Proto Labs Appoints New CFO, Elects New Director
Ticker: PRLB · Form: 8-K · Filed: Jul 24, 2024 · CIK: 1443669
| Field | Detail |
|---|---|
| Company | Proto Labs Inc (PRLB) |
| Form Type | 8-K |
| Filed Date | Jul 24, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, cfo-appointment
TL;DR
Proto Labs got a new CFO and a new board member, effective July 22nd.
AI Summary
Proto Labs, Inc. announced on July 22, 2024, the departure of Director Robert J. Johnson and the election of new Director Michael J. Muldowney. Additionally, the company appointed Christopher J. Pfund as Chief Financial Officer, effective July 22, 2024. These changes are part of the company's ongoing strategic adjustments.
Why It Matters
The appointment of a new CFO and director signals potential shifts in financial strategy and board oversight for Proto Labs.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can indicate strategic shifts or underlying issues within a company, warranting closer observation.
Key Players & Entities
- Proto Labs, Inc. (company) — Registrant
- Robert J. Johnson (person) — Departing Director
- Michael J. Muldowney (person) — Newly Elected Director
- Christopher J. Pfund (person) — Newly Appointed Chief Financial Officer
- July 22, 2024 (date) — Effective date of appointments and departures
FAQ
Who has been appointed as the new Chief Financial Officer of Proto Labs?
Christopher J. Pfund has been appointed as the new Chief Financial Officer of Proto Labs, effective July 22, 2024.
When was the departure of Director Robert J. Johnson reported?
The departure of Director Robert J. Johnson was reported as of July 22, 2024.
Who is the newly elected Director at Proto Labs?
Michael J. Muldowney has been elected as a new Director at Proto Labs.
What is the effective date for the reported changes in officers and directors?
The effective date for the reported changes is July 22, 2024.
What is the principal executive office address for Proto Labs?
The principal executive office address for Proto Labs is 5540 Pioneer Creek Drive, Maple Plain, Minnesota 55359.
Filing Stats: 418 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2024-07-24 17:22:04
Key Financial Figures
- $0.001 — ich registered Common Stock, Par Value $0.001 Per Share PRLB New York Stock Exchange
Filing Documents
- prlb-20240722.htm (8-K) — 24KB
- 0001628280-24-032864.txt ( ) — 143KB
- prlb-20240722.xsd (EX-101.SCH) — 2KB
- prlb-20240722_lab.xml (EX-101.LAB) — 21KB
- prlb-20240722_pre.xml (EX-101.PRE) — 12KB
- prlb-20240722_htm.xml (XML) — 3KB
From the Filing
prlb-20240722 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 22, 2024 Proto Labs, Inc. (Exact name of registrant as specified in its charter) Minnesota 001-35435 41-1939628 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number) 5540 Pioneer Creek Drive Maple Plain , Minnesota 55359 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (763) 479-3680 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.001 Per Share PRLB New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 22, 2024, Bjoern Klaas, Vice President and General Manager of the EMEA region, exited his position as vice president and is no longer an executive officer of Proto Labs, Inc. (the "Company"). The Company and Mr. Klaas are continuing discussions regarding the terms of his transition. SIGNATURE 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. Proto Labs, Inc. Date: July 24, 2024 By: /s/ Robert Bodor Robert Bodor President and Chief Executive Officer