8-K

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) February 1, 2016

SKYLINE CORPORATION

(Exact name of registrant as specified in its charter)

Indiana	1-4714	35-1038277
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

P. O. Box 743, 2520 By-Pass Road    Elkhart, IN 46515

(Address of principal executive offices) (Zip Code)

(574) 294-6521

(Registrant’s telephone number, including area code)

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 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 February 1, 2016, Skyline Corporation (the “Corporation”) appointed Jeffrey A. Newport to the position of Senior Vice President of Operations.  Mr. Newport, who is 51 years old, will be responsible for manufacturing, purchasing and quality at each of the Corporation’s nine manufacturing facilities.  For the last five years, Mr. Newport served as President of Goldshield Fiberglass, a manufacturer of fiberglass components located in Decatur, Indiana.  Mr. Newport’s appointment as Senior Vice President of Operations became effective as of February 1, 2016.

Mr. Newport will receive an annual base salary of $205,000 and is employed on an at-will basis.  In addition, in connection with his appointment on February 1, 2016 the Corporation granted Mr. Newport 25,000 stock options pursuant to the Corporation’s 2015 Stock Incentive Plan.  The option grant will be subject to the terms and conditions of an award agreement, which will provide that the options will vest and become exercisable in five equal installments on February 1, 2017, 2018, 2019, 2020, and 2021.  The options have an expiration date of February 1, 2026.  Mr. Newport also will be eligible to participate in any annual or quarterly bonus program that may be initiated by the Corporation in the future.  Mr. Newport did not enter into an employment agreement or any other compensatory plan, contract, or arrangement in connection with his appointment.

Mr. Newport was not selected as Senior Vice President of Operations pursuant to any arrangement or understanding between him and any other person.  There are no family relationships between Mr. Newport and any of the Corporation’s other directors or executive officers.  Since the beginning of the Corporation’s last fiscal year, there has been no transaction or currently proposed transaction in which the Corporation was or is to be a participant and in which Mr. Newport or any of his immediate family members had or will have a direct or indirect material interest required to be disclosed under Item 404(a) of Regulation S-K.

On February 4, 2016, the Corporation issued a press release announcing the appointment of Mr. Newport as the Corporation’s Senior Vice President of Operations.  A copy of the press release is attached as Exhibit 99.1 to this report on Form 8-K and incorporated by reference herein.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits:
Exhibit No.	Description
99.1	News release of Skyline Corporation dated February 4, 2016

SIGNATURE

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

	SKYLINE CORPORATION
Date:  February 4, 2016
	By:	/s/ Jon S. Pilarski
		Jon S. Pilarski
		Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.	Description	Location
99.1	News release of Skyline Corporation dated February 4, 2016	Attached

EX-99.1

Exhibit 99.1

NEWS RELEASE

Skyline Corporation

2520 By-Pass Road

P.O. Box 743

Elkhart, Indiana 46515-0743

(574) 294-6521

Subject:NEW SENIOR VP OF OPERATIONSApproved by:     JON S. PILARSKI

ELKHART, INDIANA --- FEBRUARY 4, 2016

SKYLINE APPOINTS JEFF NEWPORT AS SENIOR VICE PRESIDENT OF OPERATIONS

Skyline Corporation (NYSE MKT: SKY) (“Skyline” or the “Corporation”) announced today that it has appointed Jeff Newport to the position of Senior Vice President of Operations. Newport will oversee Skyline Corporation’s manufacturing, purchasing and quality operations for Skyline’s nine operating divisions.

“Jeff’s diverse background in operations management, business development and proven execution capabilities give him a unique combination of skills necessary to lead operations at a time when the fundamental structure of the industry is changing,” said Rich Florea, President and CEO of Skyline Corporation.  “He is a critical asset to help us drive new operational strategies.”

Prior to his new position Newport served as President of Goldshield Fiberglass, a premier manufacturer of fiberglass components, where he led a doubling of revenue growth and support of key quality and lean initiatives that resulted in 400% increase in profitability.

In addition to his to leadership at Goldshield, Newport brings to the Skyline executive team significant senior management experience as VP of Operations for Rinker Boats and Dutchmen Manufacturing.

Newport holds a bachelor’s degree in Operational Leadership and Supervision from Purdue University.

About Skyline Corporation

Skyline Corporation designs, produces and markets manufactured housing, modular housing and park models to independent dealers and manufactured housing communities located throughout the United States and Canada. The Company has nine manufacturing facilities in eight states.

Skyline Corporation was originally incorporated in Indiana in 1959, as successor to a business founded in 1951, and is one of the largest producers of manufactured and modular housing in the United States. Skyline generated net sales of approximately $186.9 million in fiscal 2015. For more information, visit www.skylinecorp.com.

NEWS RELEASE

Skyline Corporation

2520 By-Pass Road

P.O. Box 743

Elkhart, Indiana 46515-0743

(574) 294-6521

Subject:NEW SENIOR VP OF OPERATIONSApproved by:     JON S. PILARSKI

Forward-Looking Statements

This press release contains statements regarding our strategic direction and our projected financial and business results, which may be considered forward-looking within the meaning of the U.S. federal securities laws. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied in this press release. Such risk factors include those related to: consumer confidence and economic uncertainty, availability of wholesale and retail financing, the health of the U.S. housing market as a whole, federal, state and local regulations pertaining to the manufactured housing industry, the cyclical nature of the housing and park model industries, general or seasonal weather conditions affecting sales, potential impact of natural disasters on sales and raw material costs, potential periodic inventory adjustments by independent retailers, interest rate levels, impact of inflation, impact of rising fuel costs, cost of labor and raw materials, competitive pressures on pricing and promotional costs, catastrophic events impacting insurance costs, and the availability of insurance coverage for various risks to the Company. Actual results may differ materially from those contained in the forward-looking statements in this press release. We assume no obligation, and do not intend, to update these forward-looking statements as a result of future events or developments. Additional information concerning these and other risks factors is contained in the Risk Factors sections of our Form 10-K for the year ended May 31, 2015.