1847 Holdings LLC Appoints New Directors, Amends Officer Agreements
Ticker: LBRA · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1599407
| Field | Detail |
|---|---|
| Company | 1847 Holdings LLC (LBRA) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $300,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
1847 Holdings LLC adds new board members and adjusts exec pay.
AI Summary
On August 16, 2024, 1847 Holdings LLC announced changes to its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Shari L. Rosen and Mr. David L. Miller, and appointed Ms. Rosen as the Chair of the Audit Committee. Additionally, the company entered into new employment agreements with certain officers, including an amended employment agreement with its CEO, Mr. Ellery W. McClintock.
Why It Matters
The appointment of new directors and changes to executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal shifts that may affect future business operations and financial performance.
Key Players & Entities
- 1847 Holdings LLC (company) — Registrant
- Shari L. Rosen (person) — Newly elected director and Chair of the Audit Committee
- David L. Miller (person) — Newly elected director
- Ellery W. McClintock (person) — CEO of 1847 Holdings LLC
- August 16, 2024 (date) — Date of earliest event reported
- August 22, 2024 (date) — Date of report
FAQ
Who were the new directors appointed to the board of 1847 Holdings LLC?
Ms. Shari L. Rosen and Mr. David L. Miller were elected as new directors.
What role did Ms. Shari L. Rosen take on?
Ms. Shari L. Rosen was appointed as the Chair of the Audit Committee.
Were there any changes to executive employment agreements?
Yes, the company entered into new employment agreements with certain officers, including an amended employment agreement with CEO Mr. Ellery W. McClintock.
What is the principal executive office address for 1847 Holdings LLC?
The principal executive offices are located at 590 Madison Avenue, 21st Floor, New York, NY 10022.
What is the filing date for this Current Report?
This Current Report was filed on August 22, 2024.
Filing Stats: 977 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-08-22 17:20:37
Key Financial Figures
- $300,000 — is entitled to an annual base salary of $300,000. He will also be eligible for an annual
Filing Documents
- ea0212169-8k_1847hold.htm (8-K) — 29KB
- ea021216901ex10-1_1847hold.htm (EX-10.1) — 23KB
- ex10-1_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-071923.txt ( ) — 233KB
- efsh-20240816.xsd (EX-101.SCH) — 3KB
- efsh-20240816_lab.xml (EX-101.LAB) — 33KB
- efsh-20240816_pre.xml (EX-101.PRE) — 22KB
- ea0212169-8k_1847hold_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 10.1 Employment Offer Letter, dated July 29, 2024, between 1847 HQ Inc. and Eric Vandam 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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. Date: August 22, 2024 1847 HOLDINGS LLC /s/ Ellery W. Roberts Name: Ellery W. Roberts Title: Chief Executive Officer 2