0001577095-16-000227.txt : 20160714 0001577095-16-000227.hdr.sgml : 20160714 20160714070420 ACCESSION NUMBER: 0001577095-16-000227 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160714 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160714 DATE AS OF CHANGE: 20160714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ClubCorp Holdings, Inc. CENTRAL INDEX KEY: 0001577095 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997] IRS NUMBER: 205818205 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36074 FILM NUMBER: 161766518 BUSINESS ADDRESS: STREET 1: 3030 LBJ FREEWAY, SUITE 500 CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 972-406-4112 MAIL ADDRESS: STREET 1: 3030 LBJ FREEWAY, SUITE 500 CITY: DALLAS STATE: TX ZIP: 75234 8-K 1 holdings-20160714x8kxmb.htm 8-K Document


 



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): July 14, 2016
ClubCorp Holdings, Inc.
(Exact name of registrant as specified in its charter)

Nevada
 
001-36074
 
20-5818205
(State or other
 
(Commission File Number)
 
(IRS Employer
jurisdiction of incorporation)
 
 
 
Identification No.)
 
3030 LBJ Freeway, Suite 600
Dallas, Texas
 
75234
(Address of Principal Executive Offices)
 
(Zip Code)

(972) 243-6191
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:

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(b))

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))



 







This current report on Form 8-K is furnished by ClubCorp Holdings, Inc., a Nevada Corporation (the “Company”), in connection with the matters described herein.

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 14, 2016, the Company announced that Mark A. Burnett would assume the role of President of the Company from Eric Affeldt, effective as of the same date. Mr. Burnett will continue to report to Eric Affeldt, who will remain as the Company’s Chief Executive Officer and a member of the Company’s Board of Directors. Mr. Burnett, aged 51, will also continue to serve as the Company’s Chief Operating Officer, a role he has held since October 2013. Mr. Burnett joined the Company in December 2006 as Executive Vice President of Golf & Country Clubs. From December 2004 to December 2006, Mr. Burnett was the owner and operator of a multi-unit territory of Five Guys Enterprises, LLC franchises. Prior to that, he held several positions for American Golf Corporation from January 2000 to December 2004, including executive vice president of operations and chief operating officer. Mr. Burnett previously served as president and chief executive officer from June 1998 to December 1999 and chief operating officer from September 1996 to June 1998 for KSL Fairways Golf Corporation, and as vice president of operations for Golf Enterprises, Inc. from January 1993 to August 1996. A description of Mr. Burnett’s compensation arrangements and additional information about him can be found in the Company’s Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 15, 2016.

Item 7.01
Regulation FD Disclosure.

On July 14, 2016, the Company issued a press release announcing the promotion of Mark A. Burnett to President of the Company. The full text of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference in this Item 7.01. The information in this Form 8-K and Exhibit 99.1 is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01
Financial Statements and Exhibits.

Exhibit
Number
 
Description
99.1
 
Press release, dated July 14, 2016, of ClubCorp Holdings, Inc.






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


Date: July 14, 2016
CLUBCORP HOLDINGS, INC.
 
 
 
By:
/s/ Curtis D. McClellan
 
 
Curtis D. McClellan
 
 
Chief Financial Officer and Treasurer





Exhibit Index

Exhibit
Number
 
Description
99.1
 
Press release, dated July 14, 2016, of ClubCorp Holdings, Inc.





EX-99.1 2 holdings-20160714xex991.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

ClubCorp Promotes Mark A. Burnett to President and Chief Operating Officer

DALLAS, July 14, 2016, – ClubCorp – The World Leader in Private Clubs® (NYSE: MYCC) – today announced the promotion of Mark A. Burnett to the position of President and Chief Operating Officer. He will continue to report to ClubCorp’s CEO, Eric Affeldt.

Announcing the appointment, Affeldt said, “Mark’s promotion to President is the result of his excellent performance and contributions to the Company during his tenure and demonstrates our commitment to developing talent and promoting from within. The Board and I feel fortunate to have someone of Mark’s skill and industry experience as we continue to pursue our growth strategies and drive the Company’s operational and financial performance. I look forward to working with Mark in his expanded role and responsibilities, which will also allow me to devote more time to business development and our strategic initiatives.”

As Chief Operating Officer, Burnett led the successful acquisition, integration and reinvention of Sequoia Golf, the largest acquisition in the Company’s history. He has also led efforts and has overseen the acquisition of 25 additional acquired golf and country clubs and the reinvention of 55 legacy golf and country and business clubs during his career with ClubCorp.

Burnett joined ClubCorp in 2006 and brings over 25 years of experience managing and operating private clubs. Burnett was promoted to Chief Operating Officer in October 2013, and was previously Executive Vice President of Golf & Country Clubs. Prior to joining ClubCorp, Burnett held titles of Executive Vice President and Chief Operating Officer at American Golf Corporation, and President and Chief Executive Officer, Chief Operating Officer and Vice President of Golf Operations at KSL Fairways Golf Corporation.


ClubCorp President and Chief Operating Officer
1
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Exhibit 99.1

About ClubCorp (NYSE: MYCC)
Since its founding in 1957, Dallas-based ClubCorp has operated with the central purpose of Building Relationships and Enriching Lives®. ClubCorp is a leading owner-operator of private golf and country clubs and private business clubs in North America. ClubCorp owns or operates a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 26 states, the District of Columbia and two foreign countries that serve over 430,000 members, with approximately 20,000 peak-season employees. ClubCorp Holdings, Inc. is a publicly traded company on the New York Stock Exchange (NYSE: MYCC). ClubCorp properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); Capital Club Beijing; and Metropolitan Club Chicago. You can find ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at @ClubCorp.

SOURCE ClubCorp Holdings, Inc.



ClubCorp President and Chief Operating Officer
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