Hamilton Beach Brands Elects New Director

Ticker: HBB · Form: 8-K · Filed: 2024-05-13T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, director-election

Related Tickers: HBB

TL;DR

HBB adds Michael Gabel to the board, effective May 9th.

AI Summary

Hamilton Beach Brands Holding Co. announced on May 9, 2024, that its Board of Directors has elected a new director, Michael J. Gabel, effective immediately. Gabel will serve on the Audit Committee and the Compensation Committee. The company also reported on matters submitted to a vote of security holders and changes related to its articles of incorporation or bylaws.

Why It Matters

The addition of a new director can bring fresh perspectives and expertise to the board, potentially influencing strategic decisions and corporate governance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance matters such as director elections and amendments, with no immediate financial or operational risks disclosed.

Key Players & Entities

FAQ

Who is the newly elected director for Hamilton Beach Brands Holding Co.?

Michael J. Gabel was elected as a new director for Hamilton Beach Brands Holding Co.

When was Michael J. Gabel's election effective?

The election of Michael J. Gabel was effective as of May 9, 2024.

Which committees will Michael J. Gabel serve on?

Michael J. Gabel will serve on the Audit Committee and the Compensation Committee.

What is the company's state of incorporation?

Hamilton Beach Brands Holding Co. is incorporated in Delaware.

What is the company's fiscal year end?

The company's fiscal year ends on December 31st.

From the Filing

0001709164-24-000025.txt : 20240513 0001709164-24-000025.hdr.sgml : 20240513 20240513165409 ACCESSION NUMBER: 0001709164-24-000025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240509 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hamilton Beach Brands Holding Co CENTRAL INDEX KEY: 0001709164 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC HOUSEWARES & FANS [3634] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 311236686 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38214 FILM NUMBER: 24939948 BUSINESS ADDRESS: STREET 1: 4421 WATERFRONT DRIVE CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 804-273-9777 MAIL ADDRESS: STREET 1: 4421 WATERFRONT DRIVE CITY: GLEN ALLEN STATE: VA ZIP: 23060 8-K 1 hbb-20240509.htm 8-K hbb-20240509 0001709164 false 12/31 0001709164 2024-05-09 2024-05-09 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): May 9, 2024 HAMILTON BEACH BRANDS HOLDING COMPANY (Exact name of registrant as specified in its charter) Delaware 001-38214 31-1236686 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4421 WATERFRONT DR GLEN ALLEN VA 23060 (Address of principal executive offices) (Zip code) (804) 273-9777 (Registrant's telephone number, including area code) N/A (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 Class A Common Stock, Par Value $0.01 Per Share HBB 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 May 9, 2024, at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Hamilton Beach Brands Holding Company (the “Company”), the stockholders of the Company approved the amendment and restatement of the Hamilton Beach Brands Holding Company Executive Long-Term Equity I

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