UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective February 23, 2022, the Board of Directors (the “Board”) of Workhorse Group Inc. (the “Company”) appointed William G. Quigley III. as a Director. The Board has determined that Mr. Quigley is independent for purposes of serving on the Board under the applicable rules of the Securities and Exchange Commission and the Nasdaq Capital Market. Mr. Quigley will serve as a member of the Company’s Audit Committee. He has more than three decades financial and operating experience in the automotive and manufacturing industries, and since 2016, Mr. Quigley has served as a member of the board of directors of Cadre Holdings Inc., a global leader in manufacturing and distribution of safety and survivability equipment for first responders. He most recently served as Senior Vice President and Chief Financial Officer of Nexteer Automotive Group Limited, a tier one automotive supplier operating from 27 manufacturing facilities and three global technical centers with over 12,000 employees. Prior to that he served as the Chief Financial Officer of Dana Holding Corporation (NYSE: DAN) and, before that, as the Chief Financial Officer of Visteon Corporation (NASDAQ: VC). Mr. Quigley earned his Bachelor of Arts degree in accounting from Michigan State University and is a Certified Public Account in the state of Michigan.
There are no arrangements or understandings between Mr. Quigley and any other person pursuant to which he was selected as a Director. There are no transactions with Mr. Quigley that would require disclosure under Item 404(a) of Regulation S-K.
Item 7.01. Regulation FD Disclosure.
On February 23, 2022, the Company issued a press release announcing the appointment of Mr. Quigley. Pursuant to Item 7.01 of Form 8-K, a copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in Item 7.01 and Item 9.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
Forward-Looking Statements
Certain statements in this Current Report on Form 8-K are forward-looking statements that involve a number of risks and uncertainties. For such statements, the Company claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from the Company’s expectations. Additional factors that could cause actual results to differ materially from those stated or implied by the Company’s forward-looking statements are disclosed in the Company’s reports filed with the Securities and Exchange Commission.
Item 9.01. Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated February 23, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| WORKHORSE GROUP INC. | ||
| Date: February 24, 2022 | By: | /s/ James D. Harrington |
| Name: | James D. Harrington | |
| Title: | General Counsel, Secretary and Chief | |
| Administration Officer | ||
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