ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS.
Appointment of new CFO
On January 12, 2022, RGC Resources, Inc. ("Resources" or the "Company")
announced the hiring of Jason Field, effective January 10, 2022. Mr. Field will
be appointed, effective February 10, 2022, Vice President, Chief Financial
Officer and Treasurer. Upon his appointment, Mr. Field will serve as the
Company's principal financial officer and principal accounting officer.
There is no arrangement or understanding between Mr. Field and any other person
pursuant to which he was selected as an officer of the Company, and there is no
family relationship between Mr. Field and any of the Company's other directors
or executive officers. Additional information about Mr. Field is provided below:
Mr. Field previously served as Vice President, Finance at Medical Facilities of
America where he was responsible for directing and communicating all aspects of
finance, accounting and treasury operations. Prior to Medical Facilities of
America, Mr. Field worked at KPMG after beginning his career at Central Maine
Healthcare. Mr. Field is a certified public accountant and holds a BS degree in
business administration with an accounting emphasis from University of Southern
Maine.
Mr. Field's initial salary will be $210,000; however, any performance or
incentive compensation will not be determined until the time he assumes the
position of Chief Financial Officer.
A copy of the Company's press release announcing Mr. Field's hire is attached
hereto as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENT AND EXHIBITS.
99.1 RGC Resources, Inc. Names Chief Financial Officer Press Release dated
January 12, 2022
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses