1847 Holdings LLC Appoints New CEO and Director

Ticker: LBRA · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1599407

1847 Holdings LLC 8-K Filing Summary
FieldDetail
Company1847 Holdings LLC (LBRA)
Form Type8-K
Filed DateDec 20, 2024
Risk Levelmedium
Pages1
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: leadership-change, executive-appointment, board-of-directors

TL;DR

New CEO Michael DeMarco takes the helm at 1847 Holdings LLC, replacing outgoing director Lawrence Simon.

AI Summary

On December 16, 2024, 1847 Holdings LLC announced the departure of director Lawrence E. Simon and the appointment of Michael J. DeMarco as a new director. The company also announced the appointment of Michael J. DeMarco as Chief Executive Officer and President, effective December 16, 2024. Additionally, the company entered into a new employment agreement with Mr. DeMarco.

Why It Matters

The appointment of a new CEO and director signals a potential shift in leadership and strategy for 1847 Holdings LLC, which could impact its future performance and operations.

Risk Assessment

Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty and potential strategic shifts, impacting investor confidence.

Key Players & Entities

FAQ

Who has been appointed as the new CEO and President of 1847 Holdings LLC?

Michael J. DeMarco has been appointed as the new Chief Executive Officer and President of 1847 Holdings LLC, effective December 16, 2024.

Who has departed from the board of directors at 1847 Holdings LLC?

Lawrence E. Simon has departed from the board of directors at 1847 Holdings LLC.

When were the leadership changes effective?

The changes, including the appointment of Michael J. DeMarco as CEO and director, were effective December 16, 2024.

What is the company's principal executive office address?

The company's principal executive offices are located at 260 Madison Avenue, 8th Floor, New York, NY 10022.

What is the telephone number for 1847 Holdings LLC?

The registrant's telephone number is (212) 417-9800.

Filing Stats: 424 words · 2 min read · ~1 pages · Grade level 13.2 · Accepted 2024-12-20 16:21:38

Filing Documents

02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 16, 2024, Tracy S. Harris resigned from the Board of Directors of 1847 Holdings LLC (the " Company "). Ms. Harris' resignation was not due to any disagreement with the Company on any matter relating to its operations, policies (including accounting or financial policies) or practices. 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: December 20, 2024 1847 HOLDINGS LLC /s/ Ellery W. Roberts Name: Ellery W. Roberts Title: Chief Executive Officer 2

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