UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
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.
Appointment of Executive Officers
On February 3, 2022, the Board of Directors (the “Board”) of Highline Management, Inc. (“Highline”), a wholly-owned subsidiary of GPB Capital Holdings, LLC (“GPB”), the general partner of GPB Automotive Portfolio, LP (the “Company”), appointed Robert Chmiel as Chief Executive Officer of Highline, effective January 1, 2022. Also on February 3, 2022, Mike Frost, Highline’s President, was also appointed Chief Investment Officer of Highline, effective January 1, 2022.
On February 3, 2022, the Board appointed Evan Cutler as Chief Financial Officer of Highline, effective January 1, 2022. Mr. Cutler assumed this role from Mr. Chmiel, who previously served as the Chief Financial Officer of Highline until his appointment to Chief Executive Officer of Highline, effective January 1, 2022.
Mr. Cutler, 37, previously served as Senior Controller of Highline, and formerly GPB, since April 2019. Mr. Cutler leads all financial aspects of Highline, including finance and accounting, financial reporting, and taxes, and assists in all other areas of Highline’s business. Mr. Cutler was previously Controller of Capstone Investment Advisors from 2015 to 2018, where he led the fund accounting group and was responsible for P&L, review and monitoring of operations functions, month end close processes, regulatory filings, financial statements, taxes, investor due diligence meetings and new fund launches from an accounting and operational perspective. Mr. Cutler also was a member and presenter to the valuation committee of Capstone Investment Advisors. Mr. Cutler has 14 years total experience in the investment management industry, is a Certified Public Accountant licensed in the state of New Jersey, and has a B.S. from Montclair State University.
Mr. Cutler is not related to any member of the Board or any executive officer of the Company, and is not a party to any transactions which would require disclosure under Item 404(a) of Regulation S-K. The information called for under Item 5.02(c)(3) has not been determined at the time of this filing, and the Company will timely file an amendment to this Current Report on Form 8-K once the information has been determined and is available.
Appointment of Chairman of the Board
On February 3, 2022, Jane Kanter, a director of Highline, was appointed Chairman of the Board. Ms. Kanter assumed this role from Mr. Frost, who resigned as Chairman, effective February 3, 2022.
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.
| Dated: February 9, 2022 | GPB Automotive Portfolio, LP | |
| By: | /s/ Robert Chmiel | |
| Robert Chmiel | ||
| Chief Executive Officer, | ||
| Highline Management, Inc. | ||
| (Principal Executive Officer) | ||