UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): | March 25, 2019 |
| WRIGHT INVESTORS’ SERVICE HOLDINGS, INC. |
| (Exact Name of Registrant as Specified in Its Charter) |
| Delaware |
| (State or Other Jurisdiction of Incorporation) |
| 000-50587 | 13-4005439 |
| (Commission File Number) | (IRS Employer Identification No.) |
| 177 West Putnam Avenue, Greenwich CT | 06830 |
(Address of Principal Executive Offices) | (Zip Code) |
| (914) 242-5700 |
| (Registrant’s Telephone Number, Including Area Code) |
| |
| (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 (seeGeneral Instruction A.2. below):
| ☐ | 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 40.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 March 25, 2019 the Board of Directors of the Corporation appointed Harold D. Kahn as the Corporation’s Acting Chief Financial Officer and Acting Chief Accounting Officer. Mr. Kahn, who has previously served as a consultant to the Corporation, will receive compensation of $12,000 per month. The Corporation’s former Chief Financial Officer who resigned effective January 1, 2019 has continued as a consultant to the Corporation since that date, advising on matters of financial accounting and reporting.
Harold D. Kahn has been the Managing Member of Vela Capital Advisors, LLC, an independent advisory consultancy since February 2007. Mr. Kahn has been a senior principal for several privately-held technology consulting and investment management firms. Earlier in his career, he was a Partner at PricewaterhouseCoopers in New York and Tokyo. Mr. Kahn holds an AB in Economics from Stanford University.
On March 25, 2019, the Board of Directors of the Corporation appointed Dort A. Cameron as a member of the Corporation’s Audit, Compensation and Nominating and Corporate Governance Committees. Mr. Cameron became a director of the Corporation on February 13, 2019.
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.
| | Wright Investors’ Service Holdings, Inc. |
| | |
| | |
Date: March 28, 2019 | By: | /s/ Harvey P. Eisen |
| | | Name: Harvey P. Eisen
Title: Chairman and Chief Executive Officer |
