDRE
TL;DR
Cadre Holdings (CDRE) is shuffling its execs and board; watch for compensation details.
AI Summary
Cadre Holdings, Inc. announced on January 13, 2025, changes in its executive and director roles. The company filed an 8-K report detailing the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for its officers. Specific details regarding the individuals involved and the nature of the compensatory arrangements were not fully elaborated in the provided text but are central to this filing.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial health, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Executive and director changes, especially when accompanied by compensatory arrangement updates, can introduce uncertainty about future strategy and financial performance.
Key Players & Entities
- Cadre Holdings, Inc. (company) — Registrant
- January 13, 2025 (date) — Earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Jacksonville, Florida (location) — Principal executive offices
FAQ
What specific roles have been affected by the departure of certain officers and directors?
The filing indicates departures of certain officers and directors, but the specific roles affected are not detailed in the provided text.
Who are the newly elected directors of Cadre Holdings, Inc.?
The filing mentions the election of directors, but the names of the newly elected individuals are not specified in the provided text.
What are the key changes in the compensatory arrangements for Cadre Holdings' officers?
The filing notes updates to compensatory arrangements for certain officers, but the specific details of these changes are not elaborated in the provided text.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is January 13, 2025.
What is the principal executive office address for Cadre Holdings, Inc.?
The principal executive office address for Cadre Holdings, Inc. is 13386 International Pkwy, Jacksonville, Florida 32218.
Filing Stats: 919 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2025-01-15 16:15:18
Filing Documents
- tm253295d1_8k.htm (8-K) — 30KB
- 0001104659-25-003767.txt ( ) — 201KB
- cdre-20250113.xsd (EX-101.SCH) — 3KB
- cdre-20250113_lab.xml (EX-101.LAB) — 33KB
- cdre-20250113_pre.xml (EX-101.PRE) — 22KB
- tm253295d1_8k_htm.xml (XML) — 4KB
02. Departure of Directors or Certain
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (a) On January 13, 2025, Mr. Nicholas Sokolow notified the Board of Directors (the "Board") of Cadre Holdings, Inc. (the "Company") of his resignation as a director of the Company, as well as from all committees of the Board on which he currently serves and as lead independent director of the Board, effective as of January 31, 2025. Mr. Sokolow's resignation was not the result of any dispute or disagreement with the Company on any matter relating to the operations, policies, or practices of the Company. (d)The Company's Board appointed Mr. Gianmaria Delzanno to serve on the Company's Board effective as of January 13, 2025, until the Company's next Annual Meeting of Stockholders and until his successor is duly elected and qualified. Following the effective date of Mr. Sokolow's departure from the Board on January 31, 2025, Mr. Delzanno will replace Mr. Sokolow as the Board's lead independent director and will also serve as chairman of the Board's Nominating and Corporate Governance Committee as well as a member of the Board's Audit Committee and Compensation Committee. In connection with the appointment of Mr. Delzanno to the Board, the current number of directors on the Board has been expanded and fixed from five directors to six directors. Mr. Delzanno, 68 years old, is a veteran finance executive with over 40 years of experience in domestic and international M&A, corporate financing, debt and equity offerings and private equity. Since September 1996, Mr. Delzanno has served as the President of Delzanno & Co. Inc., a firm that he founded, advising domestic and international publicly traded and privately held companies in mergers and acquisitions, as well as providing corporate finance, restructuring, and general advisory and valuation services. From February 1984 to June 1996, Mr. Delzanno worked for the
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. Exhibit Description 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, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 15, 2025 CADRE HOLDINGS, INC. By: /s/ Blaine Browers Name: Blaine Browers Title: Chief Financial Officer