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 Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 24, 2022, Domonic J. Carney resigned as Chief Financial Officer and Treasurer of Industrial Human Capital, Inc. (“AXH” or the “Company”), and the Board of Directors (the “Board”) of AXH accepted his resignation the same day, effective immediately.
On May 24, 2022, the Board of AXH appointed Gabriel Rodriguez, 34, to the positions of Chief Financial Officer and Treasurer of AXH, effective immediately. Since January 2021, Mr. Rodriguez has served as Director of Finance for AXH’s sponsor, ShiftPixy, Inc. (“ShiftPixy”), a human capital management enterprise, and will continue to serve in that role, as well as Chief Financial Officer and Treasurer of AXH, until a suitable replacement can be found. Mr. Rodriguez was employed by the worldwide accounting firm PriceWaterhouseCoopers from January 2012 until February 2015, when he left as a Senior Associate. From February 2015 until April 2016, he held the position of Senior Accountant for Carnival Corp. & PLC (NYSE:CCL), one of the world’s largest cruise operators. Mr. Rodriguez assumed the position of Manager/Vice President, FP&A, for Capital Bank Financial Corp., a bank holding company, from April 2016 through January 2018, when Capital Bank was acquired by First Horizon Corp. (NYSE:FHN), a financial services company. Mr. Rodriquez became Assistant Controller and Manager of Special Projects of First Horizon following the acquisition, leaving in August 2018 to become Director of IT Finance for Southern Glazer’s Wine & Spirits, a privately owned wine and alcohol distributor. Mr. Rodriguez earned a Bachelor’s of Science Degree in Business Administration, with a minor in Accounting, from Villanova University, and a Master’s of Science Degree in Accounting from Florida International University. Mr. Rodriguez is licensed as a Certified Public Accountant in the State of Georgia.
There is currently no agreement in place between the Company and Mr. Rodriguez with respect to his compensation, and the Company does not intend to pay any compensation to Mr. Rodriguez prior to the consummation of its initial business combination. Mr. Rodriguez currently earns annual compensation in his role as Director of Finance for ShiftPixy of $174,152.
On May 24, 2022, the Company’s sponsor, ShiftPixy, issued a press release announcing these developments. A copy of the press release is attached hereto as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits |
| (d) | Exhibits. |
The following exhibits are filed as part of this report:
| Exhibit Number | Description | |
| 99.1 | Press release issued by ShiftPixy, Inc., dated May 24, 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 thereunto duly authorized.
| INDUSTRIAL HUMAN CAPITAL, INC. | ||
| Date: May 24, 2022 | By: | /s/ Scott W. Absher |
| Scott W. Absher | ||
| Chief Executive Officer | ||
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