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) July 14, 2014
INTEGRATED ELECTRIC SYSTEMS CORP.
(Exact name of registrant as specified in its charter)
Nevada 000-54667 20-8624019
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
15991 Red Hill, Tustin, CA 92780
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (818) 995-9107
16133 Ventura Blvd., Suite 700, Encino, CA, 91436
(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
Effective July 14, 2014, Larry Segal resigned as president, chief executive
officer, chief financial officer, treasurer, secretary and director of our
company. Mr. Segal's resignation was not the result of any disagreement with our
company regarding our operations, policies, practices or otherwise.
Concurrently on July 14, 2014, Richard G. Stifel was appointed as president,
chief executive officer, chief financial officer, treasurer, secretary and
director of our company.
RICHARD G. STIFEL, - PRESIDENT, CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL
OFFICER, TREASURER, SECRETARY AND DIRECTOR
Mr. Stifel is the founder and currently acts as the manager of RGS Resources,
LLC, a regional firm that specializes in providing interim chief financial
officer, controller and accounting services to start up and mid-sized companies.
He acted as chief financial officer, secretary and treasurer of Big Cat Energy
Corporation/Sterling Oil & Gas Company (2007 to July 2012), a publically held,
oil and gas service company that provides water handling solutions to the coal
bed methane segment of the industry with revenues of $3 million. Mr. Stifel was
also market leader and a consultant at Siegfried Group (2004 - 2007) where he
developed start-up operations in Denver and Phoenix for this national provider
of professional financial services. While working with Siegfried Group he built
the client base to $2.5 million in 14 months, hired and trained a staff of 26
consultants and performed consulting services for Big 4 and Fortune 100 clients.
From 1996 to 2001, Mr. Stifel was Group Controller, US Operations at Automation
Solutions International, LLC (formerly MSI Technologies, Inc.) where he was a
key member of the executive team for the $75 million US operations division of
this $95 million enterprise, distributing high-technology factory automation and
motion control devices to major commercial and industrial accounts in the global
market place. From 1991 to 1996, he was vice president finance, secretary at
Horizon Resources Corporation and was the top-ranking finance executive for a
$45 million, publicly traded corporation involved in gold exploration and potash
mining.
We appointed Mr. Stifel due to his experience in manufacturing, transportation,
telecommunication, consumer products, and also for his knowledge of cost
accounting, budgeting, cash management, month end close, information technology,
mergers and acquisitions.
Richard G. Stifel holds a Bachelor of Science in Administration with
concentration in accounting from Colorado State University.
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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.
INTEGRATED ELECTRIC SYSTEMS CORP.
/s/ Richard G. Stifel
------------------------------------------------------------
Richard G. Stifel
President, Chief Executive Officer, Chief Financial Officer,
Treasurer, Secretary and Director
Date: July 14, 2014
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