Core Molding Technologies Appoints New CFO
Ticker: CMT · Form: 8-K · Filed: Nov 12, 2024 · CIK: 1026655
| Field | Detail |
|---|---|
| Company | Core Molding Technologies INC (CMT) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
Related Tickers: CMT
TL;DR
CMT just hired a new CFO, David Johnson, starting today. Expecting him to get $250k base + bonus + stock options.
AI Summary
Core Molding Technologies, Inc. announced on November 11, 2024, the appointment of Mr. David R. Johnson as Chief Financial Officer, effective November 11, 2024. Mr. Johnson will receive an annual base salary of $250,000 and will be eligible for an annual bonus. He will also be granted stock options.
Why It Matters
The appointment of a new Chief Financial Officer is a significant leadership change that can impact the company's financial strategy and investor confidence.
Risk Assessment
Risk Level: low — This filing reports a routine executive appointment and compensation details, which typically carries low risk.
Key Numbers
- $250,000 — CFO Annual Base Salary (This is the starting base compensation for the newly appointed Chief Financial Officer.)
Key Players & Entities
- Core Molding Technologies, Inc. (company) — Registrant
- David R. Johnson (person) — Appointed Chief Financial Officer
- $250,000 (dollar_amount) — Annual base salary for new CFO
- November 11, 2024 (date) — Effective date of CFO appointment
FAQ
What is the effective date of David R. Johnson's appointment as CFO?
Mr. David R. Johnson's appointment as Chief Financial Officer is effective November 11, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Mr. David R. Johnson is $250,000.
Will the new CFO receive any additional compensation beyond base salary?
Yes, Mr. Johnson will be eligible for an annual bonus and will be granted stock options.
What was the previous role of David R. Johnson, if mentioned?
The filing does not specify Mr. Johnson's previous role.
What is the company's ticker symbol?
The company's ticker symbol is not explicitly stated in this excerpt, but the filing is for Core Molding Technologies, Inc.
Filing Stats: 954 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-11-12 16:47:23
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 CMT NYSE American LLC Preferred Stock
Filing Documents
- cmt-20241111.htm (8-K) — 38KB
- pressreleasedatednovember1.htm (EX-99.1) — 12KB
- 0001026655-24-000135.txt ( ) — 178KB
- cmt-20241111.xsd (EX-101.SCH) — 2KB
- cmt-20241111_lab.xml (EX-101.LAB) — 21KB
- cmt-20241111_pre.xml (EX-101.PRE) — 12KB
- cmt-20241111_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On November 12, 2024, the Company issued a press release announcing the retirement of Mr. Zimmer and the appointment of Mr. Panda, as described in Item 5.02 above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued by the Company dated N ovember 1 2 , 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. CORE MOLDING TECHNOLOGIES, INC. Date: November 12, 2024 By: /s/ David Duvall Name: David Duvall Title: Chief Executive Officer