0001140361-16-059291.txt : 20160329 0001140361-16-059291.hdr.sgml : 20160329 20160329151205 ACCESSION NUMBER: 0001140361-16-059291 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160329 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160329 DATE AS OF CHANGE: 20160329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIC AMERICAN CORP CENTRAL INDEX KEY: 0000008177 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 581027114 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03722 FILM NUMBER: 161535219 BUSINESS ADDRESS: STREET 1: 4370 PEACHTREE RD NE CITY: ATLANTA STATE: GA ZIP: 30319 BUSINESS PHONE: 4042665500 MAIL ADDRESS: STREET 1: 4370 PEACHTREE ROAD CITY: ATLANTA STATE: GA ZIP: 30319 8-K 1 form8k.htm ATLANTIC AMERICAN CORPORATION 8-K 3-29-2016

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)    
March 29, 2016 (March 29, 2016)

ATLANTIC AMERICAN CORPORATION
(Exact name of registrant as specified in its charter)

Georgia
0-3722
58-1027114
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

4370 Peachtree Road, N.E., Atlanta, Georgia
 
30319
    (Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code    
(404) 266-5500

N/A
(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:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


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

On March 29, 2016, the Board of Directors (the “Board”) of Atlantic American Corporation, a Georgia corporation (the “Company”), announced the appointment of Mark E. Preisinger as a member of the Board, effective March 30, 2016, to serve until the Company’s Annual Meeting of Shareholders in 2016, at which he is expected to stand for election to a full term.

Mr. Preisinger will receive compensation for his service as a member of the Board that is consistent with the compensatory arrangements the Company has in place with its other non-employee directors.

A copy of the press release announcing Mr. Preisinger’s appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated March 29, 2016.
 

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.

 
ATLANTIC AMERICAN CORPORATION
     
 
By: 
/s/ John G. Sample, Jr.
   
John G. Sample, Jr.
   
Senior Vice President and Chief Financial Officer

Date:  March 29, 2016
 

EXHIBIT INDEX

Exhibits:

Exhibit 99.1 Press release dated March 29, 2016
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1

Exhibit 99.1
 
ATLANTIC AMERICAN ANNOUNCES APPOINTMENT OF
MARK PREISINGER TO BOARD OF DIRECTORS
 
ATLANTA, Georgia, March 29, 2016- Atlantic American Corporation (Nasdaq- AAME) announced today that its Board of Directors has appointed Mark Preisinger as a new member of the Board, effective March 30, 2016.  As with all Directors, Mr. Preisinger’s term will run through the Company’s 2016 annual meeting, and he will be nominated for re-election.

Mark Preisinger is Director of Corporate Governance for The Coca-Cola Company.  In this capacity, his responsibilities include coordinating engagement between the Company and its institutional and individual shareowners, with a primary focus on corporate governance, environmental and social issues.  Mr. Preisinger joined The Coca-Cola Company in 1984 and has managed a variety of domestic and international assignments for the business.  Since 2007, he has served as Vice President of Public Policy and Stakeholder Engagement overseeing the development and execution of strategies to manage stakeholder and public policy issues for the Company.

Mr. Preisinger serves on the New York Stock Exchange Listed Company Advisory Board; on the Advisory Board for the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School; on the Board of Directors of the IRRC Institute; and is an Emeritus member of the Advisory Board of the Weinberg Center for Corporate Governance at the University of Delaware.  He is a past member of the Board of Governors of the International Corporate Governance Network; has been Co-Chairman of the Council of Institutional Investors and he has been listed on the NACD 100 most influential people in the boardroom community.  Mr. Preisinger is a frequent speaker on programs related to corporate governance.

Commenting on the appointment, Hilton H. Howell, Jr., chairman, president and chief executive officer, stated, “We are so pleased to welcome Mark to the Atlantic American Board of Directors.  These are very exciting times at Atlantic American, and the wealth of knowledge Mark brings to the table, both from his years at Coca-Cola and his prior board experience, will be invaluable to us as we continue to grow.”

Atlantic American is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries.  Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company.

Note regarding forward-looking statements:  This news release contains forward-looking statements subject to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements may relate to, among other things, our future strategies, operating or financial performance.  Forward looking statements are based on management’s assumptions regarding, among other things, general economic and industry-specific business conditions, as well as the execution of our business strategy.  Actual results could differ materially from those indicated by such forward-looking statements due to a number of factors and risks, including those detailed from time to time in statements and reports that Atlantic American Corporation files with the Securities and Exchange Commission.

For further information contact:
 
John G. Sample, Jr.
Hilton H. Howell, Jr.
Senior Vice President and Chief Financial Officer
Chairman, President & CEO
Atlantic American Corporation
Atlantic American Corporation
404-266-5501
404-266-5505