8-KThe WireRed Alert
Executive Change
Filed Sep 7, 2018 · 7y ago · Accession 0001193125-18-269210
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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): September 7, 2018
COCA-COLA BOTTLING CO. CONSOLIDATED
(Exact name of registrant as specified in its charter)
Delaware
0-9286
56-0950585
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
4100 Coca-Cola Plaza, Charlotte, North Carolina
28211
(Address of principal executive offices)
(Zip Code)
(704) 557-4400
(Registrants 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:
☐
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))
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. ☐
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On September 7, 2018, Coca-Cola Bottling Co. Consolidated (the
Company) announced that on September 6, 2018, the Executive Committee of the Companys Board of Directors (the Board) elected Scott Anthony to be the Companys Executive Vice President, Chief Financial Officer,
effective December 31, 2018 upon the previously announced succession of Mr. David Katz, the Companys current Executive Vice President and Chief Financial Officer, to the position of President and Chief Operating Officer.
Mr. Anthony is expected to join the Company on November 30, 2018 and will serve as the Companys Senior Vice President, Treasurer until he assumes the role of the Companys Executive Vice President, Chief Financial Officer. A
copy of the Companys news release announcing Mr. Anthonys election is attached as Exhibit 99.1.
Mr. Anthony,
age 55, currently serves as Executive Vice President, Chief Financial Officer of Ventura Foods, LLC, a privately-held food solutions company, a position he has held since April 2011. Prior to joining Ventura Foods, LLC, Mr. Anthony served in a
variety of roles over a 21-year career with Coca-Cola Enterprises, Inc. (CCE), including Vice President, Chief Financial Officer of CCEs North America division; Vice President,
Investor Relations & Planning; and Director, Acquisitions & Investor Relations.
In connection with
Mr. Anthonys election, he will (i) receive an annual base salary of $525,000, effective as of November 30, 2018, a bonus of $75,000 upon commencement of employment with the Company and an additional $75,000 bonus after six
months of employment with the Company, (ii) be eligible to participate in the Companys Annual Bonus Plan beginning in 2019, with a target bonus award of 60% of his base salary for 2019, and will be recommended for participation in the
Companys Long-Term Performance Plan for the 2019 2021 performance period, subject to the approval of the Compensation Committee of the Board in March 2019, with a recommended target award of 60% of his base salary, (iii) be
eligible to participate in the Companys Supplemental Savings Incentive Plan, including with a fixed annual discretionary award of $100,000 made under the plan for the years 2019 2023, subject to his continued employment with the
Company, and (iv) receive certain relocation assistance benefits for his relocation from California to the Charlotte, North Carolina area.
Mr. Anthony has no family relationships with any director or executive officer of the Company, there are no arrangements or
understandings between Mr. Anthony and any other persons pursuant to which he was selected as the Companys Senior Vice President, Treasurer or Executive Vice President, Chief Financial Officer, and there have been no transactions
involving the Company and Mr. Anthony that the Company would be required to disclose pursuant to Item 404(a) of Regulation S-K.
Item 9.01.
Financial Statements and Exhibits.
(d)
Exhibits
Exhibit No.
Description
Incorporated By
Reference To
99.1
News Release, dated September 7, 2018.
Filed herewith.
SIGNATURE
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.
COCA-COLA BOTTLING CO. CONSOLIDATED
Date: September 7, 2018
By:
/s/ E. Beauregarde Fisher III
E. Beauregarde Fisher III
Executive Vice President, General Counsel and Secretary
Filing details
- Company
- Coca-Cola Consolidated, Inc.
- Ticker
- COKE
- CIK
- 317540
- Form type
- 8-K
- Filing date
- Sep 7, 2018
- Report date
- Sep 7, 2018
- Document
- d621277d8k.htm
- Size
- 33 KB