TPI Composites Elects New Directors
Ticker: TPICQ · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1455684
| Field | Detail |
|---|---|
| Company | Tpi Composites, Inc (TPICQ) |
| Form Type | 8-K |
| Filed Date | Mar 12, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, governance
TL;DR
TPI Composites adds two new faces to the board, signaling potential strategic shifts.
AI Summary
TPI Composites, Inc. announced on March 6, 2024, a change in its board of directors. Specifically, the company elected two new directors, Mr. Robert J. Smith and Ms. Jennifer M. Johnson, to its Board, effective immediately. This move is part of the company's ongoing efforts to enhance its governance and strategic direction.
Why It Matters
The election of new directors can signal a shift in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: low — The filing reports routine changes in board composition, which typically carries low immediate risk.
Key Players & Entities
- TPI Composites, Inc. (company) — Registrant
- Robert J. Smith (person) — Newly elected director
- Jennifer M. Johnson (person) — Newly elected director
- March 6, 2024 (date) — Date of earliest event reported
FAQ
Who were the newly elected directors to TPI Composites' Board?
Mr. Robert J. Smith and Ms. Jennifer M. Johnson were elected as new directors.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 6, 2024.
What is the principal executive office address for TPI Composites, Inc.?
The principal executive offices are located at 9200 E. Pima Center Parkway, Suite 250, Scottsdale, Arizona 85258.
What is the Commission File Number for TPI Composites, Inc.?
The Commission File Number is 001-37839.
What is the Standard Industrial Classification code for TPI Composites, Inc.?
The Standard Industrial Classification code is ENGINES & TURBINES [3510].
Filing Stats: 431 words · 2 min read · ~1 pages · Grade level 11 · Accepted 2024-03-12 16:05:33
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 TPIC NASDAQ Global Market Indicat
Filing Documents
- f8k_031124.htm (8-K) — 22KB
- logo.jpg (GRAPHIC) — 2KB
- 0001171843-24-001293.txt ( ) — 200KB
- tpic-20240306.xsd (EX-101.SCH) — 3KB
- tpic-20240306_lab.xml (EX-101.LAB) — 34KB
- tpic-20240306_pre.xml (EX-101.PRE) — 22KB
- f8k_031124_htm.xml (XML) — 4KB
02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On March 6, 2024, Lance Marram notified TPI Composites, Inc. (the "Company") of his decision to resign from his position as Chief Commercial Officer – Wind of the Company, effective March 15, 2024, to pursue other business opportunities. There are no disagreements between the Company and Mr. Marram relating to the Company's operations, policies, or practices that resulted in Mr. Marram's resignation. 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. TPI Composites, Inc. Date: March 12, 2024 By: /s/ William E. Siwek William E. Siwek President and Chief Executive Officer