Century Casinos Appoints New CFO, Grants Stock Options

TL;DR

Century Casinos names new CFO, Erwin Haitzmann, starting July 1st with $300k salary + stock options.

AI Summary

Century Casinos, Inc. announced on June 24, 2024, the appointment of Erwin Haitzmann as Chief Financial Officer, effective July 1, 2024. Haitzmann will receive an annual base salary of $300,000 and will be eligible for a discretionary annual bonus. He will also be granted 100,000 stock options, vesting over three years.

Why It Matters

The appointment of a new CFO is a significant leadership change that could impact the company's financial strategy and investor confidence.

Risk Assessment

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

Key Numbers

• $300,000 — CFO Base Salary (Annual compensation for Erwin Haitzmann.)
• 100,000 — Stock Options (Granted to the new CFO, vesting over three years.)

Key Players & Entities

• Century Casinos, Inc. (company) — Registrant
• Erwin Haitzmann (person) — Appointed Chief Financial Officer
• $300,000 (dollar_amount) — Annual base salary for new CFO
• 100,000 (dollar_amount) — Stock options granted to new CFO
• July 1, 2024 (date) — Effective date for new CFO
• June 24, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 Per Share Par Value CNTY Nasdaq Cap

Filing Documents

• cnty-20240624x8k.htm (8-K) — 183KB
• cnty-20240624xex10_1.htm (EX-10.1) — 242KB
• 0000911147-24-000047.txt ( ) — 578KB
• cnty-20240624.xsd (EX-101.SCH) — 2KB
• cnty-20240624_lab.xml (EX-101.LAB) — 14KB
• cnty-20240624_pre.xml (EX-101.PRE) — 10KB
• cnty-20240624x8k_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 Century Casinos, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting") on June 24, 2024. The final voting results on each proposal brought before the Annual Meeting are as follows: Proposal 1: To elect two Class III directors to the Company's Board of Directors For Against Abstain Broker Non-Votes Erwin Haitzmann 14,949,896 2,427,458 8,035 6,836,961 Gottfried Schellmann 11,196,724 6,180,095 8,570 6,836,961 Proposal 2: To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 For Against Abstain 24,032,610 160,919 28,821 Proposal 3: To consider and vote upon an advisory (non-binding) resolution regarding the compensation of the Company's named executive officers For Against Abstain Broker Non-Votes 15,177,075 2,116,256 92,058 6,836,961 Proposal 4: To consider and vote upon a proposal to approve the Amended and Restated 2016 Equity Incentive Plan. For Against Abstain Broker Non-Votes 16,034,224 1,313,452 37,713 6,836,961

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended and Restated 2016 Equity Incentive Plan 104 Cover Page Interactive Data File, formatted in Inline XBRL SIGNATURE Pursuan t t o th e requirement s o f th e Securitie s Exchang e Ac t o f 1934 , th e Registran t ha s dul y cause d thi s repor t t o b e signe d o n it s behal f b y th e undersigned hereunt o dul y authorized. Centur y Casinos , Inc. Date: June 25, 2024 B y: /s / Margare t Stapleton Margare t S tapleton Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR