Lci Industries 8-K, filed Nov 17, 2022
Lci Industries (LCII)
8-K
2022-11-17
For: 2022-11-17
View Original
Added on
July 07, 2026
About this 8-K
Lci Industries filed this 8-K on November 17, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
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): November 17, 2022
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Indicate by check mark whether the registrant is an emerging growth company as defined in 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).
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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
On November 17, 2022, the Board of Directors (the “Board”) of LCI Industries (the “Company”), upon the recommendation of the Board’s Corporate Governance, Nominating, and Sustainability Committee, increased the size of the Board to eleven, and elected Linda K. Myers to serve as a member of the Board with a term to expire at the 2023 annual meeting of stockholders. Ms. Myers was also appointed to serve as a member of the Audit Committee, Corporate Governance, Nominating, and Sustainability Committee, and the Risk Committee of the Board.
There are no arrangements or understandings between Ms. Myers and any other persons pursuant to which she was appointed a director of the Company. She has no family relationships with any of the Company’s directors or executive officers, and she is not a party to, and she does not have any direct or indirect material interest in, any transaction requiring disclosure under Item 404(a) of Regulation S-K.
As a non-employee director, Ms. Myers will participate in the non-employee director compensation arrangements described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 4, 2022. In connection with her appointment, on November 17, 2022, Ms. Myers received a grant of 708 restricted stock units, which will vest in full on the first anniversary of the grant date. In addition, Ms. Myers will execute the Company’s standard form of indemnification agreement, the form of which was filed as Exhibit 10.1 to the Company’s Form 8-K filed on May 26, 2015.
Item 7.01 Regulation FD Disclosure.
On November 17, 2022, the Company issued a press release announcing the election of Ms. Myers to the Board of Directors. A copy of the press release is being furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Index:
99.1 Press Release dated November 17, 2022
104 Cover Page Interactive Date File (formatted as Inline XBRL and contained in Exhibit 101).
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.
LCI INDUSTRIES | |||||
(Registrant) | |||||
By: /s/ Brian M. Hall Brian M. Hall Chief Financial Officer | |||||
| Dated: | November 17, 2022 | ||||
Exhibit 99.1
FOR IMMEDIATE RELEASE |  | |||||||
Contact: Brian M. Hall, CFO | ||||||||
Phone: (574) 535-1125 | ||||||||
E Mail: LCII@lci1.com | ||||||||
LCI Industries appoints Linda Myers to Board of Directors
Elkhart, Indiana – November 17, 2022 - LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced the appointment of Linda Myers to the Company's Board of Directors as an additional independent director. Ms. Myers will serve as a member of the Audit Committee, Corporate Governance, Nominating, and Sustainability Committee, and the Risk Committee of the Board of the Board.
Myers, 58, most recently served as a partner and seasoned member of the senior leadership team at Kirkland & Ellis LLP (“Kirkland”), a large multi-national law firm, from 1996 through February 2022. During her time at Kirkland, Myers served on the Global Management Executive Committee and established Kirkland’s Diversity Integration Task Force, which determines policy and structural enhancements to execute the firm’s commitment to diversity at all levels. Myers is also a founding member of Kirkland’s Women’s Leadership Initiative.
Myers currently serves on the board of directors of Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. At Gibraltar, she serves as Chair of the Gibraltar Nominating, Governance & Corporate Social Responsibility Committee. Myers also holds board leadership roles at Kinzie Capital Partners, National Philanthropic Trust, Chicago Shakespeare Theater, and Lyric Opera of Chicago.
“We are pleased to welcome Linda to our Board,” said Tracy Graham, Chairman of LCI Industries’ Board of Directors. “We are confident that her financial and legal acumen, along with her strong leadership abilities, will create tremendous value for LCI, our Board of Directors, and all of our stakeholders.”
Myers joins directors James Gero, Jason Lippert, David Reed, Brendan Deely, Frank Crespo, Kieran O’Sullivan, Tracy Graham, Virginia Henkels, Johnny Sirpilla, and Stephanie Mains on the Company’s Board, each for a one-year term ending at the next annual election of directors.
About LCI Industries
LCI Industries, through its wholly-owned subsidiary, Lippert, supplies, domestically and internationally, a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets, consisting primarily of recreational vehicles and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Company also supplies engineered components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors, and service centers, as well as direct to retail customers via the Internet. Lippert's products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck
accessories; electronic components; appliances; air conditioners; televisions and sound systems; tankless water heaters; and other accessories. Additional information about Lippert and its products can be found at www.lippert.com.
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