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): March 14, 2011
COMMUNICATIONS SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
|
Minnesota |
001-31588 |
41-0957999 |
|
(State or other jurisdiction |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
|
|
|
|
10900 Red Circle Drive, Minnetonka, MN |
55343 | |
|
(Address of principal executive offices) |
(Zip Code) | |
Registrant’s telephone number, including area code (952) 996-1674
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 (see General Instruction A.2. below):
|
o |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
o |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-2) |
|
o |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
o |
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 Principal Officer; Election of Directors; Appointment of Principal Officers.
On March 14, 2011, Communications Systems, Inc. (“CSI”) announced that Jeffrey Berg, the Company’s President and Chief Executive Officer, will retire from active management on May 19, 2011 concurrent with its Annual Meeting of Shareholders. Mr. Berg will continue as a member of CSI’s Board and provide consulting services following his retirement. He will be succeeded by Mr. William Schultz who currently serves as CSI’s Executive Vice President of Operations. Mr. Schultz was named as CSI’s Executive Vice President of Operations in May of 2010. He originally joined the Company in 2000 as a product manager in its Transition Networks subsidiary, following nine years at AMP, a division of Tyco International, Ltd.
ITEM 9.01. Financial Statements and Exhibits.
|
(a) |
Not applicable |
|
(b) |
Not applicable |
|
(c) |
Not applicable |
|
(d) |
Exhibits |
The following are filed as exhibits to this Current Report:
|
Exhibit No. |
|
Description of Exhibit |
|
99.1 |
|
Press Release issued March 14, 2011 |
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, thereunto duly authorized.
|
|
COMMUNICATIONS SYSTEMS, INC. | |
|
|
|
|
|
|
|
|
|
|
By |
/s/ David T. McGraw |
|
|
|
David T. McGraw |
|
|
|
|
Dated: March 16, 2011