Invesco DB Commodity Index Tracking Fund 8-K, filed Oct 30, 2020
Invesco DB Commodity Index Tracking Fund (DBC)
About this 8-K
Invesco DB Commodity Index Tracking Fund filed this 8-K on October 30, 2020, reporting on events of October 27, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
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SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(c)
On October 27, 2020, the Board of Managers of Invesco Capital Management LLC (the “Managing Owner”), the managing owner of Invesco DB Commodity Index Tracking Fund, appointed Mr. Jordan Krugman to serve on the Board of Managers of the Managing Owner, effective as of the close of business on October 30, 2020 (the “Effective Date”). Mr. Krugman will replace Ms. Kristie Feinberg, who, as previously disclosed, gave notice of her resignation from the Board of Managers of the Managing Owner as of the Effective Date.
Jordan Krugman (43) is Chief Financial Officer of the Americas for Invesco Ltd., a global investment management company affiliated with the Managing Owner. He was appointed to this position in October 2020. In this capacity, Mr. Krugman is responsible for general management support, in addition to executing on various strategic initiatives and overseeing the financial framework for the business units operating within the Americas division of Invesco Ltd. He has also served as a Member of the Board of Managers of the Managing Owner since October 2020. From March 2019 to October 2020, Mr. Krugman served as the Global Head of Financial Planning and Analysis at Invesco Ltd. In this role, he was responsible for overseeing Invesco’s forecasting, budgeting strategic planning and financial target setting processes, including analytics and decision support for Invesco Ltd’s executive team. From March 2017 to March 2019, Mr. Krugman served as Invesco Ltd.’s Head of Finance & Corporate Strategy, North America. In this role, Mr. Krugman was responsible for strategic and financial planning for Invesco Ltd.’s global investments organization including global real estate, private equity and global fixed income. Prior to that, Mr. Krugman was Invesco Ltd.’s Treasurer and Head of Investor Relations from May 2011 to March 2017. In this role, he was responsible for management of Invesco Ltd.’s liquidity and capital management programs. Additionally, Mr. Krugman managed the communication with Invesco Ltd.’s external stakeholders including equity shareholders, debt investors, rating agencies, and research analysts. Mr. Krugman earned a BA degree in American civilizations, with a US history concentration, from Middlebury College in Vermont in 1999, and earned an MBA from Santa Clara University in California in 2007. He is a Certified Treasury Professional (CTP).
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.
| Invesco DB Commodity Index Tracking Fund | ||||||
| By: | Invesco Capital Management LLC, its Managing Owner | |||||
| By: | /s/ Adam Henkel | |||||
| Name: | Adam Henkel | |||||
| Date: | October 30, 2020 | |||||
| Title: | Secretary | |||||