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
March 1, 2013
Date of Report (Date of earliest event reported)
CRAILAR TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
British Columbia | 000-50367 | 98-0359306 |
305-4420 Chatterton Way |
|
(250) 658-8582
Registrant's telephone number, including area code
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K 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)) |
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective on March 1, 2013, the Board of Directors of Crailar Technologies Inc. (the "Company") accepted the resignation of Guy Prevost as the Chief Financial Officer of the Company. Also effective March 1, 2013, the Company accepted the consent to act as Chief Financial Officer of the Company of Theodore Sanders and the consent to act as Corporate Controller and Compliance Officer of the Company of Guy Prevost.
Mr. Sanders brings 20 years of financial management experience in publicly traded and private businesses from startups to multi-billion dollar global companies. Mr. Sanders brings to the CRAiLAR executive management team a proven track record of success, most recently as CFO of U.S. Auto Parts (NASDAQ: PRTS), where revenues doubled during his three-year tenure to more than $325 million through organic growth and acquisition, and at PCM Inc. (NASDAQ: PCMI), where he oversaw revenues of $1.2 billion, acquisitions and subsidiary IPOs with a team of 60 during his 10-year tenure.
As a consequence of the appointment of Mr. Sanders, the Board of Directors and Executive Officers of the Company are now comprised of the following:
Name | Position |
Kenneth Barker | Chief Executive Officer and a Director |
Jason Finnis | President, Chief Innovation Officer and a Director |
Larisa Harrison | Chief Administration Officer, Secretary, Treasurer and a Director |
Theodore Sanders | Chief Financial Officer |
Guy Prevost | Corporate Controller and Compliance Officer and a Director |
Thomas C. Robinson | Chief Operating Officer |
Jay Nalbach | Chief Marketing Officer |
Robert Edmunds | Director |
Miljenko Horvat | Director |
Jeremy Jones | Director |
Peter Moore | Director |
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.
CRAILAR TECHNOLOGIES INC. | |
DATE: March 1, 2013 | By: /s/ Guy Prevost |
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