ESCALADE INC — Board/Management Information 2009

Mar 17, 2009

8-K 1 escalade_8k.htm FORM 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 13, 2009

| ESCALADE,
INCORPORATED |
| --- |
| (Exact Name of
Registrant as Specified in Its Charter) |
| Indiana |
| (State
or Other Jurisdiction of
Incorporation) |

0-6966	13-2739290
(Commission
File Number)	(IRS
Employer Identification No.)
817 Maxwell
Avenue, Evansville, Indiana	47711
(Address
of Principal Executive Offices)	(Zip
Code)

(812) 467-4449
(Registrant’s
Telephone Number, Including Area Code)
Not Applicable
(Former
Name or Former Address, if Changed Since Last Report)

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-12) |
| 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(c) and (e) – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 13, 2009, Escalade’s Board of Directors appointed Ms. Deborah Meinert as Vice President and Chief Financial Officer. Ms. Meinert, age 51, joined Escalade in November, 2007 as Escalade’s corporate controller. Prior to that time, Ms. Meinert served as Assistant Controller and Internal Auditor at United Components in Evansville, Indiana. Prior to 2004 Ms. Meinert worked in public accounting for Brown, Smith, and Settle, LLC and Harding & Shymanski, LLC, both located in Evansville, Indiana.

Ms. Meinert has no family relationship with any other executive officer or director of Escalade. Ms. Meinert has not been involved in any related party transaction with Escalade.

In connection with Ms. Meinert’s promotion to Chief Financial Officer, Ms. Meinert will be provided the following:

| • | Annual
base salary of $132,000 for fiscal year 2009, subject to annual review and
increases by Escalade’s Compensation Committee of its Board of Directors for
2010 and future years; |
| --- | --- |
| • | Annual
cash bonus and equity awards, based on company and personal performance, and
subject to full discretion of Escalade’s Compensation Committee of its Board
of Directors; and |
| • | Participation
in Escalade’s health and welfare plans, consistent with company policy. |

Item 8.01 – Other Events

Escalade issued the press release attached hereto as Exhibit 99.1 on March 17, 2009 announcing the appointment of Ms. Meinert as Chief Financial Officer.

Item 9.01 – Financial Statements and Exhibits

(c)
Exhibit	Description
99.1	Press release dated March
17, 2009

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Escalade, Incorporated has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| Date:
March 17, 2009 |
| --- |
| By: /s/ ROBERT J. KELLER |
| Robert J. Keller,
President and Chief Executive Officer |