Date of report (Date of earliest event reported): December 1, 2021
CSW INDUSTRIALS, INC.
(Exact name of registrant as specified in charter)
Delaware
001-37454
47-2266942
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
5420 Lyndon B. Johnson Freeway, Suite 500
Dallas, Texas75240
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (214) 884-3777
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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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 Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.01 per share
CSWI
Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined by 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 December 1, 2021, CSW Industrials, Inc. (the “Company”) announced that Bobby Griffin has been elected by the Company’s Board of Directors (the “Board”) as a new member of the Board. Mr. Griffin brings to the Company’s Board over 26 years of domestic and international Fortune 500 experience as an influential and transformational human resources and diversity and inclusion leader.Mr. Griffin currently serves as Chief Diversity, Equity and Inclusion Officer at Rockwell Automation, Inc., a provider of industrial automation and information technology, a role he has held since February 2021.Prior to his current role and beginning in 2017, Mr. Griffin served as Vice President of Diversity and Inclusion at CBRE Group, Inc., a commercial real estate services and investment firm, and prior to that served as Global Director of Diversity and Inclusion at Flowserve Corporation, a fluid motion control equipment and services provider.
In connection with his election to the Board, Mr. Griffin has also been appointed as a member of the Compensation & Talent Development and Nominating & Corporate Governance Committees of the Board.The Board has made an affirmative determination that Mr. Griffin qualifies as an independent director under Nasdaq rules and the Company’s standards for director independence. There is no arrangement or understanding between Mr. Griffin and any other person pursuant to which he was to be selected as a director. There have been no transactions directly or indirectly involving Mr. Griffin that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934.
Mr. Griffin will be compensated for his service on the Board in accordance with the Company’s compensatory and other arrangements for non-employee directors, which are described in detail in the Company’s definitive proxy statement dated July 8, 2021, under the heading “Board of Directors Compensation.”
A copy of the press release issued by the Company announcing the election of Mr. Griffin is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this report by reference.
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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 hereunto duly authorized.
Dated: December 1, 2021
By:
/s/ Luke E. Alverson
Name:
Luke E. Alverson
Title:
Senior Vice President, General Counsel & Secretary
