8K filing Number 2 Officer at $CMT "resigns" after
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Posted On: 08/25/2018 4:55:49 PM
8K filing Number 2 Officer at $CMT "resigns" after poor quarter
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 15, 2018, Core Molding Technologies, Inc. (the "Company"
announced that Robert P. Price, Vice President of Operations, was no longer employed by the Company.
In connection with Mr. Price's resignation, the Company and Mr. Price entered into a separation agreement ("the Separation Agreement", dated August 17, 2018. Pursuant to the Separation Agreement, Mr. Price agreed to, among other things, (a) receive two months separation compensation, (b) customary non-disparagement and confidentiality covenants and (c) release and waive any and all claims against the Company and its representatives, including claims that arise out of his employment or relationship with the Company or any of its representatives and the cessation of his employment, except for the enforcement of the Separation Agreement.
A copy of the Separation Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Corporate Officers
Kevin L. Barnett
President and Chief Executive Officer
Robert P. Price
Vice President of Operations
Terrence O’Donovan
Vice President of Marketing and Sales
John P. Zimmer
Vice President, Secretary, Treasurer and Chief Financial Officer
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 15, 2018, Core Molding Technologies, Inc. (the "Company"
announced that Robert P. Price, Vice President of Operations, was no longer employed by the Company. In connection with Mr. Price's resignation, the Company and Mr. Price entered into a separation agreement ("the Separation Agreement"
, dated August 17, 2018. Pursuant to the Separation Agreement, Mr. Price agreed to, among other things, (a) receive two months separation compensation, (b) customary non-disparagement and confidentiality covenants and (c) release and waive any and all claims against the Company and its representatives, including claims that arise out of his employment or relationship with the Company or any of its representatives and the cessation of his employment, except for the enforcement of the Separation Agreement. A copy of the Separation Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Corporate Officers
Kevin L. Barnett
President and Chief Executive Officer
Robert P. Price
Vice President of Operations
Terrence O’Donovan
Vice President of Marketing and Sales
John P. Zimmer
Vice President, Secretary, Treasurer and Chief Financial Officer
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