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): December 16, 2008
NEUTRAL TANDEM, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 001-33778 | | 31-1786871 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
One South Wacker Drive
Suite 200
Chicago, Illinois 60606
(Address of principal executive offices, including Zip Code)
(312) 384-8000
(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:
¨ | 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)) |
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 16, 2008, the Compensation Committee of the Board of Directors of Neutral Tandem, Inc. (the “Company”) approved the following base salary increases for the named executive officers set forth below, effective January 1, 2009.
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Name | | Title | | Annual Salary |
Rian Wren | | Chief Executive Officer and President | | $ | 420,000 |
Surendra Saboo | | Chief Operating Officer | | | 290,000 |
Robert M. Junkroski | | Chief Financial Officer | | | 272,000 |
Consistent with an adjustment made during the current fiscal year, the salary of David Lopez, SVP, Sales, remains $171,164 per year.
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.
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| | NEUTRAL TANDEM, INC. |
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Date: December 19, 2008 | | /s/ Robert M. Junkroski |
| | Name: | | Robert M. Junkroski |
| | Title: | | Chief Financial Officer |
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