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(Exact name of registrant as specified in its charter)
iTexas
i76-0509661
(State
or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification Number)
i5301
Hollister
i(713)
i996-4700
iHouston,
iTexas
i77040
(Address
of principal executive offices)
(Registrant’s telephone number, including area code)
_________________________
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:
i☐Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Exchange Act:
Title
of Each Class
Trading Symbol
Name of Exchange on which Registered
iCommon Stock par value $0.01
iDXPE
iNASDAQ
Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. i☐
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 21, 2022, Mr. Gene Padgett, the Chief Accounting Officer of DXP Enterprises, Inc. (the “Company”), informed the Company of his resignation from his position as Chief Accounting Officer of the Company effective October 10, 2022.
Mr. Kent Yee, the Company’s
Chief Financial Officer and Senior Vice President Corporate Development will serve as principal accounting officer of the Company effective October 10, 2022 until further notice.
Mr. Yee, age 47, currently serves as a member of the Board of Directors of the Company, Chief Financial Officer and Senior Vice President Corporate Development and leads the Company’s acquisitions, finance, accounting, business integration and human resource activities. During March 2011, Mr. Yee joined the Company from Stephens
Inc.’s Industrial Distribution and Services team where he served in various positions. Prior to Stephens, Mr. Yee was a member of The Home Depot’s Strategic Business Development Group with a primary focus on acquisition activity for HD Supply. Mr. Yee was also an Associate in the Global Syndicated Finance Group at JPMorgan Chase. He has executed over 45 transactions including more than $1.5 billion in M&A and $3.4 billion in financing transactions primarily for change of control deals and numerous industrial and distribution acquisition and sale assignments. He holds a Bachelors of Arts in Urban Planning from Morehouse College and an MBA from Harvard University Graduate School of Business.
There is no arrangement or understanding between Mr. Yee and any other person pursuant to which Mr. Yee was appointed as an officer, and Mr. Yee is not party to any transactions that would be reportable under
Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit
Description
Exhibit 104
Cover
Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
