UNIFI INC Appoints New CFO and Directors

Ticker: UFI · Form: 8-K · Filed: Mar 11, 2024 · CIK: 100726

Unifi Inc 8-K Filing Summary
FieldDetail
CompanyUnifi Inc (UFI)
Form Type8-K
Filed DateMar 11, 2024
Risk Levelmedium
Pages1
Reading Time2 min
Key Dollar Amounts$0.10
Sentimentneutral

Sentiment: neutral

Topics: executive-change, board-change, personnel

Related Tickers: UFI

TL;DR

UNIFI just hired a new CFO and added two board members, effective March 11th.

AI Summary

On March 5, 2024, UNIFI, INC. announced changes in its executive team. The company appointed Christopher L. Halford as Chief Financial Officer, effective March 11, 2024. Additionally, the Board of Directors elected two new members, Brian R. Cole and David L. Johnson, also effective March 11, 2024.

Why It Matters

These executive and board changes could signal a shift in the company's financial strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.

Key Players & Entities

  • UNIFI, INC. (company) — Registrant
  • Christopher L. Halford (person) — Appointed Chief Financial Officer
  • March 11, 2024 (date) — Effective date for CFO appointment and director election
  • Brian R. Cole (person) — Elected Director
  • David L. Johnson (person) — Elected Director
  • March 05, 2024 (date) — Date of earliest event reported

FAQ

Who has been appointed as the new Chief Financial Officer of UNIFI, INC.?

Christopher L. Halford has been appointed as the new Chief Financial Officer of UNIFI, INC.

When is the appointment of Christopher L. Halford as CFO effective?

The appointment of Christopher L. Halford as CFO is effective March 11, 2024.

How many new directors were elected to UNIFI, INC.'s Board of Directors?

Two new directors, Brian R. Cole and David L. Johnson, were elected to UNIFI, INC.'s Board of Directors.

When are the new directors' elections effective?

The elections of Brian R. Cole and David L. Johnson are effective March 11, 2024.

What is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing is March 05, 2024.

Filing Stats: 448 words · 2 min read · ~1 pages · Grade level 11.8 · Accepted 2024-03-11 16:06:12

Key Financial Figures

  • $0.10 — ch registered Common Stock, par value $0.10 per share UFI New York Stock Exchan

Filing Documents

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. UNIFI, INC. Date: March 11, 2024 By: /s/ ANDREW J. EAKER Andrew J. Eaker Executive Vice President & Chief Financial Officer Treasurer

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