Delaware | 061576013 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] 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))
Mr. Slomsky, 45, served as Senior Vice President of Finance for Power Balance, LLC, a privately-held company that develops, markets and sells wearable performance technology consumer goods, from July 2010 to May 2011. From September 2007 to June 2010, Mr. Slomsky served as Vice President and Corporate Controller for Dot Hill Systems Corp., a publicly traded storage server provider. From November 2004 to September 2007, he served as Americas and Asia Regional Controller of Powerwave Technologies, Inc., a publicly traded end-to-end wireless provider. Mr. Slomsky was also Corporate Controller of Lantronix, Inc., a publicly traded device server technology provider, from 2000 to November 2004. He began his career as an auditor and later a manager with two major independent public accounting firms.
Mr. Slomsky was not selected pursuant to any arrangement or understanding between he and any other person. There are no family relationships between Mr. Slomsky and the directors and executive officers of the Company. Mr. Slomsky will receive an annual base salary of $200,000 and be eligible to receive an annual performance-based bonus equal to up to 25% of his base salary, in accordance with the Company's Senior Management Bonus Program. Mr. Slomsky will be eligible to receive severance payments equal to 6 months' base pay if Mr. Slomsky's employment is terminated as a result of a change in control.
DDi CORP. | ||||||||
Date: June 02, 2011 | By: | /s/ J. Michael Dodson | ||||||
J. Michael Dodson | ||||||||
Chief Financial Officer | ||||||||